1: Preparation Provide an overview of the current situation facing the business including: Analysis of the company's organisational objectives and identification of strategic changes needs A review of any current policies, procedures and practices against strategic objectives and a summary of potential changes Key stakeholders involved and affected by the change Outline any legislation, regulations and code of practice that applies to business strategic change and how you will apply this. (Note, if using the case study, conduct research and use federal and state specific information relevant to your own state/territory that must be applied). Research Conduct research to identify environmental risks or impacts to the business or any other considerations you feel necessary. Outline the sources of information you identified about best practice change management strategies, as well as an overview of best practice change management strategies you will use. Summarise each source of information and briefly outline how it has assisted in identifying major change requirements and opportunities