
Chap 5.2: Leadership and Change Management

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Business
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12th Grade
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Medium
Hanh Ho
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1.
FLASHCARD QUESTION
Front
Define LEADERSHIP
Back
Leadership is the ability to influence or motivate people to work towards the achievement of business objectives.
2.
FLASHCARD QUESTION
Front
Define CHANGE MANAGEMENT
Back
Change management is the process of monitoring and implementing strategies within a business to assist in change.
3.
FLASHCARD QUESTION
Front
Importance of Leadership in Change Management
Back
Effective Leadership is Crucial for Successful Change Implementation:
• Bridging the Gap: Leaders play a vital role in guiding stakeholders through the transition from the current state to the desired future state.
• Key Leadership Qualities:
-Setting high expectations for employees.
-Fostering cooperation and acceptance among all stakeholders.
-Resolving conflicts effectively.
-Maintaining an open mind and a sense of stability.
• Building Trust: When employees feel supported and trusted by their leaders, they are more likely to embrace and successfully navigate the change process, even in the face of resistance.
4.
FLASHCARD QUESTION
Front
Skills that an effective leader can use during a time of change:
Back
• Preparation and planning
• Communication
• Support
• Collaboration
• Accountability
5.
FLASHCARD QUESTION
Front
Explain PREPARATION AND PLANNING skill
Back
Effective Change Management Requires a Well-Defined Plan:
• Importance of a Plan: Developing a clear "plan of action" or "business case" for the change is crucial for successful implementation. This plan should clearly communicate the need for change to stakeholders.
• Key Elements of the Plan:
-Defining the Change: Clearly outlining the nature and scope of the change.
-Setting Timelines: Establishing a realistic timeline for implementing the change strategies.
-Visioning the Future: Articulating a clear vision for the desired outcome of the change.
• Decision-Making: The planning process involves making critical decisions, often with potential negative consequences (e.g., job losses).
• Impact of Inadequate Planning: Poorly planned changes are more likely to fail.
6.
FLASHCARD QUESTION
Front
Explain COMMUNICATION skill
Back
Effective Communication is Key to Successful Change Management:
• Clear Communication: The vision for change must be clearly communicated to all stakeholders, including employees. This includes explaining the reasons for change and providing regular updates on progress.
• Gaining Buy-in: Openly communicating the need for change and gaining initial buy-in from stakeholders can significantly reduce resistance.
• 2-Way Communication: Leaders should actively encourage and listen to feedback from stakeholders. This helps identify and address potential points of resistance.
• Importance of Clear Communication: Lack of clear communication can lead to opposition, hesitancy, and delays in the change process, creating difficulties for management and other stakeholders.
7.
FLASHCARD QUESTION
Front
Explain SUPPORT skill
Back
Supporting Employees is Crucial for Successful Change Management:
• Employee Support: Effective leaders must provide necessary support to employees during the change process, such as counseling, training, or mentoring.
• Building Trust: Employees who feel supported and valued by their managers are more likely to accept the risks associated with change and embrace the transition.
8.
FLASHCARD QUESTION
Front
Explain COLLABORATION skill
Back
Shared Responsibility and Employee Involvement are Key to Successful Change:
• Teamwork: Forming a dedicated team to facilitate the change process is crucial.
• Shared Responsibility: Delegating tasks and involving employees in the change process fosters a sense of ownership.
• Employee Involvement: When employees feel involved and responsible for the change, they are more likely to accept and support it.
9.
FLASHCARD QUESTION
Front
Explain ACCOUNTABILITY skill
Back
Accountability is Essential for Successful Change Management:
• Importance of Accountability: Leaders must be held accountable for the success or failure of change initiatives.
• Building Trust: Accountability fosters trust and respect between leaders and employees.
• Lack of Accountability: Lack of accountability can lead to mistrust, confusion, and hinder effective problem-solving.
• Driving Commitment: Accountability encourages a commitment to achieving the best possible outcomes from the change process.
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