Change Management Risk Assessment: A Case of IT Industry in Pakistan

Journal Title: Pakistan Journal of Economic Studies - Year 2020, Vol 3, Issue 2

Abstract

Organizations adopt the change to enhance their overall performance. To compete and survive in the ever increasing and changing market need, organizations need to be innovative for which adoption to change is required. Due to unique organizational change, the people within the organization may face a unique risk and their responses affect the objectives during the change implementation process. The study is based upon qualitative and quantitative analysis for identifying and assessing the risk factors of the change management process using the Change Risk Assessment Model (CRAM), hierarchical model approach. The interviews are conducted for identification of top change risk factors from top professionals of the IT industry and an optimal sample of 82 IT companies registered with the Pakistan Software Export Board (PSEB) is selected. For qualitative analysis, the weights are assigned to each risk factor using CRAM questionnaire and for quantitative analysis, the AHP (Analytic Hierarchy Process) is used to assess the influence of each risk factor on the change. The present study not only focuses on the discussion of risk factors but also describes the risk mitigation strategies for ensuring success. The empirical results suggest that leadership is the key change risk factor followed by communication and training while user acceptance and security are found to be the least important ones among the considered risk factors.

Authors and Affiliations

Ayesha Haroon Mumtaz Ahmed

Keywords

Related Articles

Child Well-being and Economic Growth: A Cross Country Analysis

This study investigates the relationship between various indicators of child well-being and economic growth. It groups indicators of child well-being into four key dimensions, namely child health,...

The Effect of Car Ijarah / Lease Financing on the Pakistani Islamic Banking Sector's Performance

Purpose: This study aims to identify the effect of car ijarah / lease financing on the Pakistani Islamic banking sector's performance. It is one of the primary enhancements offered by Islamic financial institutions. R...

Impact of Cashless Economic Policy and Financial Inclusiveness in Nigeria: An Empirical Investigation

This study empirically investigated the impact of cashless economic policy and financial inclusiveness in Nigeria. The cross-section survey and descriptive statistics were used as the research design. The primary data wa...

Does Financial Liberalization Stimulate Businesses’ Growth?

The present study attempts to determine the impact of financial liberalization on non-financial Pakistani firms’ growth. Since Pakistan is one of those few developing countries where financial reforms were implemented su...

Does Financial Inclusion Create Tax Revenue for the Government? A Panel Study on Developing Countries

Financial inclusion (FI) carries enormous income into the economy. This mobilization generates prospects for the governments. While it decreases exploitive informal credit sources, it increases the documented economy as...

Download PDF file
  • EP ID EP692969
  • DOI -
  • Views 158
  • Downloads 0

How To Cite

Ayesha Haroon Mumtaz Ahmed (2020). Change Management Risk Assessment: A Case of IT Industry in Pakistan. Pakistan Journal of Economic Studies, 3(2), -. https://europub.co.uk/articles/-A-692969