Monday, April 14, 2008

Get It Right the First Time and Make Safety Your Priority - Change Management

Get It Right the First Time and Make Safety Your Priority Change Management To out smart competition, a company must manage its competitors like stakeholders, processes, resources and organization, in an effective and efficient manner. In our fast moving, highly competitive global marketplace, change is continuously required, if an organization is to remain competitive. A company can t remain on the cutting edge by standing still. The key to effective organizational performance lies in the competence and commitment of the people. The clue to effective and successful management lies in understanding the nature of people, their behavior, drives, hopes, fears and expectations, and the circumstances and activities necessary to bring the best act of them. Better ways for change: 1. The first way of change is complete change in structures, composition and management of the company because of various mergers and amalgamations taking place. These mergers and amalgamations are of three types. a) Vertical mergers, i.e., merger of small organization (TVS) with a bigger organization( Suzuki). b) Horizontal mergers, i.e., similar kinds and strengths coming together to form a big company(Tata with Chorus and Mittal with Arcellor). c) Cross mergers, i.e., different types of companies collaborating to capture more market share and size. 2. The second kind of change process begins in an organization when a new product is launched in a market. , that is, follow market skimming to earn Goodwill, money and reputation in the market. The second policy is of market penetration just to capture more market share and to expand customer s base by lesser price policies. 3. The third aspect of change is incorporated whenever a new leadership is introduced in an organization. 4. The technological advancements and latest developments is the fourth major driving force to initiate the change process in any organization, because it can result into major capital expenditures and complete change of existing structures. Major Preparation for change: 1. To implement any kind of change the first and foremost an important element is that the leaders must be respected and effective in the management so that they are effective enough to enforce the change process easily. 2. Secondly the motivational processes and techniques must be carried in such a planned way and manner that each and every employee must be highly motivated enough to implement the change easily. 3. Thirdly an organization must remove the aspect of Complacency in it. This can be done by - Generating in formations about organizations situations about current and prospective problems. - Creating opportunities for employees to educate management about dissatisfaction and problems. - Creating a dialogue on the data and statistics so collected and generated. - Setting very high standards and expect people to meet them. Conclusion: - It is not the strongest species that survives, nor the most intelligent, but the most responsive to change . -Charles Darwin Life is so happy if we get so many changes likewise, the company has to follow changes which are highly required else the company will be totally vanished.



Bookmark it: del.icio.usdigg.comreddit.comnetvouz.comgoogle.comyahoo.comtechnorati.comfurl.netbloglines.comsocialdust.comma.gnolia.comnewsvine.comslashdot.orgsimpy.com

No comments: