Question 4: Change Management and Management Styles

Change Management and Management Styles
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Change Management and Management Styles
In the modern business world, change is constant and the leaders who expect it and react in time and responsibly to change emerge to be successful. However, those who anticipate and engineer the future of their organizations are more successful because they engineer the game making them to be leaders in their industry. Other leaders are just followers who adapt to change by following what others have done while others do not emerge to be successful (Denison, Hooijberg, Lane, & Lief, 2012). Their organizations fail because they failed to welcome change like others. Since most of the organizations are ready to welcome change, change management models are still relevant in the current century. The problem with them is not with their relevancy in the modern world or their importance. The challenges facing them relate to the speed and complexity of change that is required in many organizations to respond to the needs of the customers. The paper will address the challenges and benefits of the theories and some of the changes that have occurred in them.
Over the years many theories have been proposed to guide leaders in leading managing change and their organizations. The two management styles that are relevant in the current century are servant leadership and transformational leadership styles. There are a variety of benefits and challenges that are worth noting about them. The goal of transformational leadership style is to have change as the same time inspiring others in the organization to embrace it. This empowers and motivates employees to give more in the organization helping change to take effect (Carter, Armenakis, Feild, & Mossholder, 2013). Despite the benefits of this model, it has challenges as well. Not all leaders or managers are willing to use this style and prefer using the classical style instead which uses the approach of "my way or the highway." Other leaders may not be aware of the transformational leadership approach hence need some educational orientation which may be costly to some organizations. Another challenge is that other leaders are not ready to change in order to help their organizations grow. This has multiple effects on the organizations; it hinders customer and profit growth. This may lead the organization to bankruptcy and have a high turnover rates.
Servant leadership is another model that is still relevant in the current era. Like transformational leadership, it has benefits and challenges as well. It has the same benefits as transformational leadership. It empowers, motivates and inspires the employees through the humility and service of the leaders (Van Dierendonck, Stam, Boersma, De Windt, & Alkema, 2014). Wh...