Organizations have always faced the need to change. With the current rate of technological change, intense competitive pressures, shift to a knowledge-based economy, and globalization, change has become even more common. Dealing with change has become crucial to organizations that want to meet their goals.
Leaders may have to manage different types of change within their organization. Similarly, as the leader on your project team, you’ll likely need to manage or direct various kinds of change as it relates to your project. Change comes in many different forms but, broadly speaking, there are five different types of change, as explained below.