Change management is a systematic approach to dealing with the transition or transformation of an organization's goals, processes or technologies. The purpose of change management is to implement strategies for effecting change, controlling change and helping people to adapt to the changes made. The modern business world is marked by rapid technological advancements, shifting consumer preferences, and evolving market dynamics. Change Management is a new Concept as per which the Company makes necessary changes to be in the market. For Developing itself, the general strategies taken by the organizations are Product Diversification, Focus Strategy and Cost Control Strategy.
In such a scenario, Management plays an important role as per its functions i.e. Planning, Organizing, Staffing, Directing and Controlling. Specially, the disciplines of Human Resource and Marketing are getting much Liable for this process, as Marketers directly interact with people and HR of the organization should be competent. Due to such reasons, Decision making becomes an important tool and its importance is increasing with time Swami Devi Dyal Group of Professional institutions provides knowledge for all the necessary subjects, Specifically Marketing, Human Resource Management and Finance.
Management's involvement in organizational change is multifaceted and essential for its success. From setting the vision to providing leadership, allocating resources, and fostering communication, effective management drives the change process forward, ensuring that the organization adapts and thrives in a dynamic environment.