The Relation Of Valuation Theory And Organizational Change

One method for managing change in an organization is to be prepared through constant evaluation of the company. The management team needs to continually evaluate sales data, changes in the marketplace and activity by the competition to be able to anticipate change. When a company can see change coming as a result

Organizational change is a very critical and yet very inevitable process ofan organization’s structure. It can create a lot of pressure from the workers as well as management as a result of fear of the unknown.

Organizational change has many concepts from wide changes to small changes that can affect a company. Introducing a new person into the company, changing mission statement, restructuring, and even adding stock options are examples of organizational changes. According to Spector it is important to understand, analyze the dynamic of change, and requirements of effective change implementation. Successful changes requires management to explore many drivers of change. Strategic responsiveness occurs when external factors affects the company for example, government regulation, new competition, and economic changes. In response to these events an organizational change is necessary to create and

Organizational change is often used to improve all or part of an organization, such as a process. Organizational change may occur as the organization changes its strategy for success or when there were decisions made to change the entire environment that the organization is currently functioning under (Cawsey, Deszca, & Ingols, 2011). Change can also occur as the organization evolves while moving through life cycles. In order for organizations to grow and develop, there must be change at various stages of this process.

Organizational change encompasses many challenges to both the individual, and the organization. An organization is a living system, as Flower (2002) states “living systems cannot survive without change, challenge, variety, and surprise” (Flower, 2002, p. 16). An organization requires the ability to adapt in to survive as Darwin states in The Origin of Man, “It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change” (Read Me First, 2013, p. 1). It must adapt to the changing market, global economic pressures, stakeholder demands, and the diverse needs

The factors of organizational change are those who, for various reasons, an organization can identify the need for change, these are: technological, structural, personnel and cultural factor. In today's world of organizations, characterized by globalization, the power of customers and the avalanche of information, these have to be in a permanent process of change for continuous improvement. Are structural, technological and cultural factors staff of those organizations has to act on them and thus achieve adaptation and / or probation they need.

What is organizational change? This is a question that is imperative to know the answer to in order to fully understand today’s industry and workplaces. According to businessdictionary.com, organizational change is defined as a company or organization that is going through a transformation which can occur when business strategies or major sections of an organization are altered. In order for companies to succeed in altering their business in any way, they really must understand how important it is to know how to deal with organizational change to make sure that it goes over efficiently and effectively. The same can be said for me as well. I have to really understand organizational change because I will definitely go through plenty of changes in my life and knowing how to deal with them is hugely important. This is especially true since my major is Computer Information Technology and technology is always rapidly changing in the world.

Organizational development (OD) and implementing change in an organization can be a complex and challenging task. It is important to understand what Organizational development (OD) is and the change management approaches will work best with the organization and its people to manage change. In todays, globalize economy organizations experience rapid changes that managers have to be able to manage. I will discuss what organizational development, how to implement changes and different change management approaches. Compare and contrast OD and change management approaches categorizing when each approach is appropriate, advantages and disadvantage each have.

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.

After reviewing and researching the literature with respect to organizational changes, I have come to the conclusion that organizations have always changed. When everything in the world is changing, organization cannot remain islands. They must change to face new challenges. Bolman and Deal (2008) claim organizations have changed about as much as in past few decades as in the preceding century. Bolman and Deal (2008) claim means that the change organizations have experienced in the last decade are almost similar to those they experience in at the end of the twentieth century.

Whether you have a large organization or a small one, the only thing that you can count on, the only thing that is constant is change. Change is needed in order to for companies to move forward and keep up with the needs of their customers. If you are the owner or the manager, you know that you need a change, but you are uneasy about the challenges that you may face, or unsure as to how to go about making the change happen. One organization that is constantly changing is

Organization change can defined as company or organization going through a transformation. It is also can defined as the act of transforming, reorganization and restructuring.

"Organizational change" refers to the any major shift or directional change in the organization such as an internal business restructuring, incorporating a new business entity, adopting or integrating a new technological platform, any company wide process change, like adoption of a new ERP process. On the other hand, there can also be comparatively smaller changes such as adopting a new operational process, bringing in new resources into a team etc. Different categories of an organizational change can be classified as follow:

The idea of change can alarm any system and lead to unexpected reactions from the members associated with the system. As the change begins to be implemented, these uncertainties intensify and can lead to crisis. This phenomenon becomes even more crucial when the system involves an organization with leaders and those members with non-managerial responsibilities.

Over the past decades, organizational changes have become recurrent. It then became decisive for managers to perfectly understand this phenomenon in order to lead organizations to efficiency.