LAWAL, ABDULLAZEEZ A and ADEBAKIN, MORUFA and BAKO, YUSUF A (2014) THE EFFECT OF CHANGE MANAGEMENT ON ORGANISATIONAL SURVIVAL. International Journal of Advanced Studies In Business Strategies and Management (IJASBSM), 2 (1). pp. 93-108. ISSN 1741-8771
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Abstract
This paper focuses on the effect of change management on organizational survival. Change is always occurring in all aspect of the organization. The major objective of this study is to determine the challenges faced by organizations undergoing change. A survey of some banks quoted on the floor of the Nigeria Stock Exchange was undertaken. A six point likert scale was used in this study; Questionnaire was administered to 540 staff of 5 selected banks quoted on the Nigeria Stock Exchange. Stratified random sampling was adopted. Two hypotheses were tested using chi square test, with the aid of SPSS version 20. Findings suggest that change is a bitter pill that must be swallowed despite any form of challenges or huddles needed to be surmounted. Individual differences and the ability to accept or reject change contribute to change management. Organizational individual readiness level to change is significant to change management. Resistance to change should be expected and seen as part of changes management. However, adequate communication to all stakeholder or change agents is essential.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory H Social Sciences > HF Commerce |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Management |
| Depositing User: | Miss Ayomikun Ogunbadejo |
| Date Deposited: | 25 May 2020 19:44 |
| Last Modified: | 25 May 2020 19:44 |
| URI: | http://eprints.federalpolyilaro.edu.ng/id/eprint/192 |
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