GB560-4: Evaluate change management plans. In this Assessment you will provide a critical evaluation of a business process in the scenario provided. The final response for this Assignment will be a 15–17-slide-PowerPoint presentation with audio. The audio portion transcript is found in the notes section below each slide. The presentation includes a cover slide, abstract, body addressing the checklist items, and APA citations and references. Background: Mohammed Yunus is the founder of the concept of microfinancing. His initial impetus to provide financing to individual small family owned businesses in India and elsewhere inspired a movement that has spread across the world with some controversy as to the real benefits of such financing. See the founder’s website for some background on microfinancing. In addition, you practiced with some of Geert Hofstede’s cultural dimensions in the Learning Activity that you will now use to address any cultural considerations in your evaluation of the business process described. Scenario: You were recently hired by a nonprofit organization that is headquartered in Montreal, Canada. This organization, Beacon of Hope (BOH), had a mission of providing financing to businesses who wished to start a business in third world countries. Two years ago, they changed their mission to providing microfinancing to individuals in third world countries who want to start up a small business in their own country. The first two countries they focused on were Angola and Ghana. After two years in operation, it has become apparent that a change is necessary. Choose either Angola or Ghana to evaluate the organization’s current process addressing the following concerns: Here are some of the reported problems: · Only 225 applications were received from prospects concerning each of the two countries. At the 2-year mark, the expectation was 1200 applications for each. · The application processing time is taking 4–6 months. The original goal was 2 months. · Only 100 applications have been approved for each country, and the average loan is $10,000. · The most recent report shows that only 15% of the businesses funded are still in operation. · Accessing the microfinancing funds has proven problematic using in-country banks. · Accounting for the expenditure of funds by BOH has been difficult to track. · Loan delinquency is a major concern due to business failure. Checklist: Evaluate the business change process by researching and addressing the following: a. Provide an overall assessment of the existing program and what needs to be changed to be viable. b. Analyze the likely reasons that the application processing time for microfinancing is taking 4–6 months. c. Identify the stakeholders who should be involved in this change management process and explain BOH’s responsibility towards these stakeholders. HINT: A stakeholder is any person, group, or organization that has a positive or negative impact on the work or anyon.

1. GB560-4:
Evaluate change management plans.
In this Assessment you will provide a critical evaluation of a
business process in the scenario provided. The final response
for this Assignment will be a 15–17-slide-PowerPoint
presentation with audio. The audio portion transcript is found in
the notes section below each slide. The presentation includes a
cover slide, abstract, body addressing the checklist items, and
APA citations and references.
Background:
Mohammed Yunus is the founder of the concept of
microfinancing. His initial impetus to provide financing to
individual small family owned businesses in India and
elsewhere inspired a movement that has spread across the world
with some controversy as to the real benefits of such financing.
See the founder’s website for some background on
microfinancing.
In addition, you practiced with some of Geert Hofstede’s
cultural dimensions in the Learning Activity that you will now
use to address any cultural considerations in your evaluation of
the business process described.
Scenario:
You were recently hired by a nonprofit organization that is
headquartered in Montreal, Canada. This organization, Beacon
of Hope (BOH), had a mission of providing financing to
businesses who wished to start a business in third world
countries. Two years ago, they changed their mission to
providing microfinancing to
individuals

2. in third world countries who want to start up a small business
in their own country. The first two countries they focused on
were Angola and Ghana. After two years in operation, it has
become apparent that a change is necessary. Choose either
Angola or Ghana to evaluate the organization’s current process
addressing the following concerns:
Here are some of the reported problems:
· Only 225 applications were received from prospects
concerning each of the two countries. At the 2-year mark, the
expectation was 1200 applications for each.
· The application processing time is taking 4–6 months. The
original goal was 2 months.
· Only 100 applications have been approved for each country,
and the average loan is $10,000.
· The most recent report shows that only 15% of the businesses
funded are still in operation.
· Accessing the microfinancing funds has proven problematic
using in-country banks.
· Accounting for the expenditure of funds by BOH has been
difficult to track.
· Loan delinquency is a major concern due to business failure.
Checklist:
Evaluate the business change process by researching and
addressing the following:
a. Provide an overall assessment of the existing program and
what needs to be changed to be viable.

3. b. Analyze the likely reasons that the application processing
time for microfinancing is taking 4–6 months.
c. Identify the stakeholders who should be involved in this
change management process and explain BOH’s responsibility
towards these stakeholders. HINT: A stakeholder is any person,
group, or organization that has a positive or negative impact on
the work or anyone who might be affected by the outcome.
d. Explain how you will evaluate success once your proposed
plan is in place.
e. The professional presentation should include a cover slide,
abstract slide, body of the presentation addressing the checklist
items, with APA citations and references (i.e., separate
references slide).
f. Submit your 15–17-slide professional PowerPoint
presentation with audio including an audio transcript in the
form of notes added below each slide. The presentation includes
a cover slide, abstract, body addressing the checklist items, and
APA citations and references and uses Standard English, correct
spelling, and grammar.