Comprehensive and Detailed Step-by-Step Explanation

A Sponsor is a critical role in any change program, tasked with providing high-level support, ensuring resources are allocated, and maintaining alignment between the change initiative and the organization's strategic priorities. The CEO is best suited for this role because they have the authority, vision, and ability to secure the necessary resources for the program.

1. Why D (Budget Allocation) is Correct

A sponsor’s primary responsibility is ensuring that the change initiative has adequate resources, including financial support.

The CEO’s ability to assign budgets promptly ensures that the program can progress without delays caused by a lack of funding.

This aligns with the sponsor's role of prioritizing resources to avoid disruptions to the change process.

2. Why E (Commitment and Authority) is Correct

A key attribute of a successful sponsor is their commitment to the change initiative and their authority to prioritize it across the organization.

The CEO’s position as the ultimate decision-maker and their endorsement of the change program as UniCo’s future direction reinforces the legitimacy and importance of the initiative.

By promoting the change and making it a strategic priority, the CEO ensures alignment at all levels of the organization.

3. Analysis of Incorrect Options

Option A:

While a thoughtful leadership style can be valuable, this alone does not align with the core responsibilities of a sponsor. The sponsor must be proactive in decision-making, resource allocation, and strategic oversight rather than focusing on creating an environment for behavior changes.

Eliminate.

Option B:

While acknowledging unease about the new direction might indicate self-awareness, it does not demonstrate why the CEO is the best fit for the sponsor role. Sponsors are expected to lead with confidence and conviction, even in unfamiliar situations.

Eliminate.

Option C:

Being heavily involved in operational details is not the role of a sponsor. Instead, the sponsor should focus on strategic oversight and delegating operational responsibilities to program managers or change leaders.

Eliminate.

4. Practical Implications

A sponsor like the CEO ensures alignment between the change initiative and organizational goals.

Their ability to secure resources and champion the program ensures its visibility and priority within the organization, fostering commitment at all levels.