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VICBusiness ManagementQuick questions
Unit 4: Transforming a business
Quick questions on Low-risk and high-risk change strategies (VCE Business Management Unit 4)
5short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What are the spectrum of change strategies?Show answer
Change strategies sit on a spectrum from highly participative (low-risk) to highly directive (high-risk). The terms are about the risk to the employees and the business, not about the financial risk of the change itself.
What are low-risk change strategies?Show answer
Low-risk strategies use consultation, communication, training, support and incentives to bring employees along. The approach emphasises participation and the explicit management of restraining forces in Lewin's framework.
What are high-risk change strategies?Show answer
High-risk strategies use mandate, force, restructure and sanction to drive change quickly. The approach emphasises management authority and the override of restraining forces.
What are combining the approaches?Show answer
Most real changes combine low-risk and high-risk elements deliberately. A common pattern:
What is plan?Show answer
Diagnose the context, recommend a combination of high-risk and low-risk elements, justify the balance.
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