Swot Analysis for Sony Ericsson Essay Example For Students

Swot Analysis for Sony Ericsson Essay SWOT Analysis for Sony Ericsson Strengths: Increased pieces of the overall industry Reduced misfortunes: Sony Ericsson has been effective in diminishing its organization misfortunes in the previous year. The organization cut its absolute misfortunes by the greater part in the second 50% of 2002. Sony Ericsson should hope to keep on reducing expenses so as to limit organization misfortunes much further. The achievement of the joint endeavor will be seen by its capacity to equal the initial investment and create benefits. Brand name: Having a solid brand name implies that all things considered, Sony Ericsson will sell more handsets, as shoppers typically decide to purchase marked items with which they are natural instead of those that are new. Sony Ericsson should hope to use both the Sony and Ericsson brand names, as they are both regarded brand names in the fields of hardware and broadcast communications. The joining of these two brand names will again assist the organization with increasing attention to its items bringing about expanded deals of handsets. New items: Sony Ericsson has discharged a line of new items that it is anticipated will assist the organization with increasing a lot of the market, just as create additional deals and benefits. Shortcomings: Loss making: The Sony Ericsson joint endeavor is as of now misfortune making. Sony Ericsson must attempt to create benefits at the earliest opportunity or the endeavor might be considered ineffective. Organization misfortunes may in any case be endured throughout the following couple of years, as the Sony Ericsson adventure has just been exchanging for a moderately brief timeframe. In any case, supported misfortunes over some undefined time frame may prompt either Sony or Ericsson choosing to stop their financing of the joint endeavor. Showcasing Costs: The dispatch of the company’s line of new cell handsets will imply that promoting costs will increment for the months when the items are propelled and for the underlying time of the products’ life cycle. High promoting costs are a need in this circumstance so as to make mindfulness and invigorate interest for Sony Ericsson’s handsets in a commercial center that is soaked with serious contributions. High advertising costs will make it increasingly hard for Sony Ericsson to limit misfortunes, breakeven and produce benefits. Openings: Social Media: Sony Ericsson is boosting its internet based life movement in an offer to build a lot of the advanced mobile phone advertise, which is feeling the squeeze from brands like Apple and Google. Redesign Segment Expanding Market G: The anticipated progress to 3G remote correspondence administrations gives Sony Ericsson a chance to catch piece of the pie and produce incomes and benefits. Sony Ericsson must cook for the expansion sought after around there by creating various handsets that will use this 3G innovation. The organization is putting forth an attempt to infiltrate this segment of the market and has had some achievement in doing as such. In any case, Sony Ericsson still path industry opponents, for example, Motorola, NEC and Panasonic inside the 3G part of the market. Telephone Design and Accessories: Sony Ericsson must screen the most recent patterns in client inclinations for the plan of handsets and the adornments given to use related to handsets. For instance, camera telephones are relied upon to increment in notoriety over the coming years. The expansion in notoriety of camera telephones presents Sony Ericsson with a chance to build its incomes and produce benefits, as camera telephones have an a lot higher normal selling cost than typical voice telephones. Well known Handset Technology Threats: Strong Competition: Sony Ericsson faces solid rivalry in the commercial center from various industry rivals. The company’s contenders incorporate Nokia, Samsung, Panasonic, LG Electronics, Motorola, Siemens and NEC. Sony Ericsson will likewise experience expanding rivalry from exceptional Chinese cell handset makers, for example, TCL, Bird, Eastcomm and Legend. These organizations will consolidate to remove deals and piece of the pie from Sony Ericsson. .ub9211d8100f3f4594ae8ed4b2bd8e99b , .ub9211d8100f3f4594ae8ed4b2bd8e99b .postImageUrl , .ub9211d8100f3f4594ae8ed4b2bd8e99b .focused content region { min-tallness: 80px; position: relative; } .ub9211d8100f3f4594ae8ed4b2bd8e99b , .ub9211d8100f3f4594ae8ed4b2bd8e99b:hover , .ub9211d8100f3f4594ae8ed4b2bd8e99b:visited , .ub9211d8100f3f4594ae8ed4b2bd8e99b:active { border:0!important; } .ub9211d8100f3f4594ae8ed4b2bd8e99b .clearfix:after { content: ; show: table; clear: both; } .ub9211d8100f3f4594ae8ed4b2bd8e99b { show: square; progress: foundation shading 250ms; webkit-change: foundation shading 250ms; width: 100%; haziness: 1; progress: darkness 250ms; webkit-change: mistiness 250ms; foundation shading: #95A5A6; } .ub9211d8100f3f4594ae8ed4b2bd8e99b:active , .ub9211d8100f3f4594ae8ed4b2bd8e99b:hover { obscurity: 1; change: murkiness 250ms; webkit-change: darkness 250ms; foundation shading: #2C3E50; } .ub9211d8100f3f4594ae8ed4b2bd8e99b .focused content territory { width: 100%; position: relati ve; } .ub9211d8100f3f4594ae8ed4b2bd8e99b .ctaText { outskirt base: 0 strong #fff; shading: #2980B9; text dimension: 16px; textual style weight: intense; edge: 0; cushioning: 0; text-enhancement: underline; } .ub9211d8100f3f4594ae8ed4b2bd8e99b .postTitle { shading: #FFFFFF; text