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Question: Discuss About The Discussion Perspective Of Change Management? Answer: Introduction: The success of a company or a business organization depends on a large number of aspects. These aspects will cover a wide number of issues which would not cover the operation management of the business. In this context, we can cite the example of ANZ as provided in the case study. Referring to the case study, it can be found that the consideration of the core operations of any company fetches secondary consideration of importance. There are a large number of other things which is responsible for the success of a company. The actual business genre of the company would appear to be of lesser important aspect which must be given any attention for achieving its due success and stability. It seems that the other facets of the company like the organization culture, the intern al hierarchy system and the working culture are more important attributes which must be treated with eminence. These are the aspects that can help the company to bring success in the long run(Aihi, 2011). This is what has been cited in the case study of ANZ, one of the most reputed and important financial companies of the country. The main topic deals with the aspect of change management. The case cleanly refers to the various organizational changes that have been brought into the institution of ANZ which helped the company to bring success to the employees and the management of the company. The current discussion will be evaluative analysis of the case study of ANZ and we will take a look at the various aspects and the attributes that have been exhibited by the example of the ANZ as per case study(Sohail, 2011). About the Case Study: The case study illustrates the narration of the premier financial organization of Australia and New Zealand ANZ. This is a banking institution which is one of the most famous names of the modern times. This is an institution which has seen the tough times of the world economic crisis(Anz, 2016). Like most of its other peers who had fallen as victim to the harsh situation, ANZ has been an institution which had performed well for itself and its stakeholders, even in the most trying times. The case study clearly reveals the fact that ANZ, being one of the premier financial institutions of the modern era, is a company which managed to make profit even during the period of the economic crunch which had hit the entire world by the end of 2009(Brooks Cubero, 2012). In this context, it is observed that this case study has considered the history of the firm named ANZ. A look into the past of the institution has happened to reveal the fact that ANZ, although, is one of the most successful ba nks of the current times, had not similar track record, in the earlier years. This is the same institution which was happened to be plagued by a large number of problems. The internal systems of the bank were alarming with its internal problems and the effect of the same could be seen on the entire business and its various prospects. The situation revealed that soon the management of the bank brought some changes in its management and the leadership quality. With the introduction of the new CEO into the company, a major change has been initiated within the internal tiers of the company(Colombo, 2014). The case study is, in fact, a fine record of the changes which had been brought into the bank of ANZ. The various benefits which were found into the bank soon after the changes made us overlook the various strategies and the plans which had been used for change management. The case study clearly reveals the fact that the company culture and the organizational internal settings are some of the most important aspects which can bring the success for any company. However the entire agenda is not as simple as that. In fact in this context, we observe that a large number of considerations are there. Each one of them happens to be very important and requires a careful attention. To mention a few to make a company successful, the employees of the company must receive the right amount of training and must also be provided with proper leadership quality. Bureaucracy is one of the things which must be avoided for better sustainable result. This is one of the features which can make negative imp act on the culture of the company with the psyche of the employees. The leaders and the general employees both are very important for the company, Hence a proper guidance to the employees is required which could be done through regular guidance. This also attracts regular process of performance appraisal. Again the aspect of the corporate social responsibility agendas happens to be very important for any company. This is one of the best ways through which the acceptance of the brand could be improved in the market. The cases study of ANZ is a great example which clearly indicates at the fact that for continued success of any company, there are large numbers of things which must be considered for(Pressreader, 2009). Findings: The case study of ANZ is one which provides us with a great insight into the modern successful corporate entities. At first glance, we see that each of the corporate or the commercial organizations happens to be focusing on a single stream of business. This could be a business of manufacturing of products or services as core area of operation. In both the context, we will feel that the success of the brand will depend on the fact of how the business can be carried out with their core business and how well can they develop their core competency. However a closer look at the case study of ANZ has proven this concept as wrong. It can be said from the given case study that the element of the central business of the company is one of the lesser important aspects that can bring company success in the modern times. There is a huge collection of aspects which must be borne in mind when any organization has to attain success. Again it has been observed that change is one of the most important aspects which must be brought out in a company if the company has to sustain the competition of the market and the market competition for longer duration. Change is an aspect which must come in the attitude of the company its people, the management, the supplier and the employees. An element of change can bring certain freshness in a company. In fact, as experts have provided that a good and developing company or organization will be one that would be constantly evaluating it in order to ensure that it can come up with better ideas for the future. This is probably the only way which a company can follow to be evolving and growing at all points of time. This is the only way that a company can bring constant development which is so important for the companies of the recent period in order to prove sustainability in the competitive market. The present case study of ANZ is an eye opener. The case analyses many considerations which are to be considered by the management and also the employees of the company. The idea of being good at the core competencies of the company as satisfactory is wrong in this aspect. In the current scenario, it is observed that the element of the overall company ambience and working for the improvement of the work culture with the internal infrastructure of the company happens to be much more important. The employees of the company must be treated with a lot of care and concern. The employees must be involved in the various operational process of the company and they must be taught to take more responsibilities. In