Final answer:
The step by step process of change initiative includes formulation, execution, and sustaining implementation. Formulation involves planning and goal setting, execution involves implementing the changes, and sustaining implementation involves monitoring and adjusting for long-term success.
Step-by-step explanation:
Analyze the step by step process of change initiative, formulation, execution and sustaining the implementation in any sector of your choice towards in order to improve the organization efficiency in terms of productivity and performance.
- Formulation: This is the initial phase where the organization identifies the need for change and develops a plan or strategy to address it. This involves gathering data, analyzing the current state of the organization, setting goals, and creating a roadmap for change.
- Execution: In this phase, the organization implements the planned changes. This may involve restructuring processes or systems, introducing new technologies, or adopting new practices. It's important to communicate and engage with stakeholders during this phase to ensure smooth implementation.
- Sustaining Implementation: Once the changes have been implemented, it is crucial to sustain and monitor their effectiveness. This involves evaluating the outcomes, collecting feedback from stakeholders, and making necessary adjustments to ensure long-term success. It's important to establish performance metrics and regularly review progress to maintain efficiency and productivity.