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A leader s role in the management of change is a critical issue for successful outcomes of strategic initiatives. Globalization and economic instability have prompted an increase in organizational changes related to downsizing and restructuring in order to improve financial performance and organizational competitiveness.

Researchers agree that a leader s inability to fully understand what is needed in order to guide their organizations through successful change can be a reason for failure. Proper planning and management of change can reduce the likelihood of failure, promote change...