Explain Organizational change.
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Organizational change refers to the planned, systematic process of transforming an organization's structure, processes, or culture to enhance effectiveness, adaptability, or overall performance. It can involve implementing new technologies, restructuring, or altering management practices. Successful organizational change requires strategic planning, effective communication, and stakeholder engagement. Adapting to evolving market trends and staying competitive often necessitates organizations to embrace change, fostering innovation and continuous improvement.