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why do organization perform Change Initiative in order to fix precieved issues with in organizations?

why do organization perform Change Initiative in order to fix precieved issues with in organizations?

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The way of doing business has changed a lot from what it was few years back and today in order to be successful organizations need to be appropriate and effective in their approach. The margin of error for organizations are very less and hence they cannot afford to make mistakes or miss an opportunity as well. Any persisting issue in the organization that is perceived by any of stakeholders need to be addressed and take care by the organization and hence change initiatives are taken up because a lot of factors are involved like impact analysis, budget estimation, project scope, etc. Change initiative will provide a detailed explanation and summary of the same and help resolve the issue too.

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