dimension: 16px; text style weight: 600; edge: 0; cushioning: 0; width: 100%; } .ub9211d8100f3f4594ae8ed4b2bd8e99b .ctaButton { foundation shading: #7F8C8D!important; shading: #2980B9; fringe: none; fringe sweep: 3px; box-shadow: none; text dimension: 14px; textual style weight: striking; line-stature: 26px; moz-outskirt range: 3px; text-adjust: focus; text-adornment: none; text-shadow: none; width: 80px; min-tallness: 80px; foundation: url(https://artscolumbia.org/wp-content/modules/intelly-related-posts/resources/pictures/straightforward arrow.png)no-rehash; position: supreme; right: 0; top: 0; } .ub9211d8100f3f4594ae8ed4b2bd8e99b:hover .ctaButton { foundation shading: #34495E!important; } .ub9211d8100f3f45 94ae8ed4b2bd8e99b .focused content { show: table; stature: 80px; cushioning left: 18px; top: 0; } .ub9211d8100f3f4594ae8ed4b2bd8e99b-content { show: table-cell; edge: 0; cushioning: 0; cushioning right: 108px; position: relative; vertical-adjust: center; width: 100%; } .ub9211d8100f3f4594ae8ed4b2bd8e99b:after { content: ; show: square; clear: both; } READ: Detection Of Biological Molecules EssayPricing Pressure: The expanding rivalry in the phone handset market will definitely prompt estimating pressure. Estimating weight will prompt a pressing of Sony Ericsson’s edges. This will imply that the organization should look to reduce its expenses on the off chance that it is compelled to decrease the cost of its items. Inability to do so could imply that the organization will keep on causing misfortunes or just to produce unobtrusive benefits, when the potential is there for the organization to accomplish significantly more.

Korean Unification Essay Example For Students

Korean Unification Essay ? Thoughts of the Korean Unification: Can They LearnFrom Germany’s Experience?IntroductionThe thought of this paper is to investigate German Unification process with theoutlook for potential situations in Korea. By taking a gander at the similitudes and contrasts betweenthe circumstance in Germany and Korea. To do this I take a gander at the condition of the economies,recommendations toward strategy, the requirement for global help just as potential outcomes onhow to sort out the change. In the event that the Republic of Korea and the Democratic People’s Republicof Korea are to converge as one joined nation, a few variables should be taken into question. I would like to welcome light on what it may take with the end goal for this to occur. With the finish of the Cold War and the vanishing of the East-West showdown, newchallenges request political administration all together that the rise of new aggravations andtensions be kept away from. Separated nations, for example, Germany and Korea were the exemplification of thecold war time with its intense ideological divisions. German unification in 1989 was one of thecentral occasions of the procedure fixing the finish of the virus war. From that point forward, Germany hasundergone a procedure described by positive, however particularly additionally a variety of negativeexperiences. A progression of slip-ups was submitted during and after the German unificationprocess that caused avoidable torment and has enduring results which may not be defeated fordecades. The German experience may hold a few exercises for different nations. The Koreanpeninsula, for one, is as yet buried in a contention which mirrors the brutal ideological gap, uneveneconomic advancement and the developmen t of threatening military powers, including nuclearcapabilities. Could Korean deadlock and encounter proceed? Will the separation of the Soviet Union, thedisappearance of its Communist Party, the resulting strategies towards the market economy, theeconomic changes in China and new political arrangements in the district trigger Koreanunification? What are the exercises from the German experience? I will endeavor to reveal insight onthe these and various different issues related with the Korean unification process. Germany and Korea Similarities and Differences for UnificationWhile the unification of Germany was treated as a national issue, it really has and willcontinue to have extensive universal ramifications. Germany became for the time being from acountry of somewhere in the range of sixty million individuals to a country of eighty million. Germany today is one andhalf times the size of Britain, France or Italy.(Dept. Of State and Foreign Affairs) Although todayGermany has gigantic financial issues which will stay for at any rate the following 10 years, allof Germany’s neighbors accept that at long last Germany will end up as the winner monetarily. German unification has shown that the re-foundation of the solidarity of a nation evenafter an extensive stretch of division and challenges is conceivable and that unification can be accomplished ina equitable, serene way. However, notwithstanding likenesses between the two cases, there may likewise bemany contrasts in regards to inward a nd outer perspectives. Germany and Korea were both isolated in the wake of World War II against thebackground of competition between entrepreneur West and the socialist East. In the two nations, thehope for reunification was thin during the Cold War time frame. In contrast to Germany, North and SouthKorea had battled a brutal war. The two Germanys, in contrast to the two Koreas, closed asystem of settlements to regularize relations at the official level and to make sure about a small portion of civilcontacts and correspondences among the individuals. On the Korean promontory, North Korearemains right up 'til the present time a hermetically shut society. No data streams uncontrolled intothe nation, access to remote radio and transmissions is non-existent and no contact ispermitted with the outside world, not even the trading of letters. Travel both inside thecountry and abroad is dependent upon endorsement and guideline. Aside from the country’s pioneers andnomenklatura, all o ther North Koreans are uninformed of advancements on the planet as a rule andthe social and financial conditions in South Korea specifically. This star grouping is likely tomake any unification procedure in Korea loaded with the dangers of political and social insecurity. There are additionally critical contrasts in the monetary heavenly body between Germanyand Korea. The populace proportion among East and West Germany was 1:4, while for North andSouth Korea this proportion remains at 1:2. In 1997, North Korea is accepted to have encountered aneconomic decrease of 3.7% and in 1998 of 5.2%. South Korea has kept on accomplishing rapideconomic development in the recent decades. This has realized an ever-wideningincome hole. Today, the per capita pay of the South is at any rate multiple times the size of theNorth. This by itself will make financial joining among North and South an exceedinglytough and complex undertaking. North Korean GDP per capita relates to some 16% of that ofSouth Korean, while East German GDP per capita remained at 25% of West Germany’s at the timeof unification. North Korea’s exchange volume remained at $ 4.7 billion US dollars in 1990 and $ 2.7billion in 1991. The decline came about because of a droop in imports. Sout h Korea’s exchange volumereached $ 153 billion US dollars in 1991. China and the previous Soviet Union accounted forsome 70% of North Korea’s exchange. Rather than bargain or remuneration exchange courses of action of thepast, they currently request installment in hard monetary standards which North Korea needs. North Korea usedto import a large number of barrels of oil yearly from the previous Soviet Union against coal and otherraw materials, yet as of now it gets just 40,000 barrels creating a vitality crunch withserious repercussions for mechanical creation and expectations for everyday comforts. The usage of industrialcapacities has really fallen 40%. North Korean pioneers appear to be starting to open up theircountry to Western capital and innovation. Most speculations so far have come in the structure ofjoint adventure ventures with ace North Korean inhabitants living in Japan. (Flassbeck, Horn, 1996Chap. 4) Unlike East Germany, a unification of the two Koreas wo n't involve instant accessto new remote markets for both of the two given the nonappearance of an Asian basic market. Protectionism in the United States and Europe-Korea’s primary fare markets-threatens to erodeKorea’s trade base and places South Korea in a helpless monetary position. To help anyunification process later on, the worldwide network in a perfect world would need to be moreaccommodating to Korea later on. Yet, given the current atmosphere in worldwide tradenegotiations, it is impossible that a brought together Korea would be allowed guaranteed access to the EuropeanCommon Market or the United States. Sympathy FOR THE SOULS WHO INHABIT HELL EssayManagement is absolutely critical, fumble could carry disaster to allKoreans and another Korean War must be stayed away from no matter what. The division of the countryshould be overseen so as not to dishearten the desire of the individuals and national agreement forunification. National reunification among North and South Korea is apparently an intra-national issue. However, to make conditions conductive for unification and for steadiness on theKorean promontory and in North-East Asia involves global ramifications. An abrupt collapseof the North Korean system may open up the fringe on the Korean landmass short-term just asthe flood activated by the breakdown of the Berlin Wall in 1989. In the Germany case, theinfluence of the four powers particularly the Soviet Union was significant. For the situation ofKorea, the relations with neighboring forces hush up various. Korea is an extremely little countrycompared to its neighbors and has never compromised the security of the encompassing countries. Korea doesn't have to get a window of political open door as Germany did. It mighttherefore get ready for a progressively conscious pace to deal with the procedure of reunification. Korea should frame a collusion with the three significant forces it considers neighbors-Russia, China and Japan. The eventual fate of North Korea is connected to improvement in China. Theway in which the Chinese glance at the Korean promontory will be vital later on. The United States of America and the South-East Asian states can likewise be considered neighborsvis-a-vis the oceans. The four significant forces and the gathering of medium-sized powers in South-EastAsia ought to be considered as future monetary accomplices and be drawn nearer appropriately. Koreashould additionally address itself to the limit with regards to furious rivalry between a future joined Koreaand propelled Japan organizations and ventures. Sixty million Koreans are not a request ofmagnitude to coordinate either the 150 million Russians or the 1 billion Chinese or the 120 millionJapanese. (Youthful Hwan Choi, 1996). However, an assembled Korea must be viewed as a main consideration inthe Far East and on the p lanet economy overall. Universal Support