Definition of Change ManagementĬhange management is a systematic approach that includes dealing with the transition or transformation of organizational goals, core values, processes or technologies. That’s why preparing for change should be one of your top priorities. 💡Check out Top Leadership Skills and become the leader your employees need.Ĭompanies that can’t adapt and grab growth opportunities are likely to be outcompeted by agile competitors and even disappear. The business world is changing at a fast pace: technology keeps evolving, customer trends are changing, new market regulations are being launched on a regular basis, and businesses have to cope with unprecedented global crises. Change management has become one of the most critical success factors for any business in today’s ever-changing world.
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