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Change management is considered one of the essential activities of a company that is liable for its long-term evolution. This process enables a company to remodel itself or change a selected aspect so as to improve its competitive benefit and performance. This paper covers the theoretical and practical features of change management and its impression on a corporation. It aims to make use of varied change management fashions like Lewin’s model of change to elucidate numerous elements of transformation throughout the firm. This paper also focuses on underpinning the utility of change administration and portrays the positive impacts on a corporation.

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