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Change in an organization
Change in an organization
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DISCUSSING ORGANIZATIONAL CHANGE Lisa Thai HRMT-440 Colorado Technical University 4/18/2018 Business organizations in the industry are always experiencing changes in the business environment. This forces them to change their operations hence in order to coup with the changing business environment (Fletcher, 2004). The technology keeps on advancing hence the need for business enterprises to adopt the use of it in order to boosts its performance in the industry. Organizations that perform well in the industry starts to grow in size hence expanding their operations in the industry. The increase in size of a firm requires it to makes certain changes in its operations in order to incorporate the growth in its operations.
Comcast-NBC Universal on the other hand, is the fusion of three distinct organizations; Comcast Cable (founded in 1963), the National Broadcasting Company (founded in 1939) and Universal Pictures (founded in 1912), who were formed into a singular corporation in April 2013. Much like its rival corporation Disney, Comcast-NBC Universal is divided into similar divisions including television, theme parks and resorts and motion pictures. In contrast to Disney, Comcast-NBC Universal seeks to aim beyond the mainstream family market and creates media which appeals to all demographics. Examples of this include their animation division, Illumination Entertainment producing kid-friendly hits such as Despicable Me, their theme parks which gravitate towards families with older children and NBC’s primetime
Comcast Holdings has several strategic plans, which consists of: 1-) Investing in new technologies to build
Verizon’s Board of Directors oversees all auditing activities and they implement the code of ethics for all financial officers. Verizon has at least three members for their Audit Committee, which includes independent Directors who need to be financially literate. Also, the Committee Chair must have accounting or financial management expertise and at least one member of the committee must be a financial expert. The Board of Directors will choose the Committee members by their qualifications and are appointed annually by the Board of Directors. The purpose of the Ethics Audit Committee is to assist the Board of Directors in monitoring the integrity of the Verizon’s accounting and financial reporting and its internal controls, the performance
This weakness is also Comcast’s greatest opportunity because it is something they are well known for,
Comcast and Charter Communications recently announced agreement to protect and expand the emerging cellular phone market share by competing with other national providers such as Verizon, AT&T, Sprint and T-Mobile (Brian Fung, 2017). This collaborative effort is expected to provide more choice, innovative products and competitive prices for customers in each of their respective markets. Comcast projects that customers would get a discount on Xfinity Mobile if they already subscribed to Comcast Internet service. Market analysts have forecasted that the Comcast-Charter agreement may likely motivate mergers among companies within the telecommunication industry (Brian Fung,
Acquisition created value in a number of ways but it is only successful when it fit with corporate strategy of the organization. In the case of the horizontal acquisition of Verizon it creates value through industry attractiveness which created a mutual forbearance that led to higher prices and profits in all the markets. (PG 129) Values is also created through resources such as the amount of customers Verizon can attract to its products not only wireless but other data services it currently provided. While financially having Verizon wireless under it Verizon communication they do not have to share any profits but can use it internal on research and development.
While the rest of the world was watching movies Comcast was developing a plan and putting it into action. They were creating a plan to handle both of these paradigms and take appropriate actions to measure and manage the risk of the
Telstra is the company that is the front-runner in information as well as the communication services and it is considered to be the best brand known in Australia. The corporation offers services and it is also a major competitor in the telecommunication market in the whole of Australia and delivers more than 9.6 million in the Australian fixed line and greater than 9.3 million services of mobile which comprises of 3.3 million services of 3G. The key activities of the corporation are providing the basic contact amenities to the majority of the business and homes in Australia. It also has facilities of long and local distance telephone calls and international calls to and from Australia. In addition, it provides the facilities of mobile telecommunication,
From the strategic design lens organizations are seen as social systems deliberately constructed to achieve certain strategic goals. There are three key elements that form strategic design which is the following: strategic grouping, linking, and aligning. One of the largest Canadian companies, Rogers Communications Inc. employs approximately 26,000 employees, providing services nationally throughout Canada. Due to its operation in numerous provinces of Canada and offering of various services, Rogers Communication contains an organizational structure chart for each province which is segregated by means of service. As mentioned on their corporate website, the organizational structure of Rogers Communications is led by the Board of Directors, accompanied by officers, and then segregated by the following service divisions: Rogers Wireless, Rogers Cable, and Rogers Media.
It is the responsibility of the management to ensure that the employees are well informed of the changes and adapting well to the effect of changes without obstacles (Ford et al, 2008). Paton and McCalman (2008) affirm that
1. INTRODUCTION Change is undoubtedly unavoidable for today’s organizations and likely to appear in increasing rates in the future (Tetenbaum, 1998, Armenakis & Harris, 2009). Therefore it is not surprising that organizational research has addressed this topic repeatedly over the last decades, trying to find ways that help organizations in overcoming the obstacles during the change process. Still, looking at the success rate of organizational change reveals a sad picture. In 2000, Beer and Nohria estimated that out of all change initiatives, 70% are bound to fail, thereby mostly attributing failure to the rush, in which organizations want to make change happen.
Hence, leaders need to be prepared and manage readiness to the alteration by making an environment of honesty and transparency for their team as a successful implementation of the change is unlikely. Employees must be part of the change hence, they must to be told about the requirement of the change and be given a reward to motivate to embrace the change. If change be accepted by all recipients it can be implemented quickly and effectively. The leaders’ attitudes and behaviors have both positive and negative alterations on the change success. Therefore, leaders of organizations need to try and develop a more framing and shaping behavior, adding skills on themselves to change and motivate the subordinates towards the embracing the change.
My experience in Change Management is very limited. The theoretical knowledge I have acquired during the first four weeks of this module has made me realize that transforming organizations is a difficult and complex task. I have read case studies mentioning the unique contribution of change leaders whose role is to talk to people’s hearts and minds. I have also understood how important is to reconcile conflicting interests and emergent tensions between top-down transformation initiatives and functional operations. Despite the widespread belief that managing change is tough, there is little agreement regarding the factors which influence change the most.
, tremendous amount of energy is required to combat the reactionary tendencies. Change Management assumes the profile of old v/s new rather than innovation. 1. This model can give excellent operational and human potential developmental results. Role of supervisor becomes redundant; reinvention of a more diversified job profile has to be done.