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Learner Instructions 1
(Knowledge Assessment)
Submission details
Students Name
Student ID
Group
Assessor’s Name
Assessment Date/s
The assessment task is due on the date specified by your assessor. Any variations to
this arrangement must be approved in writing by your assessor.
Submit this document with any required evidence attached. See specifications below
for details.
Instructions
Specifications
1.1. Explain any four (4) events or trends in the external environment that
impact the achievement of organisational objectives in 30-60 words each.
1.2. How can trend analysis help in identifying changing trends and
opportunities in the workplace? Write your answer in 100-150 words.
Regularly reviewing the policies and procedures keeps the organization up to date
with the latest regulations and technology, as well as consistent with the industry's
best practices. Your policies are more consistent and effective, and they help
protect the organization, the employees, and the people you serve.
And if you're in a high-risk or highly-regulated industry, such as healthcare, public
safety, banking, or financial technology, you should be conducting regular policy
reviews anyway. However, it's a smart idea for every organization, regardless of
how regulated you are [ CITATION Pow20 \l 3081 ].
While the core elements of policies and procedures may stay the same the details
should change according to industry standards, organizational needs, or legal
requirements. In addition, policies should line up with the company’s mission,
vision, and values.
Importance of reviewing policies and procedures:
• Outdated policies put your organization at risk.
• Old policies may be non-compliant with new laws and regulations.
• Ensures your policies are consistent and effective.
• Regular review keeps your organization up to date with regulations,
technology, and industry best practices.
3.1. What is the cost-benefit analysis? What are the different costs involved in
cost-benefit analysis? Write your answer in 100-150 words.
3.2. Explain the following two (2) methods for conducting a cost-benefit
analysis for high priority change requirements and opportunities in 50-100
words each:
a) Return-on-investment analysis
b) Net present value.
a) Return-on-investment
Return on investment (ROI) is a financial metric that is widely used to measure the
probability of gaining a return from an investment. It is a ratio that compares the
gain or loss from an investment relative to its cost. It is as useful in evaluating the
potential return from a stand-alone investment as it is in comparing returns from
several investments.
In business analysis, ROI and other cash flow measures—such as internal rate of
return (IRR) and net present value (NPV)—are key metrics that are used to
evaluate and rank the attractiveness of a number of different investment
alternatives. Although ROI is a ratio, it is typically expressed as a percentage rather
than as a ratio.
b) Net Present Value
Net present value (NPV) is the difference between the present value of cash
inflows and the present value of cash outflows over a period of time. NPV is used
in capital budgeting and investment planning to analyze the profitability of a
projected investment or project. NPV is the result of calculations used to find
today’s value of a future stream of payments
4.2. Explain the following barriers to change and relevant mitigation strategies to
address them in 150-200 words each.
4.1 The following methods of conducting a risk analysis are explained below:
a) Fault Tree Analysis
Fault tree analysis (FTA) is a graphical tool to explore the causes of system level
failures. It uses Boolean logic to combine a series of lower-level events and it is
basically a top-down approach to identify the component level failures (basic event)
that cause the system level failure (top event) to occur. Fault tree analysis consists
of two elements “events” and “logic gates” which connect the events to identify the
cause of the top undesired event
4.2 The barriers to change and relevant mitigation strategies are explained
below:
a) Lack of employee involvement
5.2. Explain the key content of educational plans to address the staff
members’ training requirements for implementing the change in 70-120
words.
5.2 The key content of educational plans to address the staff members’ training
requirements for implementing the change are:
• It will be important to ensure that staff understand the new roles and have
the knowledge and tools to carry them out.
• Help reduce resistance to change by ensuring that staff understand the
reasons for change and agree that change is needed.
• To help staff accept the new bundle of practices fully, ensure that they
understand that those practices offer promising strategies for providing high-quality
care for patients.
• Identify and minimize practical barriers to using the new practices, such as
inadequate access to supplies.
• At all levels, engage staff to gain their support and buy-in to the
improvement effort and help tailor the practices in pressure ulcer prevention.
6.2. Explain the strategies for communicating and embedding change in 300-
350 words.
After the plan has been created, all that remains is to follow the steps outlined
within it to implement the required change. Whether that involves changes to the
company’s structure, strategy, systems, processes, employee behaviors, or other
aspects will depend on the specifics of the initiative.
During the implementation process, change managers must be focused on
empowering their employees to take the necessary steps to achieve the goals of
the initiative. They should also do their best to anticipate roadblocks and prevent,
remove, or mitigate them once identified.
Repeated communication of the organization’s vision is critical throughout the
implementation process to remind team members why change is being pursued.
