Strategic Change Management Assignment Example | Topics and Well Written Essays - 6250 words

Strategic Change Management - Assignment Example For even the most successful companies, survival cannot be guaranteed. In many segments of the economy, organisation should have talent to adapt quick to change for their survival. When business organisations fail to change, the cost of failure may be quite high. For instance, Eastman Kodak Company was once a great successful business, but now it is in the doldrums as it failed to recognise changes that were happening in the industry. Eastman Kodak narrow-minded corporate culture assumed that its strength was its marketing strategy and brand, and it miscalculated the threat of digital cameras (Dan 2012). This research report will analyse why business is to give great significance to strategic change management, and if it failed to recognise the changes happening around it , it may become one of the 70 companies disappeared from the list of top 100 companies of Fortune magazine and how the Eastman Kodak failure is offering the costly lesson for not responding to changes with particula r reference to eBay by demonstrating how eBay is responding to strategic change management quickly and fastly to secure its market position. The strategic change involves enhancing the alignment between an organisation’s atmosphere, organisational design and strategy. Strategic change interventions include initiatives to enhance both the organisation’s association to its environment and the proper balance between its cultural, political and technical systems. Due to some major disruptions to the organization, the need for change is normally triggered such as a technological breakthrough, removal of regulatory needs or where a new CEO has been appointed who is hailing from the outside the organization. The speed of the international technological and economic development makes the change as an unavoidable factor for an organisation. Organisational development (OD) is designed by introducing the planned change to enhance an organisation’s

Analysis of Industrial Relations Law Research Paper

Analysis of Industrial Relations Law - Research Paper Example Her self-professed aim was to shift the balance of power in industry and restore management prerogative in the workplace. The extent to which her policies succeeded in transforming the character of production politics and industrial performance has been the subject of intense debate. One line of argument suggests that, in contrast to the Donovan reform strategy which failed to deliver significant performance gains in the 1970s, Thatcher's policies appear to have done the trick (Metcalf 1989). The potent combination of rising unemployment, tougher labor laws, privatization, and deregulation allegedly gave birth to 'new' industrial relations practices in the workplace and a corresponding improvement in productivity and competitiveness. The analysis which follows challenges this perspective. It argues that the system of industrial relations and employment regulation which came to dominate key sectors of the economy after 1945 was not conducive to industrial modernization: not, it should be stressed, for the reasons cited by proponents of the conventional wisdom, but because the trade unions and other regulatory mechanisms were too weak to force firms to abandon progressively outmoded business practices. The presence of a relatively cheap, disposable, and malleable labor force inhibited the emergence of high wage, high productivity growth strategies and helped entrench a relatively low wage, low productivity industrial system from which it is now proving difficult to escape. There is also a second sense, which concerns the academic study of industrial relations and its relationship to economics. Much more so than in other European countries and the United States, there has been a sharp demarcation line in Britain between the study of the institutions of job regulation and the study of their economic consequences. This may seem an academic point, but it is not without consequence, for this unwelcome division of academic labor has served to impede theoretical innovation and entrench established ideas, particularly the conventional wisdom. It is relatively uncontroversial to note that in the three decades after 1945 British industrial performance exhibited significant deficiencies as compared to other leading capitalist economies. Relevant performance measures in this context include output and productivity growth rates, the balance of trade, and investment in technology, plant, and people. The evidence of British underperformance is most striking in the case of manufacturing. Comparisons of output and productivity movements across time, sectors, and countries are fraught with measurement problems (Nolan and O'Donnell 1995). Nevertheless, the evidence--whatever its shortcomings-reveals a substantial and enduring shortfall between Britain's record and that of other leading economies. Fig. 5.1 charts the movements in manufacturing output and exposes a significant and growing gap between Britain and the other countries. For the period shown, domestic output has remained more or less stagnant.  Ã‚