Change Management

Change management (sometimes abbreviated

as CM) is a collective term for all approaches

to prepare, support, and help individuals,

teams, and organizations in making

organizational change. Drivers of change may

include the ongoing evolution of technology,

internal reviews of processes, crisis response,

customer demand changes, competitive

pressure, acquisitions and mergers, and

organizational restructuring. It includes

methods that redirect or redefine the use of

resources, business process, budget

allocations, or other modes of operation that

significantly change a company or

organization. Organizational change

management (OCM) considers the full

organization and what needs to change, while

change management may be used solely to

refer to how people and teams are affected by

such organizational transition. It deals with

many different disciplines, from behavioral and

social sciences to information technology and

business solutions.

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