Explain the types of organizational change and the process of organizational change. Which are the most efficient methods of managing changes?
�Business Management
BUSINESS MANAGEMENT
�
EXPLAIN THE TYPES OF ORGANIZATIONAL CHANGE AND THE PROCESS OF ORGANIZATIONAL CHANGE. WHICH ARE THE MOST EFFICIENT METHODS OF MANAGING CHANGES?
"Organisational change is an irreversible adoption of any feature of its strucutre, personel, products or processes" (J.Naylor)
Today's business environment is forcing entities for changes. If we would think from corporate point of view it is essential for the companies' success to be in accordance with new markets demands. On the other hand, individuals are ruling the companies and the companies` corporate strategy heavily depends on them so it is important to have eligible management who is ready to respond quickly fast and reliable on any possible challenge. Why to make changes? Changes are needed in different situations and companies` conditions. If we would think, there is always necessary force which is puling management for smaller or bigger changes in order to maximize its profits. Moreover, there are varieties of environmental factors which can influence demand for the change. Not only that but if we would think about Eastern European markets and its past we can see that the process of transition is one big change which is leaded by deep economical reforms based on changing companies management and way for doing business. In today's world globalisation is one of key driving economic factors and as a result of that mergers and acquisitions are part of daily news. Regardless of the type of M&A they are main causes for certain changes from different points of view. Therefore, the most common change is result of profit maximization and headcount reduction what usually is product of new organisational strategy. In addition, thinking about merger, changes are even more usual due to the differences which might occurred between two entities.
In today's world most sophisticated companies from point of view of Economic as a science are Consulting companies like BSG Group or
BUSINESS MANAGEMENT
�
EXPLAIN THE TYPES OF ORGANIZATIONAL CHANGE AND THE PROCESS OF ORGANIZATIONAL CHANGE. WHICH ARE THE MOST EFFICIENT METHODS OF MANAGING CHANGES?
"Organisational change is an irreversible adoption of any feature of its strucutre, personel, products or processes" (J.Naylor)
Today's business environment is forcing entities for changes. If we would think from corporate point of view it is essential for the companies' success to be in accordance with new markets demands. On the other hand, individuals are ruling the companies and the companies` corporate strategy heavily depends on them so it is important to have eligible management who is ready to respond quickly fast and reliable on any possible challenge. Why to make changes? Changes are needed in different situations and companies` conditions. If we would think, there is always necessary force which is puling management for smaller or bigger changes in order to maximize its profits. Moreover, there are varieties of environmental factors which can influence demand for the change. Not only that but if we would think about Eastern European markets and its past we can see that the process of transition is one big change which is leaded by deep economical reforms based on changing companies management and way for doing business. In today's world globalisation is one of key driving economic factors and as a result of that mergers and acquisitions are part of daily news. Regardless of the type of M&A they are main causes for certain changes from different points of view. Therefore, the most common change is result of profit maximization and headcount reduction what usually is product of new organisational strategy. In addition, thinking about merger, changes are even more usual due to the differences which might occurred between two entities.
In today's world most sophisticated companies from point of view of Economic as a science are Consulting companies like BSG Group or
References: MANAGING CHANGE: A STRATEGIC APPROACH TO ORGANIZATIONAL DYNAMICS BY BERNARD BURNES MANAGEMENT OF CHANGE; INTERNATIONAL BUSINESS SCHOOL, LECTURE MATERIALS INTERNATIONAL BUSINESS POLICY AND STRATEGY; INTERNATIONAL BUSINESS SCHOOL, LECTURE MATERIALS WWW.WIKIPEDAIA.COM - INTERNET ENCYCLOPEDIA � Management of Change; Lecture 1 International Business School; (Caldwell, 2003) �PAGE � �PAGE �1� �International Business School, Autumn 2007