The concept of organizational change is in regard to organization-wide change, as opposed to smaller changes such as adding a new person, modifying a program, etc. Some experts refer to organizational transformation. Often this term designates a fundamental and radical reorientation in the way the organization operates.
Change affects everybody, every business, every industry, every day. If you want to create a better future and succeed in your professional and personal life, you must understand the driving forces of change and how to lead, embrace and manage change.
Generally change means making things different, to replace with another, growth opportunities. Change is life. If there was no change, we would not exist. Change is inevitable. In today's world, the only thing which is inevitable for all of us is constant change .As we progress from child through adulthood to old age, change happens, whether we like it or not.
Chapter 4 leading change and innovationMohsin Akhtar
Leading change and innovation
1.roles and attitudes
2. technology
3. strategy
4. economic or people
change process
stages in change process
stages in reaction to change
prior experience and resistance to change
reasons for accepting or rejecting change
This a simplified presentation to Implement Change,utilizing the Prosci-ADKAR Methodology and some of my personal modifications. I think this first part will help many to understand the Prosci-ADKAR methodology, along with an easier overview of change itself
Generally change means making things different, to replace with another, growth opportunities. Change is life. If there was no change, we would not exist. Change is inevitable. In today's world, the only thing which is inevitable for all of us is constant change .As we progress from child through adulthood to old age, change happens, whether we like it or not.
Chapter 4 leading change and innovationMohsin Akhtar
Leading change and innovation
1.roles and attitudes
2. technology
3. strategy
4. economic or people
change process
stages in change process
stages in reaction to change
prior experience and resistance to change
reasons for accepting or rejecting change
This a simplified presentation to Implement Change,utilizing the Prosci-ADKAR Methodology and some of my personal modifications. I think this first part will help many to understand the Prosci-ADKAR methodology, along with an easier overview of change itself
Business Agility-Leadership-Imperative Coffee Talk
In today’s volatile business environment, leaders with the ability to anticipate change and make fast and effective performance decisions can enable high performing teams that drive organizational agility.
In his session, Ramana will share his thoughts and explain features, facts and imperatives that enable Leadership Agility
The Ultimate List of Change Management Tools to Drive Change Like a Pro by Creately with 11 Editable Templates. Creately offers several diagram templates which can be used instantly to draw diagrams for your company's Change Management Process. Many types of Change Management Diagram templates can be found on our diagram community. Popular Change Management diagrams are available for free. Just click on the "Use as Template" button to immediately start modifying it using our online diagramming tools.
Leading change management has come a long way since the time resumes had to be hand-delivered by candidates to apply for a job. No wonder it has grown from being a luxury to a necessity for recruiters.
This Presentation will address the following areas of the hiring cycle:
Change Management and Leadership
Need & Relevance of Change
The Change Process
Approaches to Change
Models of Change
Impact of Change
Resistance to Change
Importance of Change Leadership
Importance of Change Leadership
Change Leadership in Action
For more info:
www.hackerearth.com/recruit
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Learn how to implement a well thought-out management of change process into your operations to lessen impacts on safety, environment and reliability. Putting into place such a process will not only save you money on maintenance costs but help you to recognize and prioritize the changes which carry the most added value for your business. All of this is done, of course, as part of a simple and efficient process.
Organizational change in transition periodMasum Hussain
As the Greek philosopher Heraclitus (525 – 475BC) pointed out: change alone is unchanging. Nowhere is this truer than in corporate North America. Globalization; quantum leaps in technology; mergers and acquisitions; shifting markets and client demands; and, significant changes in the workforce make changing to survive a strategic imperative. All organizations need to have a greater reach, be in more places, be aware of regional and cultural differences, and integrate coherent strategies for different markets and communities. (Kanter, 1999) Failure to change, to change rapidly enough, or to make the right changes, has turned corporate giants into subsidiaries, seemingly overnight. With change having been a constant for over 2500 years, why are businesses still so bad at managing it? Why do so many change initiatives wither and die leaving only confusion and mangled processes in their wake? This paper explores some of the reasons corporate change programs fail and offers some ideas as to how organizations institutionalize change to become a constantly evolving success story.
Business Agility-Leadership-Imperative Coffee Talk
In today’s volatile business environment, leaders with the ability to anticipate change and make fast and effective performance decisions can enable high performing teams that drive organizational agility.
