Dynamism is an integral part of any industry and it is imperative for an organization to be flexible towards changes in order to make effective progress in all spheres.
Change Management refers to the making of changes in a planned and managed or systematic fashion. The aim is to more effectively implement new methods and systems in an ongoing organization. The changes to be managed lie within and are controlled by the organization.
The steps to achieve effective Change Management necessarily include these 5 ingredients:
VISION
SKILLS
RECOGNITION
RESOURCES
ACTION PLAN..... Leads to.........CHANGE