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Block 3 Unit 2 Change Management

1. What do you mean by the term change management?

Change management is the process of managing the transition from a current state to a desired future state within an organisation.

2. What is management?

Management is the process of planning, organising, leading, and controlling resources to achieve organisational goals.

3. Write in brief about psychological contract and people-organizational relationship.

The psychological contract is an unwritten agreement between employees and the organisation regarding expectations, while the people-organisational relationship outlines the mutual responsibilities.

4. What are the principles of change management?

Principles of change management include establishing urgency, creating a guiding coalition, developing a vision, communicating effectively, empowering action, creating short-term wins, consolidating gains, and making the changes stick.

5. Briefly discuss about management functions.

Management functions include planning, organising, directing, and controlling.

6. What is the nature of management?

Management is an economic resource, a system of authority, and a class team or group.

7. Elucidate the functions of management.

The functions of management are planning, organizing, staffing, directing, and controlling.