In his session, Ramana will share his thoughts and explain features, facts and imperatives that enable Leadership Agility
The Ultimate List of Change Management Tools to Drive Change Like a Pro by Creately with 11 Editable Templates. Creately offers several diagram templates which can be used instantly to draw diagrams for your company's Change Management Process. Many types of Change Management Diagram templates can be found on our diagram community. Popular Change Management diagrams are available for free. Just click on the "Use as Template" button to immediately start modifying it using our online diagramming tools.
Leading change management has come a long way since the time resumes had to be hand-delivered by candidates to apply for a job. No wonder it has grown from being a luxury to a necessity for recruiters.
This Presentation will address the following areas of the hiring cycle:
Change Management and Leadership
Need & Relevance of Change
The Change Process
Approaches to Change
Models of Change
Impact of Change
Resistance to Change
Importance of Change Leadership
Importance of Change Leadership
Change Leadership in Action
For more info:
www.hackerearth.com/recruit
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601
Learn how to implement a well thought-out management of change process into your operations to lessen impacts on safety, environment and reliability. Putting into place such a process will not only save you money on maintenance costs but help you to recognize and prioritize the changes which carry the most added value for your business. All of this is done, of course, as part of a simple and efficient process.
Organizational change in transition periodMasum Hussain
As the Greek philosopher Heraclitus (525 – 475BC) pointed out: change alone is unchanging. Nowhere is this truer than in corporate North America. Globalization; quantum leaps in technology; mergers and acquisitions; shifting markets and client demands; and, significant changes in the workforce make changing to survive a strategic imperative. All organizations need to have a greater reach, be in more places, be aware of regional and cultural differences, and integrate coherent strategies for different markets and communities. (Kanter, 1999) Failure to change, to change rapidly enough, or to make the right changes, has turned corporate giants into subsidiaries, seemingly overnight. With change having been a constant for over 2500 years, why are businesses still so bad at managing it? Why do so many change initiatives wither and die leaving only confusion and mangled processes in their wake? This paper explores some of the reasons corporate change programs fail and offers some ideas as to how organizations institutionalize change to become a constantly evolving success story.
ENTERPRISE RESOURCE PLANNING (ERP) AS A CHANGE MANAGEMENT TOOLIAEME Publication
Change is not just inevitable it is rapid, frequent and full of complexity. Today’s
business environment is characterized by something called as VUCA (Volatile,
Uncertain, Complex and Ambiguous). Those who don’t change perish. Change is
required not for growth alone, it is needed even to survive. Those who stay glued to
their old, orthodox, traditional and conventional approaches either will stay mediocre
or will be thrown out of the race. Resistance to change is an important management
topic and has been researched in depth by academicians across the globe. The
general observation as it is well known is that people by and large don’t like change.
ERP is one of the highly popular change management tool that has been used by
companies across the globe to integrate and rationalize their processes. The legacy
systems suffered from limitations. They were functioning in a stand-alone, silo mode.
However, this type of working created serious problems of coordination, duplication,
delays and dissatisfaction. Hence ERP emerged as a solution to seamlessly integrate
things so as to make the processes smoother, quicker, leaner and robust. The data
collection, storage and processing capabilities of ERP are huge and can benefit the
organization not only in terms of descriptive and prescriptive analysis but can also
provide ground for predictive analysis. This article discusses the concepts of change
management, resistance to change and then explores the role of ERP as a catalyst of
change.
Change management (CM) refers to any approach to transitioning individuals, teams, and organizations using methods intended to re-direct the use of resources, business process, budget allocations, or other modes of operation that significantly reshape a company or organization.
Managers, at one point or another, will have to make changes in some, if not all aspects of their workplace. These changes refer to organizational change, which is any alteration of people, structure, or technology. Most often, changes are initiated and coordinated by a manager within the organization. However, the change agent could be a non-manager – for example – a change specialist from the HR department or even an outside consultant whose expertise is in change implementation.
