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

Innovation and Managemnt of Change - Essay Example

Cite this document
Summary
When Marcus stepped down and Blank came in office of Home Depot, the structural frame of Home Depot's organizational culture is drawn from the management. The company's culture emphasizes goals, specific roles and proper relationship. The company focuses on designing an outline of roles and formal relationships that will achieve the company's goals (Jaffe, 2000)…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.3% of users find it useful
Innovation and Managemnt of Change
Read Text Preview

Extract of sample "Innovation and Managemnt of Change"

Download file to see previous pages

Furthermore, structure is also a means to high-performing teams. Mindful awareness to structure and roles in teams will make the team much more successful. When it comes to leadership, structural leadership contributes a critical role in shaping organizations. It can be influential and stable, even though it is more restrained and less heroic leadership compared on other frames. Upon the entrance of Nardelli in Home Depot, there were major changes in hiring of new employees. Nardelli, wants to hire people with military background, ex militaries or even the wives of military officers (Pascual, 2001).

Because for him they have a sufficient training and great leadership skills. For Nardelli, . A leader should be credible for him to lead. In addition to this characteristic, a leader should possess honesty, competence, aspiration, and a forward-looking approach. In the business point of view, good leadership proves to be quite beneficial. Good leadership aids in effectively meeting job-related demands, in creating higher-performing teams, in fostering renewed loyalty and commitment, in increasing motivational level and in reducing absenteeism and turnover of employees.

Unfortunately, this so-called effective leadership is not that easy to attain; effective management is not as easy as writing down notes. Good leadership entails a lot of hard work, dedication, and many other factors (Revelle, 2003). This is the reason why there should be proper management flow within the organization. Since an organization's culture is about how much members trust each other, about attitudes and emotions and their impact on team performance, organizations are defined best in these terms and in ideas like change, trust, cohesion, conformity and adaptability.

The importance of high work life quality through good supervision, working conditions, pay and benefits as well as challenging and rewarding jobs. As such, it is apparent that the employees need to avail of the opportunities of developing their skills further and enriching their knowledge through the training programs and exercises that their company invests on (Maeir, 2003). As leaders and managers, managing the information that the company uses in its daily operations is crucial in any business organization.

Information is the blood stream of every company on which every staff; employee and supervisor work on to be able to meet the demands of the clients and customers of the business. In addition, culture and environment of an organization tend to play a large role in determining structure (Scholosser, 2004). For example, more formal, bureaucratic organizations tend to have formal structures, while less formal organizations often choose flatter structures with dispersed responsibilities. Basically, social interaction is the main essence of living.

People gain knowledge of themselves and those with whom they interact based on many characteristics that become salient based on their cultural framework. For example, to an American the car that one drives has symbolic significance, whereas to an Indian, schooling is an important sign of position and status. It is through various types of social interactions that all people define themselves within their social community, and this self-definition lies at the very heart of human endeavor. People struggle with a desire

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Innovation and Managemnt of Change Essay Example | Topics and Well Written Essays - 3750 words”, n.d.)
Innovation and Managemnt of Change Essay Example | Topics and Well Written Essays - 3750 words. Retrieved from https://studentshare.org/miscellaneous/1503764-innovation-and-managemnt-of-change
(Innovation and Managemnt of Change Essay Example | Topics and Well Written Essays - 3750 Words)
Innovation and Managemnt of Change Essay Example | Topics and Well Written Essays - 3750 Words. https://studentshare.org/miscellaneous/1503764-innovation-and-managemnt-of-change.
“Innovation and Managemnt of Change Essay Example | Topics and Well Written Essays - 3750 Words”, n.d. https://studentshare.org/miscellaneous/1503764-innovation-and-managemnt-of-change.
  • Cited: 0 times

CHECK THESE SAMPLES OF Innovation and Managemnt of Change

Innovations management in organizations.Eastman Kodak Company

The difference between these organizations Normally change cannot be managed, all organizations can do is going ahead of change, and it is those who lead change that are able to survive in the dynamics of technological environment.... Role of leadership, culture and process in the success of innovation Just as mentioned in the previous paragraph, it is the role of organizations leaders to enhance and embrace innovations within the management systems of organizations; it is them who are make policies that govern organizations, and therefore, have powers of developing and enhancing various cultures, including cultures of change and innovations within organizations....
4 Pages (1000 words) Assignment

Innovation and Management of Change

Being a head in the market conditions is possible with innovation and this can result in change in the conditions and the environment of the company.... The innovation and changes it brings in the organizations can be analysed by a frame work and different models.... These are useful in assessing the effectiveness of innovation and change.... This tells that the innovation and change also should be brought in these elements uniformly so that they effect each other's operations positively....
13 Pages (3250 words) Essay

Management of Change and Innovation

The management of change is now commonly viewed as a complex and difficult area worthy of special attention and study (Buchanan and Boddy, 1992).... There are in general three broad categories of change: Changes in people: Such a change involves changes in attitudes, expectations, Perceptions, Behavior etc.... This type of change is also brought about when employees retire, quit, and/or are transferred, promoted, demoted or fired.... This type of change generally results out of innovation....
14 Pages (3500 words) Essay

Innovation and management of change

The innovative culture that was present in the decade will be analyzed in this paper and related to the theory studied in the module.... The Fragmented Corporate Culture and architecture of Whirlpool… The company Whirlpool had a Fragmented Corporate Culture in the mid 1990s when Whitman joined the company as the CEO....
4 Pages (1000 words) Essay

An innovative Leadership Development Programme

However, the managers or leaders face challenges on the innovation of the new leadership development programs. GE as a company launched an innovation… The program was called “Leadership innovation and Growth” (LIG).... Deschamps (2008) notes, “The program main objective was to stimulate innovation and growth within the organization”.... The leadership development programs at times fail to drive the real change expected as the leadership or managers do not go together in the course of the learning process....
4 Pages (1000 words) Coursework

Finance for Innovation

This paper discusses different sources of finance for innovation with a reference to a specific innovator and the impact of the recent global financial crisis on the availability of funding for innovation.... hellip; This research will begin with the definition of financial innovation as a creation of new security elements, new and interesting money management approaches, but generally, financial innovation is about a financial idea or instrument that differs what has been there before thus having the potential to be desired in the end....
10 Pages (2500 words) Essay

Change & Innovation in Car Manufacturing

Thus, the activity which provides transformation of ideas into innovation and also forms a control system of this process is an innovative activity.... The general scientific concept "innovation" is defined as a target change in system functioning.... The general scientific concept "innovation" is defined as target change in functioning of the system, and in a broad sense it can be high-quality and (or) quantitative changes in various spheres and system elements....
10 Pages (2500 words) Essay

Organizational Culture and Innovation of Microsoft

This is leading to stakeholders who are deciding not to invest in the company… While Microsoft still has a strong standing in technology because of the brand identity and long history of providing products, there are now complexities based on the lack of innovation and growth, as well problems with product quality.... The vision is to ensure that all computer tools are recognized as a top brand with the ability to continue to provide innovation and growth on a world wide level....
13 Pages (3250 words) Research Paper
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