Which of the following are the most likely benefits that could be achieved by the bank by appointing an external change agent to lead and implement the re-structuring strategy?

Correct Answer for the Question – Which of the following are the most likely benefits that could be achieved by the bank by appointing an external change agent to lead and implement the re-structuring strategy?┬áis given below

M has been appointed as an external change agent to lead and implement a large scale re-structuring strategy which is being undertaken by a large bank. M has been appointed due to his extensive experience in a wide range of organizational re-structuring programmes. This re-structuring strategy will involve a large number of redundancies and the implementation of a new organization-wide management reporting system. M will need to work with staff from all departments and levels of the organization. The Board of Directors of the bank believes that an external change agent will bring more benefits to the change process than using an internal change agent. Which of the following are the most likely benefits that could be achieved by the bank by appointing an external change agent to lead and implement the re-structuring strategy? (Choose all that apply.)

The change process should be less costly if an external change agent is appointed.

The bank can exploit the specialist expertise of the external change agent.

As a dedicated resource, the external change agent can give more time to the change process.

The external change agent will be more objective in decision-making than an internal change agent.

The external change agent will have better relationships with the bank employees than an internal change agent.

The speed of delivery of the change process will be quicker when using an external change agent.

Correct Answer

The Correct Answer for this Question is

The external change agent will be more objective in decision-making than an internal change agent.
The speed of delivery of the change process will be quicker when using an external change agent.

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