Question Tag: Change Management

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CIBGH – POM 2020 – L1 – Q2 – Change Management in Universal Banks

In contemporary times, universal banks must embrace change management to enhance resilience and agility; discuss strategies a named bank can follow for successful change processes and outcomes.

In contemporary times, universal banks must embrace change management to enhance their capacity towards resilience and agility. Discuss strategies that a named bank can follow to bring desired change process and outcomes successfully?

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CIBG – POM JUL 2020 – L1 – Q2 – Change Management in Universal Banks

Discuss strategies a named bank can follow for successful change management to build resilience and agility.

In contemporary times, universal banks must embrace change management to enhance their capacity towards resilience and agility. Discuss strategies that a named bank can follow to bring desired change process and outcomes successfully?

[Total Marks: 25].

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MP – JUL 2020 – L2 – Q2 – Managing Change in Banks

Discussion on the inevitability of change in banks, the role of political power in managing it, reasons for employee resistance, and suggested solutions.

A. Change is inevitable in any bank but has to be managed if the manager has political power to make it happen. Discuss this statement?

B. Discuss five (5) reasons why employees resist change in banks and suggest solutions?

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POM – APR 2023 – L1 – Q4 – Organizational Change Management

Explain organizational change management to a rural bank's senior team, discuss reasons for resistance in an insurance company, and state strategies to minimize resistance.

Organizational change management is inevitable in any corporate entity of the country.                                                                                                                                                                            (a) Briefly explain organizational change management to senior management team of a rural bank.                                                                                                                                                               (b) Discuss five (5) reasons why an insurance company may resist organizational change management?                                                                                                                                                      (c) State five (5) strategies that can be employed to minimize resistance to organizational change management efforts?

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MP – APR 2023 – L2 – Q2 – Organizational Change Management in Credit Unions

Discuss deploying organizational change for repositioning a Credit Union and reasons managers resist change in banks with solutions.

A. Discuss how organizational change management can be deployed by the Board of Directors to strategically re-position a Credit Union in the financial landscape of Ghana?

B. Explain five (5) reasons why managers resist organizational change management in banks and suggest solutions? [10 Marks] [Total Marks: 20]

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BSIM – APR 2023 – L3 – Q7 – Change Management in Core Banking Implementation

Discuss risks of lacking change management in core banking implementation and minimization measures.

You have been invited to an interview for a managerial position at your bank. If you are successful, you will be responsible for championing the implementation of a new core banking system. A member of the interview panel has asked you to demonstrate your appreciation of change management. You are required to discuss the risks associated with a lack of effective change management during the implementation of the core banking systems, and the measures which must be implemented to minimise the risks.

[20 Marks]

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BSIM – APR 2023 – L3 – Q7 – Change Management in Core Banking Implementation

Discuss risks of lacking effective change management in core banking implementation and measures to minimize them.

You have been invited to an interview for a managerial position at your bank. If you are successful, you will be responsible for championing the implementation of a new core banking system. A member of the interview panel has asked you to demonstrate your appreciation of change management. You are required to discuss the risks associated with a lack of effective change management during the implementation of the core banking systems, and the measures which must be implemented to minimise the risks.

[20 Marks]

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POM – APR 2024 – L1 – Q2 – Sources and Models of Organizational Change

Identify external and internal forces of change with examples, and explain change models for effective management.

Organizations experience various types of change that are required for them to be effectively managed. Sources of Organizational Change comprises of both external and internal factors.

a. State three (3) forces of change that occur outside the organization and three (3) forces of change that occur within the organization and give one example in each situation. (15 Marks)

b. State and explain the Change Models that bring about effective Change Management. (10 Marks)

(Total Marks-25)

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SCS – Mar 2025 – L3 – Q2 – Change Management

Explain leadership's role in change management and three of Kanter's skills for AML's diversification strategy.

a) Akosa Minerals Limited (AML) has undergone significant transformations in its operations, particularly with the integration of lithium extraction into its core business. This shift has presented both opportunities and challenges, including regulatory compliance, technological advancements and stakeholder management. Successfully navigating these changes requires effective leadership and change management.

Rosabeth Moss Kanter suggests that managers in change-adept organisations must possess key skills to drive transformation effectively. As AML continues its diversification efforts, the company’s leadership must demonstrate these skills to sustain growth and maintain a competitive edge.

Required:

Identify and explain the critical role of leadership in managing change and THREE out of five key change management skills suggested by Kanter that AML’s leadership should exhibit to effectively manage its diversification and growth strategies.

b) Akosa Minerals Limited (AML) recently engaged a risk consultant from Isodek Consultants to conduct a comprehensive risk assessment and provide recommendations on managing the transformational changes the company is undergoing. The consultant’s report highlights key risks and challenges related to AML’s diversification strategy, operational restructuring, stakeholder engagement and compliance with global sustainability standards.

To navigate these challenges effectively, AML’s leadership needs to apply the Gemini Consultants’ 4Rs model which provides a structured framework for managing large-scale organisational change.

Required:

Using the Gemini Consultants’ 4Rs model, discuss how each component can be applied to address the operational and environmental risks identified in the consultant’s report.

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AAA – Nov 2011 – L3 – SA – Q12 – Audit of IT Systems and Data Analytics

Identifies the appropriate method for transitioning from a manual to a computer-based accounting system.

