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Write an essay on various models of change management.
Change is the constant reality of life and managing it through learning to adapt to it takes time, energy, efforts and training and which is why many scholars have come up with defined models to manage change. Change management involves the application of these methods within certain framework to move business from its present state to a desired one. The main benefit of its application is that it helps to increase the chances of a business staying on its budget or schedule that in turn leads to realization of higher benefits. For adopting one of the many effective approaches and models, an organization must first know the reason of changes and its benefits.