Explain how stakeholders with high interest and high power can influence change strategies, and how they should be managed to minimise risk to the change process
Answer: The stakeholders plays major role in change strategies. The stakeholders provide funding as well as practical support to the change strategies. The stakeholders could identify the risk and enables the risk management in change strategies. These could be the positive outcomes when it comes to implementing the change strategies. The stakeholders minimizes risk to the change process as it improvise the acceptance of the change my directly indulging in methods which can increase the positive outcomes.
Explain how stakeholders with high interest and high power can influence change strategies, and how they...
How can the stakeholders change over the course of a project? Give examples of changes in who the stakeholders are, and also in how their interests or influence over the project might change throughout the term of the project.
Explain how organizational behaviour can affect change strategies.
Why would groups’ or individuals’ interest in and power to influence an organization determine whether they are key stakeholders? What other factors might be considered?
Project: Building an addition to your home post three stakeholders that the project manager should consider in the stakeholder analysis of this project. For the stakeholders, rank each in terms of power (to influence the project) as well as interest (interest in the outcome of the project). Briefly explain the rationale for your choices.
Within our health care system there are a number of stakeholders that influence the health care policy development process and ultimately help shape our health care policies. Government (primarily federal and state governments) and interest groups like the American Medical Association, AARP, and the Henry J. Kaiser Family Foundation can have a direct impact on the outcome on the type of health care we receive. Patients (the largest consumers of health care) are stakeholders in the health care system, and...
Explain why some interest groups have greater power or influence than others: what sorts of resources make them more effective? Describe the differences between institutional interest groups and promotional interest groups.
(a) Briefly outline how a change in the following factors can influence the price of both call and put options: Interest Rates Exercise price of the option Volatility of the underlying asset Please support your answer with an illustrative example.
ty What is the difference between power and influence? a) Power comes from leadership but influence comes from persuasion b) Power comes from someone needing something from you and influence co comes from 8) someone wanting to do what you want them to do Influence is based on control but power is based on generating energy and e c) Why would it be more desirable for a manager to use influence than power? a) Because d Inflence depends on a...
2. a. (15pt) Explain why and how a high voltage device (such as a power transformer) can be influenced by a lightning overvoltage b. (10pt) Wbich of the following is more harmful to a power transformer. i) A full lightning impulse voltage i) A chopped lightning impulse voltage. Explain. 2. a. (15pt) Explain why and how a high voltage device (such as a power transformer) can be influenced by a lightning overvoltage b. (10pt) Wbich of the following is more...
identify the major external forces for change and explain how the external environment can impact on change strategies