08. The Importance of Change Management in Culture
(Wilkinson, 2017)
Organizations
undergo change day by day. Whether it's implementing new technology or launching
new regulatory efforts, organization's corporate culture is essential to reaching
goals. Many firms overlook the significance of change management, which is
essential for modifying employees' work practices and, more importantly, their
long-term behaviors.
Benefits
1. Decreasing costs and raising profits
Generally,
an organization makes changes in order to perform better. Profit grows when
performance rises. The company might
start realizing substantial cost and efficiency benefits the sooner staff
members embrace new initiatives with the aid of change management.
2. Moderate organizational risk
Ignoring the
role that culture plays in any change the company undertakes creates
unnecessary risk. If the adoption of initiatives is neglected, the result is
often excessive risk and cost. Productivity declines, morale suffers and
eventually, employees disengage. Change management focuses on user adoption and
an easy transition helping to avoid additional risk.
3. Improve the probability of success.
Change
management, when used skillfully, can greatly raise the initiative's chances of
success. Long-term commitment can only be enhanced by understanding the core
causes of behavioral changes in people.
4. Sustainable competitive advantage
Organizations are dealing with more complicated and rapid changes than ever before, so being able to implement several changes at once with the appropriate tools helps them better realize their strategic goals. A management shift results in increased productivity, lower expenses, and change-advocating staff members who help the company stay one step ahead of rivals. Developing business-wide competencies will help an organization adapt to changes both now and, in the future, providing it a long-term competitive advantage.
Change
management facilitates a smooth transition and minimum stress that change can
cause. Employees are informed about the reasons for the change, how it would
affect the business culture, and how it will ultimately help them in a formal
manner. Change management raises a more adaptable and receptive work
environment by educating employees about change.
(HR Curator,
2020)
References
HR Curator.
(2020). The Importance of Change Management in Culture. [online] Available at: https://hrcurator.com/2020/05/04/https-ipsychtec-com-blog-the-importance-of-change-management-for-culture/.
[ Accessed 17 Nov. 2023.]
Anon,
(2023). How to make a culture change in the workplace. [online] Available at:
https://www.hrmorning.com/articles/culture-change-workplace/ [Accessed 17 Nov.
2023].
Wilkinson,
D. (2017c). Organisational culture change through HR? Really?? [online] The
Oxford Review. Available at:
https://oxford-review.com/culture-change-through-hr/ [Accessed 17 Nov. 2023].
In line with HRM theory, this paper skillfully emphasizes the crucial role that change management plays in the framework of organizational growth. The listed advantages—which range from preserving a competitive edge to lowering expenses—align with the strategic significance of successful change management. One important component of HRM theories is the sophisticated knowledge of human dynamics, which is shown in the emphasis on understanding the fundamental reasons of behavioral changes. All things considered, the paper offers a thorough understanding of how change management supports organizational performance in a business environment that is changing quickly. well-spoken and consistent with modern HRM ideals.
ReplyDeleteHi Sudharsha,How does an organization's corporate culture play a pivotal role in successful change management initiatives?
ReplyDeleteThe article highlights the importance of change management in organizations. It emphasizes that corporate culture is essential to reaching goals and that many firms overlook the significance of change management, which is essential for modifying employees’ work practices and, more importantly, their long-term behaviors. The article lists several benefits of change management, including decreasing costs and raising profits, moderating organizational risk, improving the probability of success, and achieving sustainable competitive advantage. I agree that change management is crucial for organizations to adapt and evolve in today’s market. I would also like to add that change management should be an ongoing process, not a one-time event. Organizations should continuously monitor and evaluate the effectiveness of their change management strategies and adjust them as needed. By doing so, organizations can ensure that their changes are implemented in a way that benefits everyone involved and leads to long-term success.
ReplyDeleteYour statement is very true, and the change management is pivotal in shaping and nurturing a company's culture amidst continual transformations. Its benefits span from cost efficiency and risk mitigation to enhancing success rates and fostering a more adaptable workforce. Educating and involving employees through change management creates a smoother transition, fostering an environment ready to embrace change.
ReplyDeletecultural differences can lead to misunderstandings and alienation if not appropriately taken into consideration. Different cultural perspectives can also make it harder to build a set of shared norms and values. Working in a remote environment only amplifies these challenges.
ReplyDeletewww.oysterhr.com. (n.d.)
Dear Sudarsha,
ReplyDeleteHow can organizations ensure a smooth transition during change by utilizing change management to enhance employee adaptation, reduce risks, and achieve sustainable competitive advantages?
Hi Sudarshana,
ReplyDeleteWhile appreciating your content, I would like to make a query.
The article emphasizes the importance of sustainable competitive advantage through effective change management. It raises a crucial question: How can organizations consistently measure the success and impact of change management initiatives beyond the short-term benefits? Are there specific metrics or methods to assess the long-term cultural shift brought about by change management practices?