The two companies that have undergone similar‚ and fairly substantial‚ changes in recent years are Wal-Mart and General Motors (GM). Both are established publicly traded companies that are typically considered blue chip stocks. However‚ both have made the major decision in recent years to undergo corporate restructuring. In 2009‚ an organizational change was announced by Wal-Mart. It was the restructuring of Wal-Mart’s global sourcing team to leverage the scale of its global merchandising operations
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Organizational Change Dana Gibson 8642 W Golf Rd Apt 6 Des Plaines‚ IL 60016 847-687-8687 dgdrgibson@gmail.com GM591: Leadership and Organizational Behavior Instructor R Salitore 12/11/2011 Introduction The organization that I will be completing my final project on is Aon Hewitt. Aon Hewitt is the leader in Human Resources Solutions such as consulting‚ benefits administration and HR business process outsourcing. Within the organization I am a Benefits Operations Manager‚ my role
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Organizational Change: Downsizing: It’s Not Easy BUS610: Organizational Behavior Organizational Change: Downsizing: Its’ Not Easy There are a lot of different changes that can arise throughout the growth of a company. There can be changes to the structure‚ positions revised‚ hours cut and people losing their jobs. Organizational change can happen at the beginning of a business and even after a few years of success‚ change can happen. While building an organization to strengthen its
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Organizational Change THE TECHTRON COMPUTERS "WANT TO SURVIVE‚ GO PUBLIC‚ AND THEN WHAT?" CASE Investors (venture capitalists) knew the potential was good for Techtron Computers to challenge the dominant players in the high-speed computing market. They also knew the types of computers Techtron hoped to bring to market were a long shot for success even with their significant financial investment. The four founders of Techtron all had come from large international corporations known for their high-speed
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INTRODUCTION Organizational Development (OD) has become more and more important for today’s organizations because the world is moving so fast that organizations have to find ways to be more effective‚ more innovation‚ more customer-driven‚ and more agile. Cumming and Worley (1997) define organizational development as “a process that applies a broad range of behaviour science knowledge and practices to help organizations build their capacity to change and to achieve greater effectiveness”. Therefore
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foundations of change ‚ approaches‚ models‚ methods and tools 1.1 General definition changes ‚ the concept ‚ the scope of 1.2. Approaches to organizational change 1.3. Models of change management - "Theory E" (hard method changes) and "Theory O" (soft method) - organizational change strategy 1.4. Methods of organizational change 1.4.1. harsh methods 1.4.2 . Soft methods of organizational change 1.4.3 . Integral methods of organizational change 1.5 Reactive and proactive change management
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LG Electronics is a global electronics company headquartered in Yeouido‚ Seoul‚ South Korea. LG Electronics is the world’s second-largest manufacturer of Television sets and third-largest producer of mobile phones It is the flagship company of LG Group‚ one of the world’s largest electronic conglomerates. The company has 75 subsidiaries worldwide that design and manufacture televisions‚ home appliances‚ and telecommunications devices. LG Electronics owns Zenith Electronics and controls 37.91 per:cent
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Week Four Assignment Darryl Friedlund Forecasting & Leading Change – STL 420 Chapter 10 Page 298 1. How do evolutionary change and revolutionary change differ? Evolutionary change is gradual‚ incremental‚ and narrowly focused and does not involve drastic or sudden altering of the basic nature of the organization’s strategy or structure. Whereas revolutionary change is rapid‚ dramatic‚ and broadly focused in order to quickly and decisively find new ways to be effective.
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Causes of Organizational Change This is a time of unprecedented change in our society. The changes one experiences are happening at faster and faster rates. As examples‚ the telephone‚ radio‚ TV‚ and microwave weren’t even in use decades ago‚ and today these gadgets are commonplace‚ along with the computer‚ Internet‚ and fax machine. In just a few months‚ the technology that an organization uses on an everyday basis may be outdated and replaced. That means an organization needs to be responsive to
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Organizational Change Organizational change is common when companies go through a transformation and need to either change business strategies or restructure the operation. Organizations are open systems that survive by maintaining good standing with the economic environment around them. By fundamentally changing the environment of a company‚ it means altering ways and means of production‚ downsizing‚ or even dropping dead weight as Ford did eliminating whole brands such as Mercury. In some cases
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