Challenges of Managing an Organizational Change

Organizational change has become necessity for survival, growth and prosperity of the organizations in the present competitive and changing business environment. Business environment comprises of various elements such as customers, suppliers, competitors, governments, shareholders, creditors and communities. Since these elements are dynamic, organizations must change to keep pace with their environment. Organizational change is the movement of an organization away from its present state towards a desired future state to increase its efficiency and effectiveness. Managing the organizational change is one of the most challenging tasks because of the resistance by the people of the organization to the change effort.