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[Music] hello everyone let us learn about a very common concept that is so crucial that many companies that fail to understand correctly dont go very far in terms of success we are going to talk about change management and its importance so to begin with we all know what a change is something not many people like how important it is to adapt to a change does change management really affect the organization change management is a systematic approach to deal with the change or transformation of an organizations goals organizations processes or organizations technologies the focus of change management is to execute the strategies for affecting the change controlling the change and helping people adapt to the change why change management is important it is important because failing to adapt to changes will not only cause downfall but also if companies and organizations dont change positively then how will the world progress let me take a very famous company im sure you all would have