Saturday, June 15, 2019
Strategica HRM and change management Essay Example | Topics and Well Written Essays - 1500 words
Strategica HRM and change management - Essay Exampleenvironment it operates in, it is important for an organization to adapt to changes and formulate policies and strategies which atomic number 18 fit for the changing environment. Due to the rapid development of technology and increased competition, