Managing changes in a business organisation.

TOZZIBLINKZ

VIP Contributor
As Time passes in a business organisation, some things that were actually there basically not turn out to be there anymore. In essence we call that change. And is definitely the due to your responsibility of the business owner of the business manager to efficiently and effectively manage change in a business organisation. Two main factors that can definitely bring about change in a business organisation include the government policy and environmental factors. Whatever the case maybe, the managers and operators of the business organisation must definitely understand these two category of change and most always and endeavour to make good use of criterias and factors to solve this rising change problem that might possibly make the business organisation to suffer in one way or the other. Below are some of the ways in which business managers and owners can be successfully manage change in the business organisation:

CREATE A CLEAR VISION AND COMMUNICATE IT: Develop a clear vision of what you want to achieve through the change and communicate it to everyone in the organization. This will help create a shared understanding and sense of purpose.

PLAN THE CHANGE PROCESS: Develop a detailed plan of the change process, including timelines, milestones, and resources needed. This will help you stay on track and ensure that all necessary steps are taken.

BUILD A CULTURE OF OPENNESS AND FLEXIBILITY: Encourage a culture of openness and flexibility, where ideas and feedback are welcomed and acted upon. This will help create a sense of ownership and commitment among employees.

PROVIDE TRAINING AND SUPPORT: Provide training and support to employees who will be impacted by the change. This will help them adapt to the new ways of working and minimize disruption.
 
Thanks for your analysis, it is also important to state it clearly that whatever vision , process and culture we put in place. we must make sure we plan solidly for tax management in our business.

Here are some few tips about benefit of effective tax management in business.

Benefits of effective tax management to the businesses.
• Increased profitability • Improved cash flow and liquidity • Reduced tax liability • Improved competitiveness in the market • Better management of resources • Improved compliance with tax laws and regulations • Increased transparency and accountability • Improved brand reputation and image • Better decision-making and strategic planning • Increased efficiency and productivity
 
The management of change in a business organisation is certain, and the reason is because from time to time things that were existing in the business organisation of may turn out not to be there and we need to understand that things might change for the better or things might also change for the worst and it is your duty as a business owner or the business manager to be able to manage changes that might occur within and outside the business organisation. And the two category of change could be environmental change or change affected by the business organisation but caused by the government. For example in a situation where the economy in which a particular business organisation is established is threatened by inflation, the business organisation may absolutely face a whole lot of effect for example they may begin to cut down costs in which they have been using to carry out business properties and activities. However to efficiently I move on with your business of the day they may have to respond to these changes.
 
It is definitely true that from time to time changes in a business organisation may be visible seen. And it is very much important for business managers and business owners to understand what exactly is this changes and also give them the reasonable response if they should be responded to. It is also important that business owners and business managers understand that in most situations a change in the business environment can absolutely impact the business organisation negatively that is why it is important for business managers and business owners to differentiate what exactly is a positive change or a negative change or in other words they should be able to identify when a change can affect the business negatively or the business positively.

Two main category of change are changes that are caused by man-made activities such as the human environment and changes caused by the government. For example a governmental change could be a rise in inflation and as we already know inflation affects not only private individuals but also businesses and this indeed is a negative change that can distort and disrupts the ability and possibility for a business to make
 
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