ATAR Notes: Forum

VCE Stuff => VCE Business Studies => VCE Subjects + Help => VCE Business Management => Topic started by: Albeno69 on October 01, 2010, 02:31:46 pm

Title: stupid question????
Post by: Albeno69 on October 01, 2010, 02:31:46 pm
i know this is a silly question but with kotters theory i cant see to identify the different between consolidate and Institutionalise.
thanks
Title: Re: stupid question????
Post by: _avO on October 01, 2010, 03:23:17 pm
Consolidate improvements is identifying the successes (what went right) and the areas of which can be improved and hence taking corrective action.

Institutionalise new behaviour / culture is embedding the changes into the culture which is the values behind the daily operations of a business. It is incorporating the changes into the company's vision, mission and objectives
Title: Re: stupid question????
Post by: Albeno69 on October 01, 2010, 03:24:45 pm
Consolidate improvements is identifying the successes (what went right) and the areas of which can be improved and hence taking corrective action.

Institutionalise new behaviour / culture is embedding the changes into the culture which is the values behind the daily operations of a business. It is incorporating the changes into the company's vision, mission and objectives
thanks
Title: Re: stupid question????
Post by: sajib_mostofa on October 01, 2010, 05:37:33 pm
What does it mean to create short term wins in kotters theory?
Title: Re: stupid question????
Post by: Albeno69 on October 02, 2010, 10:45:24 am
By creating short term wins, you highlight the benefits of the change which can lead to less resistance and higher morale. Short term wins can be celebrating small improvements possible due to the change.
is that part of the recognize and reward step of kotters theory?
Title: Re: stupid question????
Post by: Aqualim on October 02, 2010, 11:50:36 am
By creating short term wins, you highlight the benefits of the change which can lead to less resistance and higher morale. Short term wins can be celebrating small improvements possible due to the change.
is that part of the recognize and reward step of kotters theory?
Yes.
Short-term wins is where the manager will build-in checkpoints to manage progess i.e. KPI's and then once these goals have been met, they can be used to help motivate and reward staff for undertaking the change process. e.g. Due to the fact that suppliers from K-mart accepted the takeover by Wesfarmers, they were rewarded by receiving bonuses from the increase in Net Profit they generated during that calender year

Probably not the best example, but it gives you an idea of what I'm getting at.
Also has anyone found that when they are writing the Kotters eight step change theory, it ends up being as big as an English essay i.e. ~600 words
Title: Re: stupid question????
Post by: _avO on October 02, 2010, 12:00:45 pm
Not that much, but you should aim for 1 mark = 40 words coz thats basically how much space they give you on the exam
Title: Re: stupid question????
Post by: Albeno69 on October 02, 2010, 12:13:19 pm
By creating short term wins, you highlight the benefits of the change which can lead to less resistance and higher morale. Short term wins can be celebrating small improvements possible due to the change.
is that part of the recognize and reward step of kotters theory?
Yes.
Short-term wins is where the manager will build-in checkpoints to manage progess i.e. KPI's and then once these goals have been met, they can be used to help motivate and reward staff for undertaking the change process. e.g. Due to the fact that suppliers from K-mart accepted the takeover by Wesfarmers, they were rewarded by receiving bonuses from the increase in Net Profit they generated during that calender year

Probably not the best example, but it gives you an idea of what I'm getting at.
Also has anyone found that when they are writing the Kotters eight step change theory, it ends up being as big as an English essay i.e. ~600 words
im guessing it will be an 8or10 mark question.
i sorta aswell want to write one before i go in to the exam.that it ill most likely be a 10 and 8 mark question answer so i have some idea/plan of what to write.
Title: Re: stupid question????
Post by: sajib_mostofa on October 02, 2010, 10:06:57 pm
Not that much, but you should aim for 1 mark = 40 words coz thats basically how much space they give you on the exam

They always leave spare lines at the back of the paper if you need more room anyway.