DBLC9755: The most challenging aspect of a business is leading and managing change. With the business environment being subject: Managing Change & Leadership Assignment, HWU, Malaysia
| University | Heriot-Watt University (HWU) |
| Subject | DBLC9755: Managing Change & Leadership |
“The most challenging aspect of a business is leading and managing change. With the business environment being subject to fast-paced economic and social change modern businesses need to adapt and be flexible to survive. The main challenge in leading change is to manage human resources.
As mentioned by Kotter (2019) “More change demands more leadership…” Kotter emphasized the need for a leader to manage change. Nilakant & Ramanarayan (2006) also mentioned the importance of leadership during each phase of change, mainly the execution stage.
Kotter (2019) identified one of the most common errors of organizational failures during change as its inability to create a powerful guiding coalition. He stressed the importance of strong line leadership during change.”
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