ACADEMY OF ECONOMIC STUDIES FACULTY OF BUSINESS ADMINISTRATION ASSESSING CHANGE AT PETROM CHANGE MANAGEMENT Table of Contents I. INTRODUCTION 4 II. CHANGE MANAGEMENT PROCESS 6 III. ANALYSIS OF THE CHANGE PROCESS 7 - KOTTER’S 8-STEP MODEL PERSPECTIVE IV. ROLE OF CHANGE MANAGEMENT 12 V. FUTURE PLANS IN PETROM 17 VI. CONCLUSION 20 VII. REFERENCES 26 I. Introduction Petrom is a very well-known oil company in Romania‚
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Change Management: Fincham and Rhodes (2005) define change management as” the Leadership and direction of the process of organisational transformation-espacially with regards to human aspect and overcoming resistance to change”. According to Society for Human Resource Management the change management is “The systematic approach and applications of knowledge‚ tools and resources to deal with change.change management means defining and adopting corporate starategies‚ structures‚ procedures and technologies
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Organizational Development and Change Chapter Overview The organizational development (OD) tradition is a practitioner-driven intervention-oriented approach to effecting organizational change via individual change‚ with view to increasing effectiveness. It is implemented within a problem-solving model‚ places a heavy accent on survey-based problem diagnosis and subordinates people to a vision of the future. Commitment-based strategies of effecting change assume that the impetus for change must come from the
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To what extent should the youth be worried about climate change Climate change is one of the most critical global challenges of our times. Recent events have emphatically demonstrated our growing vulnerability to climate change. Climate change impacts range from affecting agriculture‚ further endangering food security‚ to sea-level rise and the accelerated erosion of coastal zones increasing the intensity of natural disasters‚ species extinction‚ and spread of vector-borne diseases. This issue
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Climate change is one of the most important global environmental challenges‚ with implications for food production‚ water supply‚ health‚ energy‚ etc. Addressing climate change requires a good scientific understanding as well as coordinated action at national and global level. This paper addresses these challenges. Historically‚ the responsibility for greenhouse gas emissions’ increase lies largely with the industrialized world‚ though the developing countries are likely to be the source of an increasing
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Through the inter-connection between change management‚ knowledge management and people management‚ the author believes you can look at‚ assess‚ and analyse organisational readiness and responsiveness to change. This will done through the narrative cyclical approach (FIGURE XX). All of this works together to answer the research question of‚ “Is there a framework/s that can be used to help organisations increase organisational readiness and responsiveness to change”. Organisational readiness and organisational
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Social change refers to an alteration in the social order of a society. Social change may include changes in nature‚ social institutions‚ social behaviors‚ or social relations. The base of social change is change in the thought process in humans. Social change may refer to the notion of social progress or sociocultural evolution‚ the philosophical idea that society moves forward by dialectical or evolutionary means. It may refer to a paradigmatic change in the socio-economic structure‚ for instance
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1.1 Change management is described by Armstrong (1) as “the process of achieving the smooth implementation of change by planning and introducing it systematically taking into account the likelihood of it being resisted”. Change‚ the fundamental constant in any successful organisation‚ can be adaptive‚ reconstructive‚ revolutionary or evolutionary and can happen for a number of diverse reasons: * Growth challenges * Economic Challenges * Strategic changes * Skills
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Introduction Organizational change management (OCM) is a framework for managing the effect of new business processes‚ changes in organizational structure or cultural changes within an enterprise. Simply put‚ OCM addresses the people side of change management. Organizations operate in multiple environments (temporal‚ external and internal). The key task is to work with and try to manage them – in Schein’s (1988‚ p.94) words‚ organizations have continually to achieve ‘external adaptation and internal
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Wales MODULE : Managing Change in Organisation SUBMISSION DEADLINE : 12th January‚ 2012 WORD COUNT : 3‚542 words Today‚ teams and organizations face rapid change like never before. Globalization has increased the markets and opportunities for more growth and revenue. However‚ increasingly diverse markets have a wide variety of needs and expectations that must be understood if they are to become strong customers and collaborators. The ability to manage change in an organisation‚ while
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