2.Organizational change can be considered as the ladder, through which the companies climb up to the top level of success and business sustainability. There are several reasons, why organizations should always cherish or appreciate their scale and scope of change adaptation. For instance, change is crucial for being competitive or building up competitiveness. It is not always necessary that change adaptation will lead to some major transformation. Change helps the organization to explore the scope or opportunities the organization has, in order to improve the organization’s position or brand image in the local or wider business market (Platzek, Pretorius & Winzker, 2014). In today’s era, it is very important to be accustomed with technological advancement, which can be introduced in an organization through transparent change implementation, which would help to scale up the organizational status to its customers, thereby leading to satisfaction of both customers and employees.
3.There are several factors, which are significant contributors in the failure of organizational change. For instance, the organization should have a clear focus about its performance and there should be a relation between the change expectations and business results. In absence of a clear focus and understanding the current needs of the target market, change program may lead to failure. Another aspect is a winning strategy; while adapting a change, there should be an appropriate plan that would surely lead to success. A poor and non-transparent planning of change would lead to failure. Another reason of failure is lack of communication about the change by the management with all the stakeholders. In addition, change should be systematic and controlled properly (Bridges & Bridges, 2017). A well known bookseller, i.e. Borders failed to attain these criteria, when they attempted to bring a revolution in book retailing. On achieving market dominance, the organization attempted aggressive steps; lack of control over internet sales channel, poor attention, lack of clear focus led to decline in their productivity and led to major wastage
4.Several internal and external factors are contributing to the success of a change program in an organization. Lack of attention or consideration of these factors may lead to failure of successful implementation of these plans. For instance, lack of commitment is great flaw; especially from the leader’s perspective, as a leader is the key to drive the change through his fellow. Nokia is a key example of failure in leadership commitment and lack of attention towards the advancement of the particular business market and customer demands. They failed to develop the necessary technologies. They lost relation with their customers, though they were recognized as customer-centric organization initially (Laamanen, Lamberg & Vaara, 2016). The result led to failure in accomplishing change implementation. The organization needs to provide training to the managers as well as the employees so that they can focus on their working. In such way, the organization will be able to implement the plans.
Bridges, W., & Bridges, S. (2017). Managing transitions: Making the most of change. Da Capo Press.
Hayes, J. (2014). The theory and practice of change management. Palgrave Macmillan.
Laamanen, T., Lamberg, J. A., & Vaara, E. (2016). Explanations of success and failure in management learning: What can we learn from Nokia’s rise and fall?. Academy of Management Learning & Education, 15(1), 2-25.
Platzek, B. P., Pretorius, L., & Winzker, D. H. (2014). The vital entrepreneurial learning organization: a corporate mindset for entrepreneurial change management. International Journal of Innovation and Technology Management, 11(06), 1450044.
To export a reference to this article please select a referencing stye below:
My Assignment Help. (2019). Significance Of Organization Change For Business. Retrieved from https://myassignmenthelp.com/free-samples/significance-of-organization-change-for-business.
"Significance Of Organization Change For Business." My Assignment Help, 2019, https://myassignmenthelp.com/free-samples/significance-of-organization-change-for-business.
My Assignment Help (2019) Significance Of Organization Change For Business [Online]. Available from: https://myassignmenthelp.com/free-samples/significance-of-organization-change-for-business
[Accessed 26 May 2020].
My Assignment Help. 'Significance Of Organization Change For Business' (My Assignment Help, 2019) <https://myassignmenthelp.com/free-samples/significance-of-organization-change-for-business> accessed 26 May 2020.
My Assignment Help. Significance Of Organization Change For Business [Internet]. My Assignment Help. 2019 [cited 26 May 2020]. Available from: https://myassignmenthelp.com/free-samples/significance-of-organization-change-for-business.
MyAssignmenthelp.com has become one of the leading assignment help provider in New York City and Boston. We provide top class auditing assignment help. Not only auditing, but we also cover more than 100 subjects and our writers deal with all types of assignments with utmost expertise. To make writing process faster and accurate, we have segmented our assignment experts' teams as per their expertise on writing different types of assignments. We guaranteed that students who buy our assignment online get solutions worth their investment.
Answer: 1. The long queues represent the high demand for the given restaurant’s foods and service. The people value the restaurant high and are willing to stand in the waiting lines. The people have high opportunity cost associated with the time spent in the line. On the other hand, the restaurant with empty chairs may have high prices which make their food and services unaffordable to a large number of customers. The owner can increas...Read More
Answer: Background to the problem: Failures in managing research are mainly associated with the lack of preparation in readiness for a project. This leads to businesses failing to prepare for problems leading to the projects encountering serious management hurdles (Cleden, 2017). To overcome these problems every business must address the following research issues so as to address research problems. Define business and research o...Read More
Answer: Introduction In the modern era, there are several organizations that are functioning in the global economy each one of the companies have been performing according to their aims and objectives. The operations of a company is dependent on the style of the entrepreneur and the ability and the mind-set of the entrepreneur determines the process that would be undertaken with the help of which the company can gain competitive edge an...Read More
Answer: Introduction The Yeo Valley is one of the most widely known organic dairy firms in the UK. This company works for bringing fresh and new products for all the milk lovers. At the same time, they believe that taking care of nature is also one of the most important activities that they have to carry on. This firm has been set up by the Mead family. They have been living and working in Somerset for a long time period. They had started their...Read More
Answer: Introduction: Communication is an important aspect of business management. Every professionals need to develop proper communication skills to enjoy success at workplace mentally and financially. The assignment will first help me identify my issues in communication. Depending on it, a literature review will be conducted which will be followed by an action plan. Tools and analysis: The first tool that I have used is the ...Read More
Just share Requriment and get customize Solution.
Our writers make sure that all orders are submitted, prior to the deadline.
Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.
Feel free to contact our assignment writing services any time via phone, email or live chat.
Our writers can provide you professional writing assistance on any subject at any level.
Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.
Get all your documents checked for plagiarism or duplicacy with us.
Get different kinds of essays typed in minutes with clicks.
Calculate your semester grades and cumulative GPa with our GPA Calculator.
Balance any chemical equation in minutes just by entering the formula.
Calculate the number of words and number of pages of all your academic documents.
Our Mission Client Satisfaction
Great job and Great experts! The follow up and process was fantastic. Also, communication with the expert was easy.
The solution was done in time thank you do much for your efforts but please taking care for grammar is needed there was so many mistakes in grammar thank you
good to do assignment was what I expected and thanks for that one I will use him again
Great work in completing my assignment on time, was very helpful and great with communicating with the require details. will definitely use them again!