Organization can bring in changes either intentionally or due to external pressure or circumstances. This is purely dependent upon the type of change made by the company. Changes can be made in any operations, in the number of staffs, the way of operations, changes in business strategies, in marketing techniques, product development and launch and so on. However, whatever the change be, it is essential for the company to ensure that the changes are made for the betterment and growth of its business. Change management is a critical scenario that every business organization focuses on, in order to ensure a smooth business flow. For enabling an effective change management, Kenwood has to ensure that all the employees in the company are aware of the changes that are brought it and are also equipped with proper training on the skills and knowledge base required for the new changes. This will ensure smooth business operations that will lead to the success in the future endeavors of the company.
Need for Change
There can be a number of reasons that contributes to changes in the company. Kenwood may also tend to incorporate changes within its business operations due to the following reasons.
Crisis: Crisis is the external environmental factors that make the company to change its business operations or any business strategies (Maital, & Seshadri, 2012). These are unexpected changes that may occur due to financial crisis in the country, for instance the recession that happened in 2008. As a result of crisis, organization may have to implement sudden changes to ensure all its business operations are going ahead smoothly without any interruptions of the crisis and its situations. For enabling this, a proper strategic plan is required to be predetermined well before to ensure the business continuity in the situation of crisis.