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Guiding Large Scale Organizational Changes In Today’s Economyiosrjce
This paper x-rays guiding organizational changes which is basically any alterations in people,
structure, or technology. Today’s change issues: changing organizationally cultures, handling employee stress,
and making change successfully are critical concerns for today’s managers. This means that a contemporary or
current manager must be well equipped to handle today’s dynamic and uncertain environment. The only
constant thing about change is that it is constant. Managers these days don’t have the luxury of dealing with
change only once in a while. No. the workplace now seems to change almost continuously. Being prepared isn’t
only for the Boy Scouts alone anymore, it should also be for managers dealing with a workplace that is
constantly changing. And being prepared means taking initiative ideas and being ready for the changes
Organizational Change Management for IT ProjectsDavid Solis
Final project of the Certificate in Innovation and Design Thinking.
Management organizational change framework to ensure the complete success of IT projects
Environemtnal influences on hrm-Stages of Analysis,Environmental Factors,Tanjin Tamanna urmi
Scanning: Identify early signals of changes and trends.
Monitoring: following some key indicators affecting organizations.
Forecasting: an attempt to protect the possible impacts on the organization.
Assessing: describing the impact monitored trends and make a adjustment of the possible outcomes.
Start with the value of an all equity firm
Sources of potential increases or decreases in value
PV of tax shields
PV of other benefits or costs of leverage
PV of benefits or costs of control changes
PV of benefits or costs from M&As
Exchange offer mechanics
Provides one or more classes of securities, right or option to exchange part or all of holdings for different class of securities of firm
Terms of offer involve new securities of greater market value than pre-exchange offer announcement market value to induce security holders to accept offer
corporate governance and performance--Corporate Governance Systems in the Uni...Tanjin Tamanna urmi
Corporate Governance Systems in the United States
Limited liability public corporation
Diffuse ownership of voting equity shares
Large number of individual share owners
Internal Control Mechanisms
Role of the Board of Directors
Ownership Concentration
Executive Compensation
Alternative Governance Systems
Europe is moving toward a common market
Globalization and increased intensity of international competition
Rapid technological change
Consolidation of major industries
Forces Driving Cross Border Mergers
Going private — transformation of a public corporation into a privately held firm
Leverage buyout (LBO) — purchase of a company by a small group of investors using a high percentage of debt financing
Investors are outside financial group or managers or executives of company
Management buyout (MBO) — leveraged buyout performed mainly by managers or executives of the company
share repurchases-cash offers for outstanding shares of common stockTanjin Tamanna urmi
Share repurchases are cash offers for outstanding shares of common stock
Share repurchases change the book capital structure of the firm by reducing the amount of common stock
Investment returns measure financial results of an investment.
Returns may be historical or prospective (anticipated).
Returns can be expressed in:
($) dollar terms.
(%) percentage terms.
Typically, investment returns are not known with certainty.
Investment risk pertains to the probability of earning a return less than expected.
Greater the chance of a return far below the expected return, greater the risk
Time lines
Future value / Present value of lump sum
FV / PV of annuity
Perpetuities
Uneven CF stream
Compounding periods
Nominal / Effective / Periodic rates
Amortization
Analysis of Financial Statements.(Ratio analysis, Du Pont system ,Effects of ...Tanjin Tamanna urmi
Five Categories of Fin. Ratios
Liquidity: Ability to meet current obligations
Asset Mgmt: Proper & effective use of assets
Asset utilization (i.e., Total Asset Turnover Ratio:
TAT = Sales / T. Assets
Debt Mgmt: extent of debt & level of safety afforded creditors
Debt utilization (i.e., Equity Multiplier:
EM = T. Assets / T. Eqty
Profitability: reflects effects of liquidity, asset mgmt, & debt on operating results
Expense Control: Profit Margin:
PM = Net Income / Sales
Market Value: indicators of what investors think of firm’s past results & future prospects
Book pdf- Working capital management ( cost of capital and working capital)Tanjin Tamanna urmi
The termworking capitaloriginated with the old Yankee peddler who would load
up his wagon and go off to peddle his wares. The merchandise was called
“working capital”because it was what he actually sold, or“turned over,”to
produce his profits. The wagon and horse were his fixed assets. He generally
owned the horse and wagon (so they were financed with“equity”capital), but he
bought his merchandise on credit (that is, by borrowing from his supplier) or with
money borrowed from a bank. Those loans were calledworking capital loans,and
they had to be repaid after each trip to demonstrate that the peddler was solvent
and worthy of a new loan. Banks that followed this procedure were said to be
employing“sound banking practices.”The more trips the peddler took per year,
the faster his working capital turned over and the greater his profits
Strategic International HRM- activities targeting HRM at the international ...Tanjin Tamanna urmi
Strategic International HRM-activities targeting HRM at the international level
It involves projecting global competence supply, forecasting global competence needs, and developing a blueprint to establish global competence pools within companies, so that the supply of managers worldwide will be sufficient to meet with the MNC’s global strategies.
