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MBA - Essay Example

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Managing Change is a critical element in achieving organizational success in the 21st Century Contents Part A 3 Background 3 Objectives 4 Description of the research 4 Key Findings 4 Part B 6 Summary of research evidence traced 6 Future Research 11 Conclusion 13 Reference 15 Bibliography 16 Part A Background The literature review is undertaken in order to find evidence that managing change is critical in achieving organizational success in the 21st century…
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Download file to see previous pages To manage change is tough but the actual problem lies on the fact that there is no or little agreement regarding the factors which transforms the initiatives in organization (Metre, 2009, p. 1). There are authors who have stressed upon the fact that the main reason for failure of initiatives is due to resistance to change. Resistance to change often tends to include delays as well as cost into the change process. But resistance is also considered as useful source of information which helps in the development and learning process of the organization in a successful way. It has been proved that resistance to change is one of the key subjects in managing change in an organization (Val & Fuentes, n.d). Also with an increasing globalization, change in technology and deregulation along with a shift in the socio cultural trends, thus few would like to dispute that the most important task for the management is the leadership of managing organizational change (Todnem, 2005, p.2). Therefore in this context it becomes increasing necessary to reflect on the type, extent and change both for small and big organization in order to survive and thus sustain themselves in the changing business environment (Sengupta & Bhattacharya, 2006, p.1). Objectives The main objective in conducting the study is to find out whether change is important in the process of the development of the organization in the era of globalization. The following objectives will be discussed in order to confirm that the review of literature supports the given objectives. To determine why change is necessary The need for organizations to change and the forces of change To determine to what extent are the initiatives proposed are successful Description of the research The research on managing change in the organizations in the 21st century has been mainly taken from secondary sources especially books and other academic sources. Apart from books and academic sources some journals were also used. Mostly books were used because journals were not available at an ease like books. Some of the books and academic source includes, Metre, C. (2009). Deriving Value From Change Management. Griffin, R. W. (2011). Fundamentals of Management. Cengage Learning Zeffane, Rachid. (1996). Dynamics of strategic change: critical issues in fostering positive organizational change. Smith, Ian. (2005). Achieving readiness for organizational change. Key Findings The report mainly focuses on analyzing the fact that managing change is essential for organization in the 21st century in order to success and stay ahead of its competitors and achieve a competitive advantage. GE has managed to apply changes in its organization by following the process by Lewin’s notion (1947) which includes unfreezing, refreezing and movements were some of the essential components of change. The model primarily focused on the role of the leader in the process of creating change as well as communicating and crafting the vision, leading it and finally measuring progress of the change implemented across the dimensions of is organization. Figure 1: GE 7 step change model (Source: Metre, 2009) In addition to GE, the changes that has helped P&G reached at the top level is also been discussed (ICMR, 2004). Part B Summary of ...Download file to see next pagesRead More
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