Creating Sustainable Change – How to create and sustain change?
February 12, 2025
A reinsurance contract is essentially a contract between a ceding insurance company as well as a reinsurance company. Under plain vanilla reinsurance contracts, the premiums, as well as risks, are transferred proportionately from the ceding insurer to the reinsurance company. In some cases, this arrangement is not acceptable to one or both of the parties. […]
It has been indisputable for quite some time that leaders ought to be coaches. They have to practice a management style which enables people to realize their true potential and optimize their capabilities. There have been several approaches to coaching and mentoring however the often-encountered impediment is the consistency of the process. This aspect becomes […]
The public enterprises came into existence as a result of the expanding scope of public administration. The advent of the concept of welfare state after the Second World War and the increasing developmental initiative undertaken by Government across the world, the system of public enterprises was developed. The government sells goods and services to the […]
The transactional style of leadership was first described by Max Weber in 1947 and then by Bernard Bass in 1981. This style is most often used by the managers. It focuses on the basic management process of controlling, organizing, and short-term planning. The famous examples of leaders who have used transactional technique include McCarthy and […]
Insurance is a tool which helps individuals protect themselves and diversify their risks. The concept of insurance is based on the fact that the risks will only affect certain individuals during a given period of time. Hence, if money is pooled by all individuals and paid out to a few, the risk can be mitigated. […]
Action Research is a useful method for facilitating organizational change by collaborating and involving the client in the entire process of diagnostic, problem identification, experiential learning, and problem-solving process.
The entire process of action research is action oriented with the objective of making the change happen successfully. The process equally involves experimentation with the various frameworks in practical situation and application of various theories in various contexts which require change.
In other words, the process of Action Research requires three distinctive stages which are consistent with the Lewin’s Model which describes the three stages of change.
The most commonly used model of action research which is used in the contemporary scenario is Warner Burke’s 7 Step Action Research Model. These 7 steps are Stage of Entry, Contracting, Data Collection, Providing Feedback, Strategic Planning, Planning & Designing Interventions and Evaluating the success of Interventions.
They involve the top management professionals as well as the stakeholders in the process, as without their consent and involvement the objectives of change implementation cannot be achieved.
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