Succession management-identifying and developing new leaders Tanjin Tamanna urmi
Succession management is the process of ensuring that pools of skilled employees are trained and available to meet the strategic objectives of the organization.
It consists of identifying employees who have the potential to assume key positions in the organization and preparing them for these positions.
Succession management continuity in leadership develop the next generation of players
The change agent- the facilitator, educator, adviser of the changeTanjin Tamanna urmi
A change agent is the facilitator, educator, adviser of the change. He/she helps the sponsor and the implementers stay aligned with each other. The change agent acts as data gatherer, meeting facilitator and coach.
He/she is a person from inside or outside the organization who helps an organization transform itself by focusing on such matters as organizational effectiveness, improvement, and development.
Effective change agents demonstrate extraordinary versatility within a broad skill set.
Leading Change and emotional intelligence— creating experiences for people t...Tanjin Tamanna urmi
Leading change requires creating experiences for people that reveal new possibilities, while uniting them to drive strategies that harness the resources to win in the marketplace. It requires optimizing the culture of an organization while making investments to drive business growth – simultaneously
Leading others through change effectively is a key leadership capability because it enables organizations to accelerate change initiatives and involve the entire organization in identifying, implementing, and sustaining important changes initiatives that will ensure the organization's long-term success.
SHRM is concerned with decisions about HR practices, the composition and behaviors of employees, and the effectiveness of these decisions.
These strategic process is comprehensive, planned and contribute to the success of the organization and has long-term value creating potentiality. SHRM is the management of HR philosophies, policies, and practices to enable the achievement of the organizational strategy.
Generally, these philosophies, policies, practices, develops a system to attract, develop, utilize, and retain employees for smooth functioning of the organization.
The Bangladesh Labor Act, 2006, consolidates and amends the laws relating to employment of labor, relations between workers and employers, payment of wages and compensation for injuries to workers, and other matters related to labor.
BLC 2006 have a uniform purpose: they protect employees' rights and set forth employers' obligations and responsibilities. The primary functions of BLC 2006 is to provide equal opportunity and pay, employees' physical and mental well-being and safety, and workplace diversity.
Social Compliance Factors (SCF) Affecting Employee Productivity (EP)-Evidenc...Tanjin Tamanna urmi
Analysis of these 17 factors indicates that the nine factors i.e. working hours, wages & benefits, discrimination, harassment & abuse, leave & holidays, workplace conditions, forced labour, welfare, and employment relations are most significantly effect on employee productivity
Safety management Issues in construction industry of BangladeshTanjin Tamanna urmi
Despite of being a developing country Bangladesh has investment in construction industry which includes commercial, residential and multipurpose building projects etc. Workplace safety is a significant global issue, and in particular, the construction industry is over represented in workplace injury and death statistics
Physical and psycological impact of child labour on childrenTanjin Tamanna urmi
The aim behind this presentation is to To know the reasons behind child labor and how it affects physically and Psycologically on children also society, present situation of child labor in Bangladesh, measures available to stop it, and other related issues.
merger between disnep -PIXAR, Penn central transportation company, Kmart and Sears, Quaker and snapple,Siriusxm, Daimler benz and chrysler, Exonmobil, AOL -Time warner,
Modern Database Management 12th Global Edition by Hoffer solution manual.docxssuserf63bd7
https://qidiantiku.com/solution-manual-for-modern-database-management-12th-global-edition-by-hoffer.shtml
name:Solution manual for Modern Database Management 12th Global Edition by Hoffer
Edition:12th Global Edition
author:by Hoffer
ISBN:ISBN 10: 0133544613 / ISBN 13: 9780133544619
type:solution manual
format:word/zip
All chapter include
Focusing on what leading database practitioners say are the most important aspects to database development, Modern Database Management presents sound pedagogy, and topics that are critical for the practical success of database professionals. The 12th Edition further facilitates learning with illustrations that clarify important concepts and new media resources that make some of the more challenging material more engaging. Also included are general updates and expanded material in the areas undergoing rapid change due to improved managerial practices, database design tools and methodologies, and database technology.
