Which of the following best describes 'change management' in an organizational context?

Change management is best described as the methods and strategies for helping individuals adapt to change. This definition emphasizes the human aspect of change within organizations, focusing on the need to support employees as they transition into new ways of working, processes, or culture. Effective change management recognizes that change can be challenging and often meets resistance, therefore it involves a systematic approach to engage, communicate, and involve everyone affected by the change.

The correct answer highlights that successful change initiatives require not only planning and executing the technical aspects of change but also addressing the emotional and psychological impacts on individuals. This includes providing training, resources, and support to help employees understand and accept the change, ultimately enabling a smoother transition and minimizing disruptions.

In contrast, other options focus on narrower aspects. Implementing new technology quickly does not encompass the broader human-centered approach that change management advocates. Managing financial aspects relates to project management rather than change management, which is primarily concerned with people. Lastly, developing quality assurance processes, while important in its own right, falls outside the scope of change management, as it relates more to maintaining product or service standards than to the human factors involved in managing change.