Implementing Organizational Change Management Essay

The Stakeholder Approach
Student's Name
Institution
The Stakeholder Approach
The stakeholder approach can be integral in implementing organizational change. According to Peltokorpi et al. (2008), the stakeholder theory by Edward Freeman can be applied in the context of organizational change. According to the authors, the theory offers an interesting view in managing organizational change because a successful change relies significantly on different stakeholder groups' resources and support. Therefore, given this understanding, the different stakeholders are integral to organizational change. In this case, a stakeholder in organizational change can refer to any person or group that can influence or be influenced by a change initiative.
Stakeholders can thus influence a change initiative in an organization either by failing to provide the resources required for change or influencing management decisions. One of the stakeholder approaches' ke...