Will Be Needed An assembled and stable Korea isn't just in light of a legitimate concern for North-East Asia, however the world atlarge. To support unification, Korea would require generous global financial andfinancial support. While Japan is as yet recording tremendous yearly exchange until here as of late, its fellowglobal co-agent for a long time, Germany, is not, at this point an excess nation followingunification. In this way, the weight falling on Japan will unavoidably expand adding to its presentlevels of advancement help and backing for the change of Eastern Europe. As North Korea is exceptionally poor in framework, for example, streets, harbors, railroads,communications and force supplies, gigantic speculations should be coordinated to these areasfollowing unification. Gigantic advances should be made sure about from the World Bank, the AsianDevelopment Bank and other universal money related organizations. The progression of privateinvestme

Change Management Everything You Need to Know

Change Management Everything You Need to Know Change is an integral part of lives and the transition from A to B is a process that takes time, efforts and acceptance of the need for change. The same holds true as far as project management and business administration are concerned. In this article, we shall learn what change management is and how it can prove to be beneficial for a business and those who constitute it. © Shutterstock.com | Romolo TavaniWe shall take a look at 1) what is change management, 2) benefits of change management, 3)   the process of change management, and 4) the 5 steps needed to complete successful change management.WHAT IS CHANGE MANAGEMENT?Change Management is a method or approach of changing or transitioning companies, people or groups of people with the aim of preparing them for a desired outcome in the future. This term is used mostly in the context of businesses or project management and in such a background, it can be referred to as a process in which changes are introduced and approved formally as far as the scope of the project is concerned. It is important to remember that change management is not a stand-alone process or solution for a business’s problem but is the collective change in tools, techniques as well as people for managing a business solution.For every organization’s constant improvement and performance upgradation, change management is a vital process. It is a continuous process improvement technique without which no successful organization has ever been able to move ahead. It can be understood as the application of a planned or structured process together with certain tools for bringing about a people side of change in order to get a desired result. Change does not take place in isolation and affects the entire company or organization. It not only impacts the organization as a whole, but each and every member associated with it.Change Management is a very broad field which is related to managing the changes in a particular field well. The approaches needed to bring about these changes may be different for different companies or projects running in those companies. To bring about change or to manage it, a company or an organization must focus on certain objectives and they include:Involvement of peopleSponsorship available or possible to achieveCommunication with peopleGaining buy-inReadiness to adapt the changes.RISKS OF NOT MANAGING CHANGE EFFECTIVELYIt is a fact that the projects that have top level change management effectiveness are about six times more likely to meet desired objectives or outcomes. By application of a structured framework of the method, change management increases the success probability of an organization. But on the other hand, if change is not managed effectively, it can lead to certain negative impacts or puts the company at a risk of certain things which are given as follows:Low morale: One of the first risks involved is that the deterioration in the morale of the company or people involved takes place, and this can have a serious impact on the company.Lower productivity: Another risk is the declination of the overall productivity of a business.Projects are overdue: Projects go past their deadlines in the case when change management is not applied effectively.Projects surpass budget: Also, projects go past their budget when the management of changes is not structured or p re-planned.Key people leave: Another risk involved with the improper application of change management is that important employees may quit the company, effecting productivity even further.Turmoil: In some cases, divides may also be created in the company due to this.Path of no return: Organization may also experience painful and failed changes that could be hard to bounce back from.Active resistance comes out as a result of improper application of change management.Passive resistance escalates as well.BENEFITS OF CHANGE MANAGEMENTNow you know what could go wrong with change management. Imagine you would execute your change management correctly, so you would be able to enjoy the following benefits: Alignment of existing resources One of the main benefits of change management is that it helps the alignment and combination of existing resources with the new resources. When a change management process is being held at an organization, there is no need to eliminate all the existing kno wledge base, resources etc. The key is to combine new resources with existing intelligence in order to run an effective change management