Finance & Accounting
Pages 8 (2008 words)
Although workforce plays a considerable role in the process of such changes, it has been an observation that leaders and managers are the major stakeholders who decide the direction and execution of change, and thus, their capability and adequacy are very imperative for the success of an organizational change…
In this regard, leaders responsible for planning and implementation of the change must be able to understand different factors of change and in situations where such an understanding is absent, organizations have been experiencing failures in the process of change. For this reason, the proposed research will be focusing on one of the major factors of organizational change, educational level of leadership, and subsequently, importance of educational and understanding level in the workforce as well (Williams et al, 2002). In specific, changes in organizations are observable in various forms, such as technological change, structural change, strategic change, and thus, these initiatives require a huge amount of effort for the success; however, lack of importance of educational level results in contrary results. In this regard, proposed research will be an attempt to identify and analyze different processes and procedures associated with the organizational change that will provide beneficial outcomes to the business community.
In addition, it is an observation that due to such a significant importance of organizational change, leaders do not only have the responsibility of carrying out the process of change in an organized manner. However, at the same time, they should continue the process of evaluation of management competency, and in other words, educational level of leadership, as well as the workforce that will be crucial to the success of changes in the organization (Poole, 2000). ...