StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

MBA-Management of Change - Essay Example

Cite this document
Summary
MBA: MANAGING CHANGE IN ORGANIZATIONS By [Author’s Name] 12 January 2011 MBA: Managing Change in the Organization Introduction Change management has already become a distinctive element of corporate evolution in the U.S. and the rest of the world. Small and large business enterprises actively engage in organizational change initiatives, to enhance the efficiency of their operations, raise profitability and competitiveness, and expand their presence in the market…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.8% of users find it useful
MBA-Management of Change
Read Text Preview

Extract of sample "MBA-Management of Change"

Download file to see previous pages

My own workplace experience is not rich enough to judge the sustainability and efficiency of various change initiatives in organizations. However, I was fortunate to witness a process of organizational change from within. Several years ago, the company for which I worked (company N.) decided to develop and implement a new vision of technological change at all levels of its organizational performance. The process of developing and implementing change was equally complex and challenging, but the effects of the discussed change initiative ultimately exceeded all business expectations, having moved our organization to the new quality level of business performance.

Preconditions and prerequisites for initiating change Organizations build complex hierarchies, to be able to meet their business goals. However, not always do these hierarchical structures contribute to better efficiency of workplace and business operations within organizations. More often than not, organizations face the need to simplify their business operations, decisions and structures in ways that help to avoid the duplication of obligations and role conflicts. In this context, technology often becomes a vital component of an efficient organizational change. . The distribution of roles among the company employees across different divisions left much room for improvement: throughout years, the company management had heavily relied on traditional organizational hierarchies, in which lower financial advisers completed much of the financial paperwork for the clients but would have to drop their projects, as soon as the need to catch up with the most important deadlines became urgent.

The distribution of tasks was extremely inefficient. Employees lost valuable time, trying to contact each other by phone, fax, or e-mail. The duplication of efforts plagued the organization, leaving little time for quality improvements. Needless to say, all those factors plagued profitability and efficiency of business operations within the company. The company’s initiative to create regional affiliates with locally distributed teams of workers failed to achieve any relevant business result.

Team members lacked collaboration and could not find any agreement on their goals and priorities. Apparently, a new model of cooperation between the company divisions was required, and technology would play the vital role in the implementation of a profound organizational change. It should be noted, that technology is a frequent instrument of organizational change in different business enterprises. Rapid evolution of internet technologies triggers the growth of high-quality interactive solutions, which organizations can use to develop and maintain effective collaborative ties between their employees and between them and customers.

One of the primary goals of the change initiative at N. was to diversify its operations through

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“MBA-Management of Change Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
Retrieved from https://studentshare.org/environmental-studies/1404806-mba-management-of-change
(MBA-Management of Change Essay Example | Topics and Well Written Essays - 3000 Words)
https://studentshare.org/environmental-studies/1404806-mba-management-of-change.
“MBA-Management of Change Essay Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.org/environmental-studies/1404806-mba-management-of-change.
  • Cited: 0 times

CHECK THESE SAMPLES OF MBA-Management of Change

Knolege creation

Knowledge Creation Week 1 Discussion Starkey and Tempest , (2008, page 385) quote Nussbaum ( 1997) as saying :-     “It would be catastrophic to become a nation of technically competent people who have lost their ability to think critically”.... Charles Elliot, then president of Harvard University, stated, as quoted by Starkey and Tempest (2008, p 386), at the time when the famous Business School was about to open in 1908, that the new institution should have as its purpose public usefulness....
4 Pages (1000 words) Essay

The Pursuit of a MBA

The Pursuit of an MBA Table of Contents Raising and Countering Objections Regarding the Decision to Get an MBA 3 Criteria for Evaluation for the Credibility of the Source of Information 5 The Reasons for Going Back to Business School 5 References 6 Raising and Countering Objections Regarding the Decision to Get an MBA Masters of Business Administration (MBA) programmes are considered to enhance the skills and capabilities in addition to the knowledge base in the perspective of career- competency....
3 Pages (750 words) Essay

Motivation for Pursuing an MBA Degree at Certain Point in Career

The author of the essay “Motivation for Pursuing an MBA Degree at Certain Point in Career” believes the obtained adequate knowledge from the key subject area in the MBA program can effectively provide extensive support to achieve individual goals in the healthcare-related career.... hellip; According to the present competitive scenario of the global healthcare environment, organizations tend to focus on relying on integrity in order to avoid various external hazards....
5 Pages (1250 words) Admission/Application Essay

Economic Trends in an Executive MBA school

Most of the economic trends are usually caused by the rapid change in telecommunication technologies, changes in the purchasing habits of the consumer.... In the paper “Economic Trends in an Executive MBA school” the author describes the overall direction taken by the economy of a given country....
5 Pages (1250 words) Essay

Portfolio Management

Earlier studies consider relatively long time periods during which some funds change managers, risk, fees or objective, or liquidate.... Managers make investment decisions based upon their personal abilities and risk preferences.... This paper models a simultaneous system for a large sample f mutual fund managers in order to determine the effects that human capital characteristics have on fund return performance, risk and fees. … That fund managers' characteristics simultaneously determine their portfolio return performance and risk as well as their own compensation is not surprising; yet, earlier studies have not accounted for this simultaneity....
21 Pages (5250 words) Essay

Graduation speech executive MBA

Every subject provided me with new information and perspectives, from the "soft skills" of staff motivation and change management to the "number crunching" skills of accounting and corporate finance.... Welcome to our graduation.... It is a great privilege for me to be here with you today to extend my gratitude to for giving me the opportunity to speak to the talented and gifted individuals....
3 Pages (750 words) Essay

EMBA London Program at The University of Chicago

The purpose of this essay "EMBA London Program at The University of Chicago" is to describe a rationale for applying to an EMBA program for business administration.... The writer would shed light on the personal educational background, skills as well as experience in the field.... hellip; I am impressed by what I have read concerning your faculty; teaching, and conducting research at the EMBA London Program, The University of Chicago Booth School of Business....
20 Pages (5000 words) Admission/Application Essay

A Master of Business Administration (MBA) in Healthcare

 This admission essay "A Master of Business Administration (MBA) in Healthcare" discusses the reason for applying to Boston University to acquire health sector MBA degree.... The essay considers the plan to leverage professional and academic experiences to achieve post-MBA career goals.... hellip;  In accordance with the present rapid development of global business environment owing to industrialization, it has been observed that professional courses have become a vital selection for the students in terms of career development....
6 Pages (1500 words) Admission/Application Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us