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change management meaning: 1. the planning and introducing of new processes, methods of working, etc. Taking charge of change causes you to foresee and plan for your next experiences. No matter your job, you must learn to manage change. in a company or…. Change management reduces the risk that a new system or other change will be rejected by the enterprise. It is far more powerful and proactive than allowing every passing wind to buffet your work life and outlook. In this fast-changing environment, change management skills are paramount if you wish to succeed. By itself OCM does not reduce costs or increase sales.