this context, it is also observed that the leaders of the company can play a vey important role. The need of the situation is to train the common employees along with the enhanced level of training for the leaders and the managers for better deliverance of their assigned jobs. After all it is the leaders and the managers of the company who are responsible for motivating and guiding general employees of the organization, hence the leaders and the managers of the company happen to be more important. The employees are also very important and so is the process of their constant review. The process of performance appraisal can be instrumental to improve the motivation and the focus of the employees. All these efforts are put together to contribute for improved operations and functionality of the employees of the company. This is a feature that happens to be very important for the success of the company. Again we see that the external image of the company can be very important. Change in the image of the company can also be brought through the various public agendas and corporate social activities. These are the programs which can make a company more acceptable to the community. All these points come together to improve the business prospects of the company as was founding the context of the ANZ. Recommendations: An analysis of the considered case study reveals the fact that a change of the CEO of the company led to a large number of changes within the bank which had covered almost all the aspects of the bank. This was a change which had brought expected level of required benefits for the bank considering overall situation and it also prevailed that the various changes which have been brought in the ANZ bank had helped the bank to revive the spirit and the culture of business operations and functions of the bank. The resultant impact of all these changes had been reflected in the improvement of business figures of the company. However in the present status of the bank some recommendations are made which would help the bank towards proving their sustainability of business in long run to combat the competition in the market and to have stable position with gradual growth of the business of the company through implementations. Improved recruitment: In this context it could be added that the improvement of the company would always depend on the employees of the company, it is evident from the practice of HR management that the company would be able to take up an improved structure of recruitment. This structure would ensure that the process of level of checking and evaluation of the profiles is to be done in a much more astute manner and yet again the recruitments are to be done on the basis of calibre and ability to handle the job efficiently. Improved Retention: Retention is a feature which goes side by side with the operation of recruitment. In this context, it is observed from the standard practice of HR management that the employees of the company who were trained in their jobs and were working with the company for a long period are the real assets of the company. These are the employees who must be treated in a proper and a respectful manner as they are building the core team of the company. This recommendation is made for giving priority to the retention policy of the employees of the bank with proper appraisal followed by suitable compensation for betterment of the company. Better Change management teams: The management of the companies like the financial institution of ANZ must appoint all the effective changes in management teams. The core responsibility of these teams would be to analyse the existing position and the situation of the company. They should then go for a gap analysis with the most desirable situation of the company. The difference that would be arrived at will be the improvement or the changes which are needed to be brought in the company, However this cannot be an over night phenomenon. Again it is the responsibility of the management and also the HR teams of the company in order to ensure that the employees could be able to clearly find the benefits and the advantages that they could reap due to the changes. Hence the basic idea of the change and the advantages of that could be considered for discussion with the team. Clearer Communications: Communications happens to be the most essential criterion for any company. Hence the aspect of clear communications happens to be quite indispensable. This is something which can improve the relationship between the employees and the employers by cultivating suitable option to facilitate communicative clarity amongst the employees from various ethnic groups and also amongst the various departments of the company, This main element of clear communication must also be maintained with the suppliers and the other stakeholders of the company as this is a process which can help to bring about the success of the company in the future. Equal Business partnership: All the business partners and the stakeholders must get an equal share of the profits of the company as per their contribution. This activity attracts value addition from them in order to be benefited from the entire process of the company in macro level. Conclusion: On a final note it can be concluded that the article as provided for discussion and critical analysis is one which deals by highlighting the facts that there are a large number of considerations for the success of the company. Those considerations are to be treated with importance and with priority for the betterment of the organization in order to achieve success in the market. Present business scenario is tough through intense competition and the global market is being controlled by competitors that can bring uncertainty and insecurities. This is the time when a company has to be integrally from its view point. The systems and the internal structures are to be made in such manner that it can withstand the various forces of competition. In this context, it can be inferred that the example of ANZ is proving to be perfect one related to change management. It has exhibited the importance of HR management to bridge the gap between employee and employer towards their ensure commitment, m otivation, leadership quality management, work culture of the company and others as reckoned to be basic features for success. Thus this article has predominantly established the important of the phenomenon of change management as an instrument to success. References: Aihi, 2011. Change management strategies and practice development in nursing: a review of the literature. [Online] Available at: https://aihi.mq.edu.au/sites/default/files/aihi/resources/Change_management_and_practice_development_literature_review.pdf [Accessed 16 May 2017]. Anz, 2016. About the company. [Online] Available at: https://www.anz.com/about-us/ [Accessed 16 May 2017]. Brooks, R. Cubero, R., 2012. New Zealand Bank Vulnerabilities in International Perspective. [Online] Available at: https://www.imf.org/external/pubs/ft/wp/2009/wp09224.pdf [Accessed 16 May 2017]. Colombo, J., 2014. 12 Reasons Why New Zealand's Economic Bubble Will End In Disaster. [Online] Available at: https://www.forbes.com/sites/jessecolombo/2014/04/17/12-reasons-why-new-zealands-economic-bubble-will-end-in-disaster/ [Accessed 16 May 2017]. Pressreader, 2009. World economic outlook: Crisis and Recovery. [Online] Available at: https://www.pressreader.com/new-zealand/the-dominion./20090330/28202043821968 [Accessed 16 May 2017]. Sohail, N., 2011. Anz bank. [Online] Available at: https://www.slideshare.net/invincy/anz-bank [Accessed 16 May 2017].