25 Questions
What is the primary purpose of plan resourcing requirements?
To determine the resources needed for the change
Which of the following is NOT a type of resource typically considered in plan resourcing requirements?
Environmental resources
What is an example of a human resource that may be required for a change?
Skilled team members
Why is it important to determine financial resources in plan resourcing requirements?
To ensure the change can be funded
What is the relationship between plan resourcing requirements and the success of a change?
Plan resourcing requirements can contribute to the success of a change
What is the proposed approach to change according to Hamel and Zanini (2014)?
A real-time, socially constructed approach to change
What is the primary purpose of risk management in strategic change?
To ensure smooth implementation of change
What is the main limitation of today's organisations when it comes to change?
They were designed for discipline and efficiency
What is the role of leaders in building a change platform?
To build a platform that allows anyone to initiate change
What is the first step in the risk management process?
Identifying potential risks
What is the ultimate goal of assessing the impact of potential risks?
To prioritize risks based on their potential impact
What are the three limiting assumptions that leadership teams need to tackle?
Change starts at the top, change is rolled out, and change is engineered
What is the purpose of a change platform?
To allow anyone to initiate change, recruit confederates, suggest solutions, and launch experiments
What is the outcome of effective risk management in strategic change?
Smooth implementation of change
Why is risk management essential for leading strategic change?
It is a critical component of strategic change
What can leaders achieve by following the steps of strategic change?
A smoother transition and successful outcomes
What is the primary goal of strategic change?
To ensure a smoother transition and successful outcomes
What do leaders need to do to manage complexities of strategic change?
Critically appraise and effectively manage them
What is the outcome of not following the steps of strategic change?
Increased resistance to change
Why is it important for leaders to follow the steps of strategic change?
To ensure a smoother transition and successful outcomes
What is the primary focus of Assessment Criterion 1.2?
Critically appraising the complexities of leading strategic change
What is the outcome of completing the online learning?
Completing Learning Outcome 1.2
What is the primary purpose of Learning Outcome 1.2?
To critically appraise the complexities of leading strategic change
What is the next step after completing the online learning for Learning Outcome 1.2?
Testing knowledge of leading strategic change
What is the key skill required for Assessment Criterion 1.2?
Critical thinking for strategic change
Study Notes
Risk Management in Leading Strategic Change
- Risk management is crucial for smooth implementation of strategic change, involving identification of potential risks, assessment of their impact, and development of strategies to mitigate them.
Complexity Challenges
- Complexity challenge arises from the pace of change, requiring a real-time, socially constructed approach to change.
- Traditional approach to change is limited by three assumptions:
- Change starts at the top
- Change is rolled out
- Change is engineered
- Instead, leaders need to build change platforms that enable anyone to initiate change, recruit confederates, suggest solutions, and launch experiments.
Limitations of Today's Organisations
- Today's organisations were designed for discipline and efficiency, enforced through hierarchy and routinisation, making them ill-equipped to change proactively and profoundly.
Plan Resourcing Requirements
- Determine the financial, human, and technological resources needed for the change.
- This step is essential for effective management of complexities and ensuring a smoother transition to strategic change.
Outcome
- Critically appraise the complexities of leading strategic change, ensuring a smoother transition and successful outcomes.
This quiz assesses your understanding of risk management in leading strategic change. Learn to identify potential risks, assess their impact, and develop strategies to mitigate them.
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