Artificial intelligence (AI) offers new opportunities to radically reinvent the way we do business. This study explores how CEOs and top decision makers around the world are responding to the transformative potential of AI.
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This person is none other than Oprah Winfrey, a highly influential figure whose impact extends beyond television. This article will delve into the remarkable life and lasting legacy of Oprah. Her story serves as a reminder of the importance of perseverance, compassion, and firm determination.
2. Why an organization need
change
Any substantive modification to some part of
the organization (e.g., work schedules,
machinery, employees) is known as
Organizational Change.
Any business in today's fast-moving
environment that is looking for the pace of
change to slow is likely to be sorely
disappointed. The world changes every day.
Society is constantly changing.
If businesses fail to keep up with these
constantly-moving targets, they lag behind,
become stale and, ultimately, fail.
3. Why an organization need change- continued
Great business leaders understand the need of change,
which is why they continually look for ways to evolve and
improve, because-
Technological innovation continues to accelerate
Disruption is continually driving marketplace evolution
Businesses that don’t continually change with their
markets will fall behind
Those that change more quickly can gain an edge over
their competitors
Ultimately, organizations that use obsolete processes or
tools won’t be able to participate in the global economy
4. According to Rupert Murdoch, “The world is changing very fast. Big will not
beat small anymore. It will be the fast beating the slow.”
According to Orlando A, Anaam C, The Change Agent, “Change is a
permanent part of life. No matter who we are, where we live, how old or
young, we all make changes in our lives. Most of us struggle with change…
The ways we change inside, the ways we grow and learn, and become
transformed are because of the changes in our lives.”
According to Lao Tzu , “If you do not change direction, you may end up
where you are heading.”
According to Andy Warhol , “They always say time changes things, but you
actually have to change them yourself.”
So , from above we can conclude that ,we can not avoid the change. Not
many things in life are inevitable. Even though we often fear it, change is
one of the few things guaranteed in life. To cope up with this world , we
have to face dynamic change (change upon change upon change).
5. Forces for Change
External forces Internal forces
Force the organization to alter
the way it competes.
1. Changing customers’ needs
and preferences
2. Globalization and increased
competition
3. Government policies
4. Technological change
5. Economic factors
6. Political factors
Force to change organization’s
structure and strategy
1. System dynamics
2. Organizational design and
structure
3. Individual and group
expectations
4. Managerial and
administrative processes
6. Shift in Trends because of change
Industrial era
National economy
Technology development
Stability and predictability
Long term
Hierarchical
Emphasis on continuity
Centralization
Information era
Global economy
Technology sophistication
Sudden Change
Short term
Networking
Emphasis on change
Decentralization
8. Kinds of Organizational Change
Change in structure
Change in work process
Change in organizational
culture
• Organizational
structure
• Downsizing or
rightsizing
• Restructuring etc.
• Re engineering
• Technology-driven
• Economically driven
• Equipment driven
• Personnel driven
• Change in leadership
• Change in mission
• Change in management
style
• Evolution
9. Planned change/proactive Unplanned change/reactive
Change that is designed and implemented in an
orderly and timely fashion in anticipation of
future events
Change that is a piecemeal response to events
and circumstances as they develop
A planned change can bring in the desired result
for a business and can help in improving some
portions of it
An unplanned change can be chaotic and may
bring in unexpected results. If the outcome of a
situation remains unclear or unknown, the
changes may not be expected and can be a sort
of unplanned change
Wide scope Narrow scope
Change are planned in anticipation of event Change are made on occurrence of an event
Huge amount of resource as required. Have not too many resources, like time, money,
knowledge ,skills as required.
Intentional or goal oriented Accidental
Example-Change in product and service,
administrative system, organizational size or
structure, introduction of new technology.
Example-Changing employee demographics,
performance gap, governmental regulation,
economic competition in global arena.
Types of change
10. Theoretical framework of organizational change
Life cycle theory –as living organism
Teleological theory-purposeful or adaptive
Dialectical theory-collision with others
Evolutionary theory-ongoing and evolving
11. Conditions for successful change
dissatisfaction with the status quo
people have the necessary knowledge and skills
tools needed to are available
implementers have time to learn, adapt,
integrate and reflect on change
rewards or incentives exist for participants
participation in process is expected and
encouraged
have support for innovation by key players and
stakeholders