StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Essay example - Organizational Change Plan

Organizational Change Plan Essay example
Pages 24 (6024 words)
Download 2
Organizational Change Plan

Background of the change situation
In the course of planning for change adoption, before the technical, tactical, and practical issues are discussed, it is important to first address the Big Picture (Humphreys, 2005). …

Extract of sample

The situation to be discussed in this case is no exception: the desired change should first be situated within the greater context of the company’s overall goal, in order to determine how best to take the company from its present to its desired status.
The present situation
Ranchers Bank (RB) is a $3 billion financial services firm that exclusively deals in extending loans to farmer and ranchers for agricultural purposes. It operates solely in Texas and employs 1,000 loan officers in 254 offices located in each county. RB is a traditional bank which waits for clients to walk into its local offices to apply for loans. For several years, the agricultural sector has experienced zero growth, and the company’s profitability has suffered as the rate of new business generated is only half of the rate of payoff. There is a strong possibility that if RB continues doing business the same way it has done so for the past 30 years, it shall eventually end up in bankruptcy.
The strategic goal/s
RB’s principal goal is to stay viable and avoid bankruptcy; since bankruptcy is inevitable if the bank maintained status quo. RB therefore needed to change from the status quo merely to survive. This leads to the secondary goal – that of growth. ...
Download paper
Not exactly what you need?

Related papers

Organizational Change
A change thus formulated can bring optimum results in the field of enhanced outcomes of information processing with the achievement of expectations set for organizational communication orienting consistency of the stakeholders. Organizational Change According to McNamara (n.d.), organizational change management is very essential for almost every business organization and it is important to see…
9 pages (2259 words)
Organizational Change Business Essay.
The utilization and implementation of change management is needed to turn this company around. H-P since its inception manufactured computers as one its core business strategies. The organization is currently considering a spin-off of its personal computer business which generated over $40 billion yearly revenues. It is looking to move the company in another direction. “H-P has agreed to pay…
3 pages (753 words)
Organizational Change: Critical Analysis
It is very much needed in present world as globalization progresses. Geographical barrier is the thing of the past in the surge of the information age. The internet allows people to share information without leaving their geographical location. People can conduct business anytime and anywhere. Changes in the environment are also rapid as the climate change, pollution and other forms of…
8 pages (2008 words)
Organizational Change and Development
Argument The proposed research builds on the assumption that organizational change is the concept with no clear boundaries and draws on a number of traditions and social science disciplines (Hughes 2006). The complexity of the organizational change phenomenon justifies the presence of multiple change management perspectives. Interpretation of the issue That organizational change is interpreted in…
4 pages (1004 words)
Organizational Change: Peppercorn Dining
The paper considers the problem identification from the different sides. From the perspective of the initial step, i.e. entry or problem identification, it has been viewed that the morale of the employees in Peppercorn Dining was lowering irrespective of the fact that the organization attempted to largely value the productivity of its staffs. In this regard, the organization was willing to make…
7 pages (1757 words)
Managing Organizational Change
Through this report the necessity of a change in organization will be uncovered. Along with it the forces which are responsible for the change will be also identified. Once the requirement of a change is identified the most important task is to implement it successfully. Change is a continuous process and involves several stages. A successful change passes through a number of sequential stages. In…
8 pages (2008 words)
Managing Organizational Change Essay
It is a way of altering an existing organization to increase organizational effectiveness for achieving its objectives. Organizational change is primarily structural in character and it is designed to bring about alterations in organizational structure, methods and processes. (Nilanjan, S et al,3 2006) Change is endemic to all organizations operating in business markets which involve improvements…
14 pages (3514 words)