Nobody downloaded yet

Management of Change In Sustaining and Growing Business - Research Paper Example

Comments (0)
This paper is a review of a change management process in a practical setting. The organization that will be studied is the Ithmaar Bank headquartered in Bahrain. Apart from a practical review, the basic theories on change management and other relevant literature will also be reviewed here…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.7% of users find it useful

Extract of sample "Management of Change In Sustaining and Growing Business"

Download file to see previous pages The concept of organizational change management has come under serious study by experts from diverse fields such as sociology and anthropology. As a result, many observations, theories, and models on managing change have evolved over the years. This paper is a review of a change management process in a practical setting. The organization that will be studied is the Ithmaar Bank headquartered in Bahrain. Apart from a practical review, the basic theories on change management and other relevant literature will also be reviewed here.
Ithmaar Bank: The Bank is a multinational financial institution headquartered in the Kingdom of Bahrain and is also a stakeholder/owner of other companies. The change process was initiated for better service and productivity so that it benefits its shareholders and customers alike. The mission statement as envisaged by its CEO is as follows: “while being an exemplary corporate citizen and employer” the bank seeks to “deliver superior returns to our shareholders” and “to provide excellent service and value to our multilateral, governmental, corporate, financial, institutional and high net-worth clients through a wide range of Islamic financial services” (Ithmaar Bank: Vision, mission, and Values). The organizational changes implemented were rewarded with the recognition of the Bank’s chairman as ‘Islamic Banker of the Year by the World Islamic Banking Conference in 2008. One area of necessary change in order to achieve the mission statement was in the customer service section. This paper will deal with the changes in that section of the Bank’s private banking department situated in its headquarters in Bahrain. ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Management of Change In Sustaining and Growing Business

Growing of the Business

...?Question a) Imagine that you are Sanjay Anand, owner of Madhu’s, and you are considering how to grow your business. You decide to complete a SWOTanalysis so you can fully understand where the strengths and weaknesses of the business lie. You should evaluate the strengths, weaknesses, opportunities and threats for its human resource management, accounting and finance, and marketing functions. You should then summarise, in a short paragraph, which parts of the business you need to strengthen. Madhu’s, an Indian restaurant, as well as the catering and ready meal businesses owned by Sanjay Anand, is a relatively successful organization that...
10 Pages(2500 words)Essay

Business change Management

...). With the intensely growing technologies and realigned work places, companies need to focus on changing their ways of doing business as well as the relationship between the employers and employees. Organizational change is a term generally used for an extensive change within the organization where companies try to change, implement or also reengineer their processes. In most cases, organizational change tends to be radical and can lead to reorientation of the business. Any change within an organization is generally based on external factors that impact them and form the driving force....
12 Pages(3000 words)Essay

Change Management (Business) Marketing Study

...influence in the construction industry market. Change Management Traditionally, construction contracts have been decided based on the acquisition of cost, material, and production contracts. The research above, however, shows that the construction industry must begin to respond to sustainable environment changes in the context of innovation, creation, and building of construction contracts. There is a need in the global market to recognize and develop away from the tradition cost-process and towards the ideals of sustainable-environmental. That is not to say that the construction industry has been ignorant of the environment, but that, traditionally,...
13 Pages(3250 words)Essay

International Business - Change Management

...International Business Introduction The case study described in this article represents one element f a more comprehensive project relating to the management f change in general, and two specific approaches in particular. The case study The company The case study, which inter alia aimed to investigate the issues just highlighted, was undertaken in the Northern Ireland subsidiary f British Telecommunications plc. This subsidiary, BTNI, is a semi-autonomous unit, largely because f particular conditions prevailing in the Province. To quote the quality support manager: "(BTNI) is run as a stand alone company. We have to fight our own corner and win our own battles". In...
10 Pages(2500 words)Case Study

Business Change Management

...Business Change Management Introduction The advances in technology and the fast modernization of the world, in general, opened new and very promising avenues of business opportunities not just in an individual's locale but also abroad. A lot of business-minded individuals from different countries with different nationalities and cultural orientation have and continuously defied the geographic boundaries that exist between continents. This is evident in the growing number of internationally-operating business firms all over the world run by entrepreneurs of varying race and culture. The information man has successfully...
14 Pages(3500 words)Essay

Change management in business

...Serapio Maria Perpetua A. Serapio Academia - Research Topic: No Topic December 12, 2008 Right to Confrontation Under the United States Constitution, the Sixth Amendment provides that "in all criminal prosecutions, the accused shall enjoy the right to be confronted with the witnesses against him." This particular right is usually termed as the Confrontation Clause. 1 According to the law, "the primary objective of this constitutional provision is to prevent the presentation of the deposition of ex parte affidavits. This prevents these documents from being used against an accused in lieu of a personal examination and cross-examination of the witness in which the accused has an opportunity not only to test the recollection... Maria Perpetua A. ...
1 Pages(250 words)Essay

Renault-Nissan: The Challenge of Sustaining Strategic Change

...Re: Renault-Nissan: The challenge of sustaining strategic change Executive SummaryNissan was facing tough challenge in regards to meeting customer demands and thereby in gaining on its market share and revenue increments. This fact made it unable to reduce the impact of debt and in rendering dividends to shareholders. Thus the company focused on gaining assistance of Renault to help enhance on its productivity and profitability dimension. The paper in this regard focuses on evaluating the challenging conditions of the company and the changes that the company can bring about to revive its bygone position. In that the paper focuses on conducting an environmental analysis and thereby in...
8 Pages(2000 words)Case Study


... unproductive use of technologies. References Higgins, S., Xiao, Z. & Katsipataki, M. (2012, November 26). The Impact of Digital Technology on Learning: A summary for the Education Endowment Foundation. Full Report. London: Durham University Education Endowment Foundation. Richtel, M. (2010, November 21). “Growing Up Digital, Wired for Distraction.” The New York Times. Retrieved January 12, 2015 from: of Digital Technology on Education Introduction Digital technology poses profound effects on academic performance. Students, who spent more time on social media at the expense of their academic obligations, suffer from a variety of challenges including...
1 Pages(250 words)Assignment

Staffing a Growing Business

...Staffing a Growing Business Major Potential Legal Issues and Achieving Transparency within the Staffing Model Introduction Equal employment opportunity entails both affirmative actions and non-discrimination in the workplace. Equal employment has altered the way corporations and businesses recruit, hire and act in their environments. These changes have resulted due to increasing number of women, persons of varied ethnic and racial backgrounds, people with different ages and abilities, and various religious beliefs. In an attempt to acquire employees with the needed certification and credentials and to establish equal employment chances and diversity within the workplace, the Human Resource Manager will encounter some legal issues... the...
4 Pages(1000 words)Research Paper

Management of Change Business Simulation

...Management of Change business simulation Table of Contents Introduction 3 Making a Mistake in the beginning 3 Explanation 4 To Involve Everyone 4 Experience 5 Accept Challenges and Stop Blaming Others 5 Evaluation 6 Helping Others and Reduce Communication Gaps 6 Perspective of the Competency 7 Quick Response 7 My Effort 7 Academic Book 8 Related to My Situation 8 Academic Research 9 Related to My Experience 9 Academic Review 9 Relation Challenges Faced by me 10 Academic Book 10 Relation With the Effort 10 Review Book section 11 Relation With My Experience 11 Justify an importance of each competency 11 Making a mistake in the beginning 11 To involve everyone and stop blaming...
13 Pages(3250 words)Assignment
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.

Let us find you another Research Paper on topic Management of Change In Sustaining and Growing Business for FREE!

Contact Us