Managing ChangeAssignment QuestionScenarioLearners may use their own employment context to write an assignment based on assessment tasks. Assessment tasks are learning outcomes of the unit associated with Assessment Criteria. You are required to generate sufficient evidence on assessment criteria to meet learning outcomes of the unit within the rules, regulations and standards to achieve credits of the unit. If you are not in employment, please use the following scenario.Consider you are working as a Senior Manager of a small-medium sized insurance private limited organization, which deals with its customers all over the world to sell its motor, home, life, savings and retirement insurance products and services. Your role includes organizational development, strategy development and change management to ensure the overall direction of the company is aligned with the strategic plan. Your interpersonal role includes working with staff and contractors, directing and representing them, monitor their work and communicate with external parties on the behalf of the company as well as efficient and effective decision making to improve the operations of organizations for existing and new products and services, negotiation with suppliers, handle crises, constructing budgets and allocating resources. Due to the change in the market and the increase in the global competition, you are required to write an assignment to bring change to your organization, products and services. Therefore, prepare a report based your analysis and evaluation to meet the following 3 tasks that will help Directors to set long-term strategic plan with changes in policies, processes and systems to meet customers’ requirements and to gain competitive advantages.Task 1 – 650 wordsResearch and analyze issues that concern significant organizational change.1.1: Identify important resources in your organization. Analyze the resource impact of change on theOrganization.1.2: In general, explain positive and negative implications for making the change.1.3: Consider organization plans and arrangements for change. Evaluate their fitness to accommodate the change.Assessment Criteria: Identify and analyze the resources impact of change on the organization.1.2: Explain positive and negative implications for making the change.1.3: Evaluate organization plans and arrangements and their fitness to accommodate the change.Task 2 – 650 wordsDevelop plans to involve stakeholders in planning for and supporting change.2.1: Would you support a team approach to manage change. Provide reasons and recommendations.2.2: What option does your organization (that needs a change) have, to make changes What option does your organization (that needs a change) have, to make changes What option does your organization (that needs a change) have, to make changes.2.3: Evaluate the above options and provide reasons to select a particular option, or set of options.Assessment Criteria2.1: Provide reasons and recommendations to support a team approach to managing change.2.2: Consider options for an organization that needs to make changes.2.3: Evaluate options and provide reasons to select a particular option, or set of options.Task 3 – 700 wordsPlan the implementation and evaluation of a change process.3.1: Produce plans that prepare the organization for change and support implementation.3.2: Monitor and evaluate the change implementation.3.3: Review the successes and/or failures of the change process.Assessment Criteria3.1: Produce plans that prepare the organization for change and support implementation.3.2: Monitor and evaluate the change implementation.3.3: Review the successes and/or failures of the change process.