Leadership and Change Management

Leadership and Change Management

Customer Inserts His /Her Name

Customer Inserts Grade Course

Customer Inserts Tutor 's Name (07 , May , 2010 Introduction

Leaders are change managers this statement or thought is rather clichyd but true as we enter the new age where organizations might not even last 20 years or less if they fail to have the right kind of human resources This shortened life of mediocre organizations is a result of dynamic scenario that we have around us . If we look at the environment there are a number of

resets within and around various industries . For example the recent financial crisis has caused a change in the mindset of policymakers and regulators about how banks should roll out funds and products . This change in mindset is expected to lead to regulatory changes like new taxes or stringent policies for hedge funds and so on The point is that such changes demand firms , banks in this case , to transform and change or otherwise be overwhelmed by changes in the environment and than either come out with a reactive strategy to face extinction

Yes , all companies need managers and for the foreseeable future managers will continue to do work that runs the companies in the short-run though what we must understand is that leaders within the firm determine the longevity of the firm 's existence . Leaders ensure that objectives are set and vision is followed across the organization . Before we go into details it is important to understand here that leaders...