Question: (50 marks) Read the following article and answer the question that follows: Transforming XYZ Corporation: Navigating Change Management XYZ Corporation has a long-standing history of
(50 marks)
Read the following article and answer the question that follows:
Transforming XYZ Corporation: Navigating Change Management XYZ Corporation has a long-standing history of success and innovation. However, recent market shifts and emerging technologies have disrupted the company's traditional business model. To remain relevant and sustain growth, XYZ Corporation must embark on a transformative change initiative. As XYZ Corporation announces its change management initiative, resistance to change emerges from various stakeholders within the organisation Employees, particularly those in established roles and departments, felt threatened by the proposed changes. Middle managers expressed concerns about potential job losses or shifts in power dynamics. Some employees resist change due to fear of the unknown or uncertainty about their ability to adapt to new ways of working.
Required:
Drawing on the case study, draft a reflective thought blog in which you address the following:
Analyse the resistance to change faced by XYZ Corporation during its change management initiative.
Discuss the strategies employed to overcome this resistance.
Assess the application of Kotter's Eight-step Plan for implementing change and evaluate the effectiveness of each step in facilitating a successful transformation.
Provide recommendations for enhancing the change management approach in future change initiatives.
Note
Important: good academic writing is essential.
Research: conduct thorough research (with at least five academic sources) to explain the resistance to change/change management. Length: a maximum of 600 words is allowed.
Assessment: the marking rubric attached (see Annexure) will be used to assess your response. Use it to inform your thoughts while drafting the response.
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