plan. Only on doing this right and selecting the right combination can one truly make the most of the existing with the one on which investment is being made.Maintenance of everyday functions and operations It is true that every organization has to make certain sacrifices in order to reach a desired outcome, but the key is to implement or run the changes without letting them have a negative impact on the current operations. In order to achieve this, organizations must consider what the business and individuals need in order to adapt to the change readily and at the same time maintain the day-to-day operations smoothly. Thus, one of the benefits of effective change management is the maintenance of the day-to-day functions.Better opportunities for the future When a business or an organization along with its people is going through change managemen t, it has a bright opportunity to grow more and focus more on areas where improvements can be made. During the phase of transition, the best practices for growth can be identified and focused upon. Also, one tends to realize how to maintain these practices to lead to innovation. Thus, there emerges a huge scope to grow and taste success in the future.Lowering inefficiency and risk If you implement a change management process right now, then it will help you to lower down the risks for the future. It is about being prepared for the future and starting to adapt to the changes from now onwards. Not only does this reduces the risk but also reduces the inefficiency. When we create a plan keeping in mind the business as a whole as well as the people involved in it, we only reduce the chances of an unsuccessful attempt at transition. This way, we also reduce the time taken to implement those changes.Employee problem consideration When change management takes place, organizations need to consider the challenges being faced by their employees in order to adapt to the changes. What this does is that it makes companies more considerate towards problems of their employees and try to reduce them as much as possible. Thus by developing a change management plan, an organization can address the various concerns better and this also clears way for more communication. This in turn results in the employees feeling valued and important and may help to boost their morale.Reduction in costs Creating or developing a change management plan before time also offers the benefit of reducing the overall costs since being prepared in advance gives you the time to manage your budget in a much better way. The waste, the inefficiencies, etc. can be greatly reduced, thus reducing the overall costs. If the right individuals are involved in the process of change management, then this helps to avoid the situation of going over budget and further contributes to saving costs.Facing challenges ge ts easy Every organization faces certain challenges on the way to success but dealing with them can take both time as well as money. But a change management plan is usually made in such a way that it takes into account or consideration all the future challenges and roadblocks. When one is prepared for these roadblocks, he/she can face them easily and is more equipped to eliminate them and move forward. This means that no challenge stuns the organization or makes it difficult for it to handle them. This is another major benefit of an effective change management process.Boosts confidence In every organization, boosting the employees’ confidence or morale can be the most effective way to gain more productivity and hence more profits. When an effective change management plan is made and implemented, it makes the employees feel that the organization is taking out time to help them adapt to the changes, and this boosts their morale and confidence by a big factor. They feel that their efforts, needs, and wants are valued, and this makes them perform better. They get more involved in the process of change, and the end results are favorable to the organization.Improved ROI Besides cutting down on the overall costs and spendings, another benefit of change management is that it also leads to an increase in the return on investment or ROI as well. With the right process and a structured plan in place, an organization is more likely to see and experience improved profits. What happens is that when a company invests on changes, it prepares its people for the future a little ahead of time. This has a positive effect on them and results in better productivity and hence better ROI.THE PROCESS OF CHANGE MANAGEMENTThe process of managing change is a process that involves a series of activities or steps which a change management team has to follow in order to implement the changes to a certain project or desired outcome. This very process is not a time bound effort but is an ongoing endeavor towards continuous improvement and upgradation of the company’s policies, methodologies, and tools.PHASE 1: PreparationThe first phase of change management is preparing for change. This methodology by Prosci calls for getting ready to start managing the change and to know how much of change management would be needed to meet current goals or run the current project. This phase is related to having awareness of the situation and is highly effective for successful transition management. It involves certain steps which are given as follows:Defining change management strategy The first step of this phase involves defining the change management strategy for the project or desired outcome. This