Keywords: Prospect Theory, Change, Resistance to Change, Loss Aversion Introduction A significant literature exists on the topic of change, change management and leading change.
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Change agents, those charged with the implementation of change, must understand key aspects causing resistance and how resistance is expressed.
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Spector (1989) pointed out that resistance occurs because it threatens the status quo or increases the fear of and anxiety about real or imagined consequences (Morris and Raben, 1995).
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M$M The theories are about organizational change and resistance, principal agent theory, goal theory and Stakeholders’ theory. <<
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Managing resistance to change is a long and often arduous process. <<
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It was written at the request of the Committee on Research Activities of theNroaern Language Association as a contribution .
II ACKNOWLEDGEMENTS We would like … <>>>
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There's no such thing as a change with a neutral impact: people will either be better or worse off because of it.
In the area of leadership and organizational change, Lewin (1947) laid the foundation with his three-stage model: unfreezing, movement, and refreezing. >>
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