There is only one thing constant in the universe that is change,so with passage of time the company management have to address the change management issue with the constant improvement in the business processes, using innovative and advance techniques for planning and executing the objectives. The Levin’s change model and Kotter’s 8 point change model are very good in understanding and implementing the change. Change is the essential need for the sustainable growth and profitability, with the competitive environment the need to address the change management become more important than anything else to survive in the market.