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Explain the concept of change management in organizational settings. Discuss the significance of change management in driving successful organizational transitions, whether due to internal factors

Explain the concept of change management in organizational settings. Discuss the significance of change management in driving successful organizational transitions, whether due to internal factors such as restructuring or external factors like technological advancements or market shifts. Analyze the key components of effective change management strategies, the role of leadership, and the challenges encountered in implementing change initiatives. Additionally, provide examples of successful change management efforts in business contexts and outline the lessons learned from these examples.

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