Answer the following: (100-150 words each)Failed Change: The Greatest Preventable Cost to Business?Review the “Change Myths”. As the text says, “How many of these change myths were you taught, still

Answer the following: (100-150 words each)
Failed Change: The Greatest Preventable Cost to Business?
Review the “Change Myths”. As the text says, “How many of these change myths were you taught, still believe, or ring true?” Give an example of how one of these myths can get in the way of effective change. Give an example of how one of these myths can get in the way of effective change.
What are some other industries that are experiencing rapid change? What can we learn from these examples?
Explain the science of successful organizational change and how it is best to be used
Does Failure Always Mean the Same Thing?
How can a manager avoid failures when implementing changes?
Schein
reading describes one of the founding change management models, Lewin’s, of Unfreeze, Change, and Refreeze (pg. 3), as well as a four-step model that includes Gap analysis (pg. 7). How are these models similar? Has your organization used a change management model, or intuitively used one of these processes?
The challenge that change failure rates pose for C-level change governance is:
Are we being honest with ourselves when assessing costs and benefits, return on capital, and risks of major change?
Do the firm’s accounting and capital budgeting processes reflect these failure rates?
Do internal and external management consultants’ proposals reflect these failure rates?







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