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Topic: Change Model – Initial Application - Assignment Example

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It is very much true that the today’s business environment is forcing organizations for changes. If it is seen from corporate point of view it is vital for the organizations’ success to be…
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Assignment Topic: Change Model – Initial Application
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The question is why organizations need changes. Changes are required in different situations and organizations` conditions. In organizations, there is always a necessary force which pulls management for minor or major changes in order to maximize its profits. In addition, there are varieties of environmental factors which can influence need for the change. Learning plays an important role in understanding change in an organization. (Park, Krishman 2003) The work of Allen and Strathern (2003) helps in understating difficulties in learning process in a complex system.

For this paper we have selected McKinsey & Company, the world famous management consulting firm. The paper will discuss historic changes in the organization and identify change models it used. The paper will also discuss the impact of changes on the performance of organization. The McKinsey & Company, a global management consulting firm, was founded in 1926. The company operates under a ‘one firm policy’ which requires all consultants to be hired and advanced on a organization-wide basis, all clients be dealt as McKinsey & Company responsibilities, and that firm’s earnings be distributed from a ‘firm pool’, not an ‘office pool’.

At present, within the organization there is more emphasis placed upon expanding geographically and new practice possibilities, and less emphasis on technical development and professional skills. The major design that the organization thinks should be correct was the uneven emphasis placed upon expansion and new practice policies and technical development and professional skills. For making necessary changes, the organization took many actions. First of all, it shifts its focus to more formal development of the companys functional expertise in areas such as strategy, organization, and operation.

Secondly, the firm

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