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BSB61015 Advanced Diploma Of Leadership And Management

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Part A – Cost-Benefit Analysis

Analysis for a change project that is being considered reveals that it will cost $70,000 to establish (in year 0), and that the recurring costs for the next 3 years will be $25,000 (in years 1, 2 & 3). There will be no benefits in year 0, but there will be $96,000 worth of benefits each year in years 1 through to 3. Using the formula above, calculate the payback period and the ROI. What is your recommendation?

Part B – Risk Analysis

They are also looking at expanding their operations in Asia as part of their growth strategy. You realised that in order to bring the company to reach new heights, the bank needs to make changes to their organisational culture.

  1. How are you going to introduce cultural change in the entire organisation?
  2. What are the risks of introducing a cultural change in a bureaucratic authoritarian culture and a highly unionised workforce? For example, if the change will require retrenchment, what are the risks involve? What are the barriers to change?
  3. Perform a risk assessment for all the risks you identify including your recommended mitigation strategies. Use risk analysis forms similar to the one you used in Session 4.

Part C – Case Study

  1. Identify change requirements/opportunities at APM
  2. Develop strategic objectives in the areas of recruitment and selection, training and development, and remuneration and benefits
  3. Identify the major stakeholder’s concern and potential problems that might hinder the implementation of your new change strategy. Suggest possible ways to overcome these challenges
  4. Develop a change management project plan for the implementation of your proposed change management strategy. Your plan should include the following elements:


Resources (people, equipment, and material needed)

methodology for change program



  1. Develop communication/education plan to promote the benefits of the change to the organisation, to minimise loss and to enable people to accept change positively, then prepare a report
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