The method most appropriate for a company to change from a manual-based system to a computer-based accounting system is:

  • A. Direct change over
  • B. Parallel change over
  • C. Vertical change over
  • D. Phased change over
  • E. Pilot change over

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CIBGH – POM 2020 – L1 – Q2 – Change Management in Universal Banks

In contemporary times, universal banks must embrace change management to enhance resilience and agility; discuss strategies a named bank can follow for successful change processes and outcomes.

In contemporary times, universal banks must embrace change management to enhance their capacity towards resilience and agility. Discuss strategies that a named bank can follow to bring desired change process and outcomes successfully?

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CIBG – POM JUL 2020 – L1 – Q2 – Change Management in Universal Banks

Discuss strategies a named bank can follow for successful change management to build resilience and agility.

In contemporary times, universal banks must embrace change management to enhance their capacity towards resilience and agility. Discuss strategies that a named bank can follow to bring desired change process and outcomes successfully?

[Total Marks: 25].

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MP – JUL 2020 – L2 – Q2 – Managing Change in Banks

Discussion on the inevitability of change in banks, the role of political power in managing it, reasons for employee resistance, and suggested solutions.

A. Change is inevitable in any bank but has to be managed if the manager has political power to make it happen. Discuss this statement?

B. Discuss five (5) reasons why employees resist change in banks and suggest solutions?

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POM – APR 2023 – L1 – Q4 – Organizational Change Management

Explain organizational change management to a rural bank's senior team, discuss reasons for resistance in an insurance company, and state strategies to minimize resistance.

Organizational change management is inevitable in any corporate entity of the country.                                                                                                                                                                            (a) Briefly explain organizational change management to senior management team of a rural bank.                                                                                                                                                               (b) Discuss five (5) reasons why an insurance company may resist organizational change management?                                                                                                                                                      (c) State five (5) strategies that can be employed to minimize resistance to organizational change management efforts?

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MP – APR 2023 – L2 – Q2 – Organizational Change Management in Credit Unions

Discuss deploying organizational change for repositioning a Credit Union and reasons managers resist change in banks with solutions.

A. Discuss how organizational change management can be deployed by the Board of Directors to strategically re-position a Credit Union in the financial landscape of Ghana?

B. Explain five (5) reasons why managers resist organizational change management in banks and suggest solutions? [10 Marks] [Total Marks: 20]

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BSIM – APR 2023 – L3 – Q7 – Change Management in Core Banking Implementation

Discuss risks of lacking change management in core banking implementation and minimization measures.

You have been invited to an interview for a managerial position at your bank. If you are successful, you will be responsible for championing the implementation of a new core banking system. A member of the interview panel has asked you to demonstrate your appreciation of change management. You are required to discuss the risks associated with a lack of effective change management during the implementation of the core banking systems, and the measures which must be implemented to minimise the risks.

[20 Marks]

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BSIM – APR 2023 – L3 – Q7 – Change Management in Core Banking Implementation

Discuss risks of lacking effective change management in core banking implementation and measures to minimize them.

You have been invited to an interview for a managerial position at your bank. If you are successful, you will be responsible for championing the implementation of a new core banking system. A member of the interview panel has asked you to demonstrate your appreciation of change management. You are required to discuss the risks associated with a lack of effective change management during the implementation of the core banking systems, and the measures which must be implemented to minimise the risks.

[20 Marks]

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POM – APR 2024 – L1 – Q2 – Sources and Models of Organizational Change

Identify external and internal forces of change with examples, and explain change models for effective management.

Organizations experience various types of change that are required for them to be effectively managed. Sources of Organizational Change comprises of both external and internal factors.

a. State three (3) forces of change that occur outside the organization and three (3) forces of change that occur within the organization and give one example in each situation. (15 Marks)

b. State and explain the Change Models that bring about effective Change Management. (10 Marks)

(Total Marks-25)

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SCS – Mar 2025 – L3 – Q2 – Change Management

Explain leadership's role in change management and three of Kanter's skills for AML's diversification strategy.

a) Akosa Minerals Limited (AML) has undergone significant transformations in its operations, particularly with the integration of lithium extraction into its core business. This shift has presented both opportunities and challenges, including regulatory compliance, technological advancements and stakeholder management. Successfully navigating these changes requires effective leadership and change management.

Rosabeth Moss Kanter suggests that managers in change-adept organisations must possess key skills to drive transformation effectively. As AML continues its diversification efforts, the company’s leadership must demonstrate these skills to sustain growth and maintain a competitive edge.

Required:

Identify and explain the critical role of leadership in managing change and THREE out of five key change management skills suggested by Kanter that AML’s leadership should exhibit to effectively manage its diversification and growth strategies.

b) Akosa Minerals Limited (AML) recently engaged a risk consultant from Isodek Consultants to conduct a comprehensive risk assessment and provide recommendations on managing the transformational changes the company is undergoing. The consultant’s report highlights key risks and challenges related to AML’s diversification strategy, operational restructuring, stakeholder engagement and compliance with global sustainability standards.

To navigate these challenges effectively, AML’s leadership needs to apply the Gemini Consultants’ 4Rs model which provides a structured framework for managing large-scale organisational change.

Required:

Using the Gemini Consultants’ 4Rs model, discuss how each component can be applied to address the operational and environmental risks identified in the consultant’s report.

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AAA – Nov 2011 – L3 – SA – Q12 – Audit of IT Systems and Data Analytics

Identifies the appropriate method for transitioning from a manual to a computer-based accounting system.

The method most appropriate for a company to change from a manual-based system to a computer-based accounting system is:

  • A. Direct change over
  • B. Parallel change over
  • C. Vertical change over
  • D. Phased change over
  • E. Pilot change over

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