StudentShare solutions
Triangle menu

Stategy And Change - Essay Example

Nobody downloaded yet

Extract of sample
Stategy And Change

Accepting the fact that change is inevitable individuals and businesses have directed effort to equip for change management than resisting to retain current status. Change management, simply stating implies efforts and mechanism employed for the meeting the demanding pressures of adaptability from change. Jung (2001) defined change management as transition from one stage of existence to the other. In accordance with Jung (2001) the stage from which the individual and business are attempting to move from can be defined as the state of problem whereas the state to which the efforts are intended to direct the subject is the state of problem solution. Change management is broad domain of study. Change management can be required in the product portfolio, business processes, organisational culture, people, technology, structure and so on so forth (Daft and Marcic, 2006). Each aforementioned sub- domain, though not limited to, has its own expansions. For instance the change management in the technological domain has been among factors that have taken lead in today’s organisational context. ...
team based structure from traditional formats of increasing hierarchy levels. Apart from the change management in various components of business another classification of change has been emergent change and the planned change. Former refers to the situation where business on whole or the processes are forced to change with the changing business environment. The latter mode of change is one in which organisation deliberately plan to change. For example, organisations in the contemporary business world are forced to infiltrate efficiencies in their business model that are mere necessary for survival. Marks and Spencer being among the most preferred brands of UK faced steep decline in sales in 1990 due to increased low cost offerings in UK market from competitors having manufacturing set ups in cheap labour emerging markets. In contrast to M&S strategy of providing “Made in UK” incurred increased cost. Therefore, M&S had to adapt to change with business model shifting manufacturing from local country to low cost emerging countries. While planned change example can be seen as today’s businesses are moving towards sustainable business models such as improving entire business processes to energy efficient process or using renewable energy etc. Planned change has significant distinction from the other changes mainly. As name implies the planned change is intentionally initiated by the people for particular purpose. Further also noticeable fact is that planned change has preparations done and planned it accordingly. However, even within planned change the response to change varies such as some change implementation requires autocratic imposition whereas participative methodology is also adopted based on the wide range of ...Show more


“IS THERE ONE BEST WAY OF MANAGING CHANGE IN TODAY’S BUSINESS ENVIRONMENT?” World has become extremely fast paced in the current time. Due to increased interconnectivity every change in one corner of the world has been affecting the entire world. Example of recent global financial crises best suits to the proposition as the change in the business market in one economy had rippled impact on almost entire economies of the globe…
Author : averypfannersti
Stategy And Change essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Stategy And Change"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

The major reasons include enhancing their different working activities, attaining significant revenue along with market share and maintaining profitability as well as productivity of the corporations. Moreover, the business organizations also prefer change for making alterations in their business objectives, reorganizing the operational functions, making technological related transformations and also for attaining service or product associated changes.
8 pages (2000 words) Essay
The last 20 years or so have notably seen many hospitals change their institutional environments to reflect both changing times and needs. Some trends like shifting to prospective payments from cost related reimbursement, technological advancement and management of care plans among others have hugely influenced how hospitals are being managed today.
5 pages (1250 words) Essay
Business Stategy - Transforming Sanofi-Aventis
It’s one of the leading companies Sanofi-Aventis currently has presence in more than 100 countries of the world with more than 100,000 employees who are working to improve healthcare. Sanofi-Aventis’s global headquarters are located in France and Paris.
16 pages (4000 words) Essay
Describe a situation where you saw an opportunity to affect change. Explain the change, your stategy, and the final outcome of t
Indeed, one such incident has made me realize that each individual can become a powerful driver of change. I love to contribute financially or in kind to the community development and often do so voluntarily through local charities. But I am not in favor of forced donations to the charity representatives who have increasingly started harassing people in the supermarket.
1 pages (250 words) Essay
Business Stategy - Transforming Sanofi-Aventis
Sanofi-Aventis’s global headquarters are located in France and Paris. (Fred Pringle, Brian H. Kleiner. 1997) Sanofi-Aventis’s product portfolio
16 pages (4000 words) Essay
Describe a situation where you saw an opportunity to affect change. Explain the change, your stategy, and the final outcome of the situation. Also what contribution can you bring to enhance YBWS
I love to contribute financially or in kind to the community development and often do so voluntarily through local charities. But I am not in favor of forced donations to
1 pages (250 words) Essay
This theme, of change, is demonstrated by the author from the onset of the novel, and is evidenced throughout the rest of the novel to its ending. In the novel, Malouf
2 pages (500 words) Essay
In addition, the research provided detailed information concerning the benefits and drawbacks of raising equity finance and in particular to Peter and Julie`s concept. Furthermore, the research could not have been any better without discussing
10 pages (2500 words) Essay
Change directly fosters or indirectly encourages resistance to the new elements being introduced into the normal or usual way of doing things. Resistance is most noticeable in humans, whose daily activities are susceptible to
1 pages (250 words) Essay
Report 1b
The media also acts an informer, this is where the mistakes and blunders of the people are openly exposed. This will help those affected to realize their mistake hence to makethe appropriate corrections. Basing on this the
4 pages (1000 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment
Contact Us