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Change Management : The Systems And Tools For Managing Change

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Change Management Change management is a structured process of leading people utilizing tools and processes to implement change (Change management: the systems and tools for managing change , 2015) within an organization in response to internal or external factors. Change may be in response to new technology, governmental regulations, market trends, the need to increase capabilities, or the failure of an organization to meet Quarterly financial goals (Anderson & Ackerman, 2001). Katzenbach (1995) list three elements that change leaders master with bringing about change in an organization. These elements are organizational synergy, understanding that market environment, and projecting the competitor’s capacity and intentions …show more content…

Legal requirements, ethics and social responsibility have brought about a demand for change in the business community as a whole. Business entities that have do not respond or accept the demand for change are faced governmental fines and are not successful as business entities that responded appropriately to the demands for change. Utilitarian Theories and Kant’s Categorical Imperatives can be seen in the concept of Corporate Social Responsibility (CSR) (Arnold, Beauchamp, & Bowie, 2013). CSR concepts are a result of governmental regulations, a business desire to increase brand equity, a business desire to increase customer equity, to be ethically responsible, and to attract talent (employees). Other than fines imposed for violating federal laws, there are other factors that influence change within the business community. Many studies conducted show a correlation of profitability with a company’s that demonstrate ethical and social responsibility (Scarborough & Cornwall, 2013). Business entities demonstrate CSR to their employees, the environment, investors, and to customers. Corporate Social Responsibility Responsibility to the Environment Government Regulations. The United States Environmental Protection Agency (EPA) is a governmental entity that regulates and governs the actions to businesses to ensure that the air, land and water are not polluted or made harmful by individuals are

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