CMI 705 Assignment Example

Strategic change is important for any organisation’s growth and progress. It helps leaders understand how to better use resources, build new skills, and improve profits. To make strategic changes, leaders must realise that their current plans might not work for the future. They need to review the organisation’s goals and values to prepare for what’s ahead. A good strategic change plan should include both short-term and long-term goals to ensure lasting success.

Assignment 

Learning Outcome 1: Understand the Scope and Context of Strategic Change

AC 1.1 Discuss the scope, context, and drivers for organizational change

Organizational change is now a constant part of today’s business world. Even though businesses can be slow to adapt, they must find ways to update their practices to stay competitive. To make changes successfully, businesses need to understand the size, context, and reasons behind the changes they want to make. Knowing these factors helps them create a plan that looks at the risks, benefits, and support needed from stakeholders.

It’s also important to carefully review current processes and technologies to find problems and come up with better solutions. By studying outside factors, like changes in the economy and competition, businesses can build a strong strategy to handle change in a fast-moving market.

AC 1.2 Critically appraise the complexities of leading strategic change.

Leading strategic change is not easy. It requires a clear understanding of both where the organization is now and where it wants to go, along with a deep knowledge of the company’s culture. Good leaders need to have skills like humility, adaptability, and resilience to guide the changes in structure and behavior. They must also be able to quickly understand and react to new opportunities or risks as situations change.

Internal politics can create challenges during change, so it’s important for leaders to stay aware of conflicts and use evidence-based decisions to handle them. In the end, success depends on building trust within teams and being ready to manage the complexities that come with leading change in a complicated environment.

AC 1.3 Critically evaluate theories and models for leading and managing strategic change.

Recent research on leading and managing strategic change provides valuable ideas for helping organizations successfully evolve. Two well-known models are Kotter’s 8-Step Change Model and Lewin’s Three-Step Model (unfreezing, changing, and refreezing). These models offer practical strategies to guide organizations through complex transitions.

However, because every organization is different, it’s important to consider factors like the company’s size, industry, and culture when choosing the right approach. It’s also important to regularly check if the chosen model is working well during the change process, to stay on track and meet goals efficiently.
By investing in training and using proven models like Kotter’s and Lewin’s, organizations can give their teams the skills and confidence to manage change successfully.

Learning Outcome 2: Know How to Propose a Strategy for Leading Strategic Change

AC 2.1 Develop a proposal for leading strategic change.

The purpose of this proposal is to present a strategy for leading strategic change in XYZ organization. The strategy will focus on improving processes, introducing new technology, and restructuring the organization to support the changes.

First, we need to review current processes and technologies to check if they are meeting the organization’s goals. This will help us find areas where improvements can be made to boost efficiency and performance.

Next, we should develop a technology implementation plan that addresses both short-term and long-term needs. This plan will cover hardware and software requirements, costs, a timeline for rollout, and ways to gather feedback.

After that, we need to create an organizational restructuring plan. This plan should consider the skills and needs of the staff. It’s also important to provide proper training and support so that employees can adapt to the changes smoothly.

Finally, we must design a communication plan to keep stakeholders informed throughout the change process. Regular updates, meetings, and reports will help ensure everyone stays engaged and aligned.

AC 2.2 Reflect on how approaches to leadership can be applied to deliver the strategy for change.

Leadership is one of the most important factors in delivering a successful change strategy. It is important to have a leader who can not only understand the reasons for change but also inspire and motivate others to take action. A good leader should have confidence, determination, and strong communication skills to deliver a clear strategy that meets the needs of both decision-makers and those affected by the change.

For change to be successful, everyone involved must support the idea and be willing to contribute to its success. A strong leader understands the need for shared responsibility and encourages everyone to take part. By creating excitement and belief in the positive outcomes, a leader can help drive change forward quickly and effectively.

Must Read:

• CMI 705 Leading Strategic Change