According to the dynamic business world, organizational life cycle, external trends, fluctuation of customers’ expectations, and necessity of staying viable and scale, most of the businesses at some points will experience some transition and change. No matter how big the change would be the process of change management depends on the technique of supporting the change to lead to successful resolution, and it usually includes three major phases such as identifying the problem and doing preparation, implementation, and following the process and make necessary corrections.
Organizational change models are the tools that help organizations to plan, implement, and manage organizations’ required changes in a way that can lead them to success and growth. According to economic factors, rivalry conditions, and the industry forces, there are different change management models that managers can take advantage of them. In this E-Portfolio, we are going to explain the following 6 different change management models that we have learned in this course:
Lewin's Model
Sequential Model
Kotter's Model
ADKAR Model
McKinsey Model
Bridges' Transition Model
When it comes to manage a change, "Leaders" play a crucial role in leading the change in order to get the successful implementation and result. Please visit the following pages to read more about effective and critical role of the leaders in change management.
Nowadays based on the different global issues such as climate change, inequity, and human rights problems, inappropriate work conditions, pollution, and so on, businesses should work more on their sustainable and ethical activities along with their financial preferences, in order to assist the environment and society to overcome these issues.
Triple Bottom Line (TBL) is one of the subjects that suggests that organizations need to concentrate on environmental and social impact of their business rather than just thinking about making profit. This concept address three "Ps" such as : people, planet, and profit.
Interestingly, most of the companies experience more profitability and improvement in their performance when they maintain Triple Bottom Line approach within their organization.