How Change Is Defined As A Set Of Result Driven

With the ever increasing pace of change in the world, today’s market leader can be out of business tomorrow if the organisation fails to adapt to the changes around it. One of the key assets of each organisation is its human capital, i.e. the knowledge, skills and abilities of its staff. If the organisation is to adapt,

According to Anderson & Anderson, (2010) during transformational changes of an organization cultural change is critical. It is said to be the primary force that can limit the performance of the people or unleash their full potential. Cultural changes request to throw out old methods, attitudes and behaviors of an organization and replace them with new methodologies that will shift the organization into a new culture (Anderson & Anderson, 2010). Transforming

The purpose of this essay is to show the similarities and differences with managing organizational changes. Additionally, the essay provides a rational explanation to show through illustration and examples, the lack of details in the book. Charles Duhigg's, definitions in the book, "The Power of Habits" gives a false description of the steps that are needed to make such large changes within an organization. He fails to mention the importance of taking a closer and careful look at the cause and effects for the organizational need, while remembering to focus on the structural, physical, and the emotional changes in an organization.

Organizational change is the process of transforming or modifying an organizational system (Heather & Heather, 2010). Just like anything in life, markets and cultures, which requires constant attention and preparation because of change. Change capability establishes the core competency of improving just about every aspect of an organization performance. Conscious change leaders understand this and recognize the importance of building their organizations’ change capabilities. According to Cawsey et al. (2012), “Change is a necessary prerequisite to organizational change” (p. 18). Organizational change enables an organization to achieve organizational success by providing tools and techniques for an organization to meet the challenges and demands

Week 3, the lecture on Managing Change describes organizational changes that occur when a company makes a shift from its current state to some preferred future state. Managing organizational change is the process of planning and implementing change in organizations in such a way as to decrease employee resistance and cost to the organization while concurrently expanding the effectiveness of the change effort. Today's business environment requires companies to undergo changes almost constantly if they are to remain competitive. Students of organizational change identify areas of change in order to analyze them. A manager trying to implement a change, no matter how small, should expect to encounter some resistance from within the organization.

Sustaining success depends on an organization’s ability to adapt to a changing environment – whether it’s an external change, such as a transformative technology or a changing economy, or an internal one, such as a restructuring or key process overhaul. Unfortunately, 60-70% of organizational transformations fail – a dismal statistic validated by study after study. Failure rates this high demand a new mindset and new actions:

Transforming Organizations: Why Firms Fail- Research has demonstrated that significant change efforts have helped improve conditions and improve overall quality in organizations. Yet, this article discusses the many mistakes organizations make in order to improve situations in their work environment. Therefore, transforming organizations to adapt to new implementations can be extremely difficult if not everyone understands the overall vision.

Change in a business is inevitable and typically only the strongest thrive. With a fluctuating economy and constant technological advancements, organizations are expected to adapt in order to survive. When a business is posed with an issue or change, it must develop new business and strategy structures and implements those developments throughout the entire company. Communication, education and participation are all required for a change model to be successful. Though change and adaptation may be needed to better the company, with implementation of change comes resistance. Most companies face resistance on an organizational and individual level during a transition. However, it is how the company is able to overcome

Not only the type of the work employees are required to do changes, place, method, and environment of the work is also subject to transformation. With high turnover being common characteristic among modern organizations, people have to work in teams each time composed of different people.

Human capital plays a considerable role in the economic environments. It is not cash, assets, but it is people, which are the critical differentiators of a business enterprise (Fiz-enz, 2000). It is an organisation’s possess individual tacit knowledge (Nelson and Winter, 1982). There are four factors involved by human capital: genetic inheritance, education, experience and attitudes about life and business (Hudson, 1993). All of these factors are intangible and can be invaluable. Human Capital is a source of innovation and strategic renewal, such as improving personal skills, re-engineering new process or just daydreaming at the office (Hudson, 1993). According to Figure 1 (Bontis, 1998), Human Capital is about the intellect of human. It is an internal control and development

INTRODUCTIONOrganizational change is a concept that regularly occurs due to the nature of today's business environment. (McNamara, 2007) It is common in business communications, strategy, management and leadership. (McNamara, 2007) Change occurs when an organization revolutionizes parts or its entire strategy and/or wants to change the way it operates. (McNamara, 2007) Thus, it involves the realigning of organizational processes and operations. In order to remain competitive and successful in today's business environment, organizations must continually undergo changes by being innovative. (McNamara, 2007) Therefore, change plays a major role in the longevity, maturity, and success of any organization.

Transformation is the discontinuous, step-function improvement in key results which helps in areas that are required for business success (Hacker & Roberts, 2003). A transformational leader is the perfect fit for organizations worldwide (Hacker & Roberts, 2003) Envisioning the need for transformational change is the primary concept of the leader’s team

The need for transformation in any given organization arises when discontent is felt at the current procedures and strategies of the organization (Oden, 1999, p.20). The results gained from the procedures perfected over time by the organization, may become unprogressive and may actually make the owners of these companies question their own values before any outsider does. With so much competition in the ever-changing market, change and good change at that, becomes a necessity. This change should come following a strategy lest it be lost to the whims of employees.

During the process, an organization is experiencing a change, how the organization finds, decides and forms its figures are the most important aspects for its future. The ability to change means a tacit process, prepositional concept that lies in the bottom line, because explicit skills are after all merely snapshots of what an organization currently has. Needless to say, this ability has relation to an organization's sustainability. The importance of change and change management in today's turbulent business environment has escalated.

These factors have made customers’, consumers’ and stakeholders’ satisfaction level more demanding. An organisation needs to be more comfortable with change and it is a vital responsibility of the managers to manage human resources along with other resources and adapt organisational change. Hence, rapid and obvious organisational change is difficult and more risky as employees become more habitual of the existing organisational structure and culture.