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Business Finance homework help

Graduate diploma management

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Student name:
Assessor:
Date:
Business this assessment is based on:
Documents reviewed:

Section 1: Preparation

Provide an overview of the current situation facing the business including: The organisational mission, purpose and values Analysis of the company’s organisational objectives and identification of strategic changes needs A review of any current policies, procedures and practices against strategic objectives and a summary of potential changes Key stakeholders involved and affected by the change
Outline any legislation, regulations and code of practice that applies to business strategic change and how you will apply this. (Note, if using the case study, conduct research and use federal and state specific information relevant to your own state/territory that must be applied).
Research Conduct research to identify environmental risks or impacts to the business or any other considerations you feel necessary.
Outline the sources of information you identified about best practice change management strategies, as well as an overview of best practice change management strategies you will use. Summarise each source of information and briefly outline how it has assisted in identifying major change requirements and opportunities
Major change requirements Identify and document major operational change requirements based on the business and your research and analysis to date. Formulate ideas and opportunities and outline strategies to achieve goals and how these could be implemented.
Prioritisation of change requirements Outline your recommended priorities for each of the change requirements, including your reasoning.
Financial implications Summarise the financial implications – financial costs of changes and also cost reduction strategies that could be utilised. Outline the benefits of this.
Risks
Communication channels Establish channels for personnel affected by the changes to communicate with management. How will this be done and how often?
As the change agent responsible for the change, what are your personal responsibilities in relation to this strategic change are and how will your behaviour impacts others?
Efficacy Describe how you see yourself in terms of personal efficacy. Give an example where you have been effective in producing positive change in others.
Competence Describe your interpersonal competence. Give at least on example where you have demonstrated competence in helping others
Empathy Give at least one example of how you have demonstrated empathy in the following: personal communication relationships day to day leadership role
Diversity Evaluate your ability to build confidence and respect with diverse groups of individuals. Comment on your ability to lead in a manner that is inclusive and respectful of the differences between people.
What are two personal weaknesses when it comes to change and what strategies do you use to regulate emotions/behaviour during times of change or disruption?
Attach:	Organisational documentation reviewed including Change Management Policy	☐

Section 2: Leading strategic change

Stakeholder 1
Who is this person and what stakeholder group do they form part of?
List of questions to ask this person.
Complete this after the meeting How confident are you in this person’s ability to not only handle the change but to contribute positively to the organisation’s change management processes? Provide reasons

Stakeholder 2
Who is this person and what stakeholder group do they form part of?
List of questions to ask this person.
Complete this after the meeting How confident are you in this person’s ability to not only handle the change but to contribute positively to the organisation’s change management processes? Provide reasons

Stakeholder 3
Who is this person and what stakeholder group do they form part of?
List of questions to ask this person.
Complete this after the meeting How confident are you in this person’s ability to not only handle the change but to contribute positively to the organisation’s change management processes? Provide reasons

Attach:	Written internal stakeholder communication	☐
	Written external stakeholder communication	☐
	Change management plan	☐
	Communication and education plan	☐
	Video footage of 3 x stakeholder engagement sessions (if not observed by the assessor)	☐

Section 3: Review

Summarise the feedback received that relates to management
How can the feedback you have received help you to improve your leadership style and communication? Provide specific examples
What is one area that you feel you would benefit the most from improving.
Source two professional development activities that could assist with this identified area/s Provide supporting reasons for your choice
Describe what you intend to do over the next few years for your own personal development.
Describe what you intend to do over the next few years to develop your personal leadership style
Attach:	Request for feedback	☐
	Change Management Review	☐
	Updated Communication and Education Plan	☐
	Developed written communication about change of process	☐

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