Tuesday, October 29, 2019

The way change affects organizational strategy and leadership.


Something moves from one situation to another can be called as change. In business context change can be refer as on external changes such as technology, competitors and customers, political and social environment. It is also can be refer on internal changes such as re-engineering and re organization. Most of the authors are preferred to use the word transformation to describe change (Senge, 1999). Change is linked with creativity and innovation.
The way organizations create and sustain superior performance can be called as organizational strategy. Describe present organizational environment, industry conditions and Firm’s financial and competitive capabilities are represented and creating vision for future direction are done by organizational strategy. The major classified strategies are business level strategy, corporate level strategy, acquisition and restructuring strategies, international strategies and cooperative strategy. However strategic change is important in a situation of organizational change.
Strategy is simply not any preparation to a problem (Johnson, 1992). It is provided long term effect to organizations. Strategic decisions are increased through the application of managerial experience. They are improved external and internal sources of information. If employees able to identify various requirements of the organization then, organization can be easily understanding the reasons for applying strategic change. To gain contact to controlled markets and to maintain market stability strategic change should be implemented.
Organizations need to speed up the development of goods and services and wanted to maintain market leadership in order to face insecurity. Organizations are also wanted to share major resources and R&D facilities in order to create economies of scale.  Generally, companies are needed to recruit learning culture to develop new business techniques and capabilities. Strategic change should be employed to overcome the weaknesses and to gain strengths for long term sustainability.  
Organizations are agreed that effective management is one of the most important suppliers for the overall change and organizational change. Smart managers are those who have the experience and knowledge of the experience that enables them to effectively and effectively manage the tasks of daily living. Effective leadership is still needed to make effective changes. Culture is important, even if it concerns organizational change, and it can be included in the culture of secrecy, the culture of individualism, and the culture of silence (Cooper, 2006). Capacity management can manage and manage these issues. Competencies are the ability to manage knowledge and other skills and abilities.


Figure 1: Leadership competence for effective change management
Source: (Berglund, 2007)
Organizational change is not only important, it is also a requirement for time, and leadership can play a key role. The management 'Vision' and 'Innovative Approach' characteristics which can lead to organizations that are better able to manage organizational changes and may increase success.

References

Berglund, 2007. Risk Conception and risk management in corporate innovation. International Journal of Innovation Management, 11(04), p. 497–513 .
Cooper, B. &., 2006. The new world of work and organizations. Human Resource Management Review, 16(02), pp. 83-85.
Johnson, 1992. Comparison of the lipid regulation of yeast and rat CTP: phosphocholine cytidylyltransferase expressed in COS cells.. Biochem J 285 ( Pt 3), pp. 15-20.
Senge, 1999. Learning for a change. Fast Co, pp. 178-185.


12 comments: