Organizational change is an important phenomenon which is considered as the main task of leaders. It is very important since the businesses need continuous adaptations to their changing business environments for improving their performance and growth. …
Let us write or edit the literature review on your topic
"The study of product development as the core in transforming medium size businesses into large multi-national companies"
with a personal 20% discount.
Download file to see previous pages...
Six different theoretical frameworks have been formulated to explain organizational transformation. They include life cycle, evolutionary, dialectical, teleological, social cognition and cultural approaches to change.
Evolutionary models include social evolutionary and biological models. Here it is assumed that situational variables, circumstances and environment faced by each organization determine the change in each organization. Here very little role is given to people in determining the direction of change and change is considered as very slow process.The later version of these models assume managers having ability to respond and anticipate changes.Based on this theory, mergers are considered as a form of organizational transformation to respond to forces outside an organization.
Through mergers, there can be overall change in the organizational structure of an existing corporation in a mature product market as a part of its growth strategy to survive in the industry. This happens when the results of the past investment decisions will not be able to produce assets or resources that can finance the activities. Thus, the process of mergers and acquisitions involves the reduction in the resources as a part of the reallocation to new growth areas. In the case of mergers, the firms receive a surplus than they obtain individually through the economies of scale. This surplus increases when the product demand is high and falls when it is low. ...
Thus, the process of mergers and acquisitions involves the reduction in the resources as a part of the reallocation to new growth areas. In the case of mergers, the firms receive a surplus than they obtain individually through the economies of scale. This surplus increases when the product demand is high and falls when it is low (Lambrecht and Myers, 2004). In addition to these, during the economic downturns, the unproductive assets existing needs to be sold off to shareholders. The hesitancy of the management in doing so results in takeover activities (Maksimovic and Phillips, 2000).The takeover results in selling the unproductive assets to the acquirer of the firm and thereby reaching the proceeds of the takeovers to the shareholders. Thus mergers result in cost savings and revenue enhancement. The main criticisms of the evolutionary models include their base on mathematical field and not human fields, failure to explain change as a social phenomena, difficulty in linking environmental and organizational variables, etc(Collins,1998). The teleological models see change as the phenomenon resulting from the leaders’ perception of necessity to change. Here change is assumed to be dependent on internal decisions in accompany instead of external changes. This model gives the central role to leader and considers leader as a rational agent and change is explained on the basis of scientific management tools. Thus these models are considered as more human than the evolutionary models (Brill and Worth, 1997). This theory focuses on the need for leaders to motivate the followers rather than imposing their behaviour on followers (Trice and Beyer,
...Download file to see next pagesRead More
Cite this document
(“The study of product development as the core in transforming medium Literature review”, n.d.)
Retrieved de https://studentshare.org/management/1390713-the-study-of-product-development-as-the-core-in
(The Study of Product Development As the Core in Transforming Medium Literature Review)
“The Study of Product Development As the Core in Transforming Medium Literature Review”, n.d. https://studentshare.org/management/1390713-the-study-of-product-development-as-the-core-in.
The research will provide an understanding of the resources that may be available for Shell Obodoki to continue their training programs. The information will provide factors that can be used to develop a training program so that Shell Obodoki can afford to continually develop their employees. Shell Obodoki is a business that provides energy.
However, the greatest rotary effect is felt at the centre (core) of the vortex. In relating the vortex pressure difference to the condensation in airplane wings Durbin and Medic  observed that the pressure difference shows a relative low pressure at the core of the vortex.
In the last two decades, SMEs in china have become a significant part of the economy under a number of supporting policies and an expanding market economy. According to Zhao (2007), support from the government as well as an expanding market economy have substantially contributed to their growth particularly in terms of income, employment opportunities, export expansion and economic structure optimization.
Indeed, the majority of commercial ERP packages are designed for large a scaled business that is why it is hard to enforce a marginable ERP package in scenario of small and medium-size businesses. Thus, it is indispensable for a small and medium-size business to look for accurate mode for the ERP technologies.
There are many benefits and challenges involved with integrating social networking in business and this has led to diverse conclusions of whether social networking is a viable tool in business operations. 65% per cents of SME’s proprietors in the USA believe social networking ultimately leads to net inefficiency in business operations (Stafford, 2008).
In addition, most of the sports fans who do not manage to attend these games watch them on television. It is worth noting that Olympics have led to a significant rise of related businesses that improve the standard of living of those involved in these businesses in host countries.
The article reveals that the workplaces of the Western world proclaim gender neutrality even while inhibiting gender discrimination. Female power in an organisation is a complex ideology, and all business organisations give more importance to male workforce than female.
It is therefore argued that accounting standards followed by SMEs should primarily subject to international standards instead of different national standards. In this relation, it has been perceived widely that International Financial Reporting Standard (IFRS) for SMEs shall benefit in acquiring common accounting framework for SMEs.
It is technological advances that have immensely reduced the costs of communication, transportation and computation that has boosted globalization. Another factor that has been responsible for globalization is the