UNIT 10 Managing strategic change

Question 1

what are the key causes for change

Question 2

what are the types of change

Question 3

what is Lewin’s model of resistance to change

Question 4

what are the 6 ways of overcoming resistance to change

Question 5

what is a flexible organisation

Question 6

ways to be flexible within a organisation (structure)

Question 7

what is delayering

Question 8

pros and cons of delayering

Question 9

what is organistic

Question 10

what is mechanistic

Question 11

what is a zero hour contract

Question 12

pros and cons of a flexible contract (zero hour)

Question 13

what is organisational culture

Question 14

pros of a strong culture

Question 15

cons of a weak culture

Question 16

what is Charles Handy’s types of culture

Question 17

why is culture important

Question 18

how does it affect elements of a business (strategy)

Question 19

what indicates that a change of culture is needed

Question 20

what are the reasons for changing culture

Question 21

what are the difficulties of changing culture

Question 22

what are the key stages of strategic implementation

Question 23

why is leadership valued for a successful implementation of a new strategy

Question 24

why is communication valued for a successful implementation of a new strategy

Question 25

why is the right structure valued for a successful implementation of a new strategy

Question 26

what is network analysis and calculations

Question 27

pros and cons of network analysis

Question 28

internal reasons for failure

Question 29

external reasons for failure

Question 30

financial reasons for failure

Question 31

non financial reasons for failure

Question 32

what is a planned strategy

Question 33

what is a emergent strategy

Question 34

pros and cons of an emergent strategy

Question 35

what is strategic drift

Question 36

what is corporate governance

Question 37

pros and cons of strategic planning

Question 38

what is contingency planning

Answer 38

Contingency planning should focus on the most important risks: those that have the potential for significant disruption & damage

Question 39

pros and cons of contingency planning

Answer 39

pros Speeds up recovery Saves money (loss of revenue, recovery costs, compensations, fines, etc.) Shows ethical concerns (CSR) cons Costly & time consuming (use of consultants, managers’ time, drills, etc.) Could be a waste of money & time (opportunity cost) May never happen

Question 40

contingency planning examples (marketing, finance, people, operations)

Answer 40

Marketing Avoid over-reliance on customers or products Develop multiple distribution channels Test marketing for new products Operations Hold spare capacity Quality assurance & control Finance Insurance against bad debts Investment appraisal techniques People Key man insurance – protect against loss of key staff Rigorous recruitment & selection procedures