Friday, September 13, 2019
Organisational Change Management Essay Example | Topics and Well Written Essays - 3000 words - 3
Organisational Change Management - Essay Example A company is the life source of the area in which it is situated. For it to attain such a status, the dependability of the people in that area is of paramount import. This is because they are the ones that regulate the performance of the company; whether it will be a profit making enterprise or incur losses (Vakola, 2005). Its manpower is but one prong of development, for there is the management of the company that is to be considered. The management is characterized by the decision makers of the enterprise. This is tiered depending on the level of involvement in the functioning of the company (Alvesson, 2002). Another aspect of D2 as a company is its products and services. This wholly depends on the purpose it sets out to achieve, after analyzing a multitude of factors including the intended competition and the forecasted market forces (Fleming, 2012). This three tier approach at looking at the productiveness of D2 as a company is what leads to a productive company or a loss making enterprise (MARCHINGTON, 2001). Every business venture sets out with one goal in mind, profit making; and to achieve this, careful thought and practice should be put into the companyââ¬â¢s framework and proposed forms of implementation (Shuck, 2011). Key among this is the companyââ¬â¢s ability to adapt to the changing environment so that is can maintain its status as a going concern. It should be versatile enough to be able to conform to its immediate and portended environment (Beer, 2000). This is the mark of a good company. This is guided by the different and varying economic climates that are common in any field of trade, e.g. inflation, recession and the stabilization of the market (Fleming, 2012). This paper seeks to analyze the likely results of D2ââ¬â¢s proposed change as relates to its manufacturers, workforce and product development. It seeks to determine the impact that cutting back and reinventing would have on D2 which is a French car components manufacturing co mpany (Shimon L. Dolan, 2002). Discovery As D2 grows, it would be guided by the objectives it intends to meet as it seeks to maximize profits. These factors include the companyââ¬â¢s structure, its competition, its ability to change to reflect the changing economic times, economic climate and its management potential (Handy, 1976). This paper will focus on D2ââ¬â¢s ability to change to reflect the changing economic times and the varying economic climate of the economy. Ability to adapt to changing Economic Times D2ââ¬â¢s ability to metamorphosize is a very important aspect of the company. This is because it is regulated by its external and internal market forces. These directly influence what state the company will be in when it makes its returns (Fleming, 2012). The companyââ¬â¢s ability to change cannot be gainsaid, and it goes to the purpose and strategies employed within the company. It requires a wholesome approach to its portended development for it to successfully adapt to its environment (Md Zabid Abdul Rashid, 2004). Economic Climate The economic climate is the main
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