means that an organization must first figure out why it needs the change and how can change management help. Based on this, a strategy must be defined.Preparing the change management team Once the strategy has been defined, the next step is to bring together a team of people w ho will be implementing the change and running it. The team must be carefully selected and put together.Developing sponsorship model Every change management needs funds, and these funds have to be arranged through sponsors or financial aids. The next step involves developing a full-fledged and well worked out sponsorship mode to make managing of the change possible.PHASE 2: ManagementAfter preparing for change management, the next phase involves its management and administration. This phase includes the creation of plans and strategies to implement the change. These plans are clubbed with project activities, and some of these include sponsorship plan, communication plan, coaching plan, training plan as well as resistance management plan. It is a good idea to have a well-structured plan that is also excellently integrated with existing tools, resources and expertise. The following are the steps involved in this phase:Develop change management plan The first step is to come up with a proper model or plan on the basis of which the change will be introduced and implemented. The plan must take into consideration the budget, the people involved, the objectives desired and the time frame available.Take actions The next step involves the implementation of the plans made and taking actions on ideas that have been worked out. One must go step by step in implementing the strategy and ensure that each step is carefully taken.PHASE 3: ReinforcementThe third phase of the process of change management is one of the most important ones, yet the most undervalued. It is true that planning and implementation of change are highly important but if the action plans are not reinforced in the future course, then all the previous hard work can come falling down. The change must be sustained through efforts and corrective actions.Gather and evaluate feedback In order to take corrective actions, one must gather or collect feedbacks and then analyze them to see where they are going wr ong. Also, the areas where change is being managed effectively can also be figured out in order to sustain the positives.Diagnose problems The next step is to diagnose the various roadblocks, challenges and problems in order to manage the resistance and get past it.Execute actions Once gaps have been diagnosed, it is time to implement corrective actions. After execution of actions for reinforcement, the final step is to celebrate the success and appreciate the hard work done.5 STEPS TO SUCCESSFUL CHANGE MANAGEMENTAnother way to describe how you could go about your change management is shown below: 1.     Understand need for change: In order to bring about successful change, it is highly important to first acknowledge and understand the need for change. One must avoid fixing a problem as soon as he/she spots it and should rather take time to understand the root cause and then work out a plan to make improvements. The improvement plan must include people, the right resources, the ri ght tools as well as a structured approach. The complexity of the situation must be addressed in such a way that besides elimination of the issue, improvements in methodologies also takes place.2.     Communicate the need for change and involve people: Another way in which one can lead to successful change management is through effective and open communication of the need for change with the people or employees of the organization. The people working with you have the right to know and understand the situation so that they accept and be part of the change willingly. Some people who must be included in this are the beneficiaries, the employees, the stakeholders and the managers.3.     Create change strategies and plans: After proper communication about the need for change, the next step towards successful change management involves creating plans to achieve the objective in the most economical and effective way. This step involves several small measures such as deciding on performanc e measures, training workers for change, figuring out desired outcomes, dividing the process into mini goals and coming up with strategies that can benefit the organization as a whole.4.     Implement plans: To ensure success, the plans and strategies created must be executed smartly and in a way that doesn’t harm the people or business in the process. Implementation is what really matters and must be done in a structured way. Implementation of plans or execution of strategies must not just take place on a broad level but should be done at an individual level. It also involves observing how people are getting affected by the change and making sure that they get everything they want to adapt to it.5.     Analyze progress: When all the hard work is done and results have been achieved, it is time to analyze and evaluate the progress made. When a business figures out what is going well, it can begin to sustain the positives and eliminate the negatives. Only then can it be appreciative towards the efforts of others, thus boosting their moral and leading to improved productivity. It is important to celebrate success when success has been achieved effectively.So, what experiences did you make in your company related to change management? What went well? What could have been improved?