Self-study 7 Task Vocabulary Ex 1

Task 4. Writing.
Imagine a competition in your company or industry, or one you would like to work for, to find the best initiative in change management. Who would win, and what would these initiatives be? Write your opinion (about 150-200 words)

Change management has become one of the most critical success factors for any business in today's ever-changing world. The business world is changing at a fast pace: technology keeps evolving, customer trends are changing, new market regulations are being launched on a regular basis, and businesses have to cope with unprecedented global crises. Companies that can't adapt and grab growth opportunities are most likely to be outcompeted by agile competitors and even disappear. That's why preparing for change should be one of your top priorities. A research shows that only 38% of people like to leave their comfort zone. When these people are presented with a change, they think, "Hey, this is so exciting." Those positive interpretations of change result in positive emotional reactions, such as happiness and satisfaction, which result in greater employee productivity. 

The other 62%, however, look at that same exact statement and immediately feel fear and discomfort. They may think, "Oh great, this change will have an effect on my career growth." or "I will not do what I like doing any more." or “Will they keep me in?”
With all the changes happening in the business world, change management has become one of the most important business functions.
Task 5. Make a presentation on the topic: Trading organisations