Objectives ThisStudy has the following two main objectives:- (1)To identify the important causes and effects of change in the organizations. (2)To evaluate the efficiency of the change management in the organizations.
Need and Significance 1. Survival and success:- To survive and succeed in the present highlycompetitive and continuously evolving business environment change management isvery important in the organizations. 2. Delays :- To reduce change-associated cost andtime delays. 3. Mitigating failures :- It enables the evaluationof change dependencies and effects, and it is essential to controlling andmitigating failure factors in projects. 4. Open minded workplace:- Byhelping employees better understand change, a workplace is created that is moreopen-minded and inviting to change.
Change management can help ease thistension and create a smooth implementation process. 5. Transitions:- Changemanagement plays an important role in successful organizational transitions.However, many companies find that implementing the right strategy can bechallenging. 6.Productivity :- Ittends to increase productivity and service in all the departments in a company.7. Driving moresuccessful change :- Data and experienceshow that effective change management drives greater benefit realization andachievement of results and outcomes.
Building change management capabilitiesmeans greater success on critical projects and initiatives.8. Handling the amountof change occurring :-Given the amount ofand frequency of change occurring in organizations today, becoming better atimplementing change is essential.9.Preparing theorganization for the future :- The horizon for many organizations, and evenindustries, includes significant changes that are necessary to remaincompetitive and successful.10.Creatingconsistency and efficiencies in approach :- Change management practices across anorganization can be more effective when there is a standard approach in place.11.Building neededinternal capabilities :-Change management isviewed as an essential organizational capability and individual competency foremployees.12.Evaluation of Changes :-Change management is an integralprocess to identify existing and already occurred changes, predict potentialchanges and prevent their impacts, and coordinate changes throughout the entireproject.