What is it?
Change management in a business refers to the structured approach and set of processes employed to facilitate and implement organisational transformations. It involves managing the people, processes, and systems affected by a proposed change to ensure a smooth transition and achieve the desired outcomes.
The goal of change management is to minimise resistance, mitigate potential disruptions, and enhance the likelihood of success for new initiatives. This involves assessing the need for change, creating a comprehensive plan, communicating effectively with stakeholders, and providing support and resources to individuals as they adapt to the new way of operating. Successful change management fosters a culture of agility and innovation within the organisation, enabling it to respond effectively to evolving market conditions and stay competitive in a dynamic business environment.