Page 135 - BA1 Integrated Workbook STUDENT 2018

Managing the change process (change leadership)

Ethics and change management

For a change to be implemented ethically, it is important to consider the
following.

 Is the change justified?

 What will the impact be on stakeholders (e.g. redundancies)?

 Management motivation/approach used – are they acting out of
personal interest

 Release of information – manipulation approach adopted?

Ensuring that an ethical approach is adopted can be particularly important
when an organisation is in decline. Approaches to managing this could
include:

 retrenchment – cost cutting

 turnaround – repositioning the business within its current market

 divestment – sale or closure of business units

 liquidation – sale of the organisation as a whole.

Illustrations and further practice

Now review Illustrations 2 and 3 as well as TYU 14, 15 and 17 in Chapter 13 of the
text.

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