• Embed Changes Within Company Culture and Practices
Once the change initiative has been completed, change managers must prevent a
reversion to the prior state or status quo. This is particularly important for
organizational change related to processes, workflows, culture, and strategies.
Without an adequate plan, employees may backslide into the “old way” of doing
things, particularly during the transitory period.
By embedding changes within the company’s culture and practices, it becomes
more difficult for backsliding to occur. New organizational structures, controls, and
reward systems should all be considered as tools to help change stick.
• Review Progress and Analyze Results
Just because a change initiative is complete doesn’t mean it was successful.
Conducting analysis and review, or a “project post mortem,” can help business
leaders understand whether a change initiative was a success, failure, or mixed
result. It can also offer valuable insights and lessons that can be leveraged in
future change efforts.
6.2 Strategies for communicating and embedding change are explained below:
• Communicate the Reasons—Openly and Honestly
Employees deserve your respect. Don’t try to protect them from what is going on
behind the scenes. If you want them to stay engaged, make sure they understand
why the change is warranted. A simple, direct and straightforward approach will
quell any suspicion that there’s an issue you are trying to hide. You are likely to
encourage gossip and rumors if you are not transparent, clear, and truthful. You
will know you are on the right track when employees understand why changes are
being made.
• Communicate the Changes from the Top Down
Significant change requires leadership’s commitment, involvement, and consistent
modeling. Employees expect to hear the current situation, complications, and
BSBLDR601 Learner Instructions 1
Version: 1.1
Implemented: 2nd July 2021
To be reviewed: 2nd July 2023
Responsibility: Operations Manager
RTO Code: 0249, CRICOS Provider Code: 03282E
© MVJ Enterprises Pty Ltd t/a Perth College of Beauty Therapy, YES College
BSBLDR601 Lead and manage organisational change
implications from leaders at the top first. The initial change announcement should
come to all employees from the CEO (ideally in person) and then cascade across
the organization in frank and two-way team discussions with directors, managers,
and supervisors. You will know you are on the right track when employees believe
leaders do a good job of informing employees of changes and believe that their
supervisor is an active supporter of changes that affect their team.
• Explain How the Change Will Affect Them
Employees want to know what the change will mean to them personally and
professionally. Will their role change? Will their performance be measured
differently? Will they have a new boss or team? Acknowledge that things will be
different and that you appreciate the effort it will take to adjust.
Because many employees will be anxious about the future, understand that there
will be an emotional component to their reaction to the change. Give them the good
news (the specific benefits for them) and bad news (if any). And, by all means,
thank them for their cooperation, patience and continuing allegiance to the
company.
• Detail the General Change Process
Give employees the step-by-step plan for what’s going to happen and when. The
more clearly, they know what to expect, the more comfortable they will be with the
process. Share what you know, what you do not know yet, and when you expect to
fill in the gaps.
• Get Specific about What They Need to Do
Once employees have the overall plan, they will want to know where they fit in and
what is expected from them. What actions must they take? This is where they need
to be on board with the change and commit to it. If there are some employees more
necessary for the change to be successful than others, you can try to target and
customize your communications to multipleaudiences.
• Give Employees a Chance to Digest the Information, Ask Questions
and Raise Concerns
This is the most critical step of all to keep employees engaged. Provide
opportunities for two-way communication where employees ask questions and get
answers. An anonymous survey can help, but we recommend face- to-face
meetings whenever possible. You will know you gather feedback and your
employees feel as though they're being asked for their input regarding changes
that affect their work.
7.2. How does the external environment factors impact change strategies?
Write your answer in 150-200 words.
9. How would you monitor and review the change management strategy that has
been implemented in an organisation? Explain in 50-100 words.
The final step in any planning process is to monitor and evaluate progress. The
same way as you check the signposts along a road when completing a journey, it is
similarly important to check that development is on track.
The management committee should use reports against its annual operational
plans to review progress towards meeting the strategic aims and objectives.
Therefore, they must ensure that whoever is doing the work is keeping appropriate
records so that progress can be assessed. This will involve, at the implementation
stage of your plan, being clear what systems and structures are required. The
things you decide to measure will give an indication of how well you’re doing,
hence, the name indicators or performance measures.
When reviewing progress towards achieving the strategic aims and objectives, the
Management Committee should:
• ensure that activities are kept within the parameters of the agreed strategic
aims and objectives;
• ensure that activities are consistent with organization’s vision, mission and
values;
• if the organization is a charity, use the information collected to show the
public benefit the charity is having; and
• keep under review internal and external changes which may require
adjustments to the organization’s strategy or affect their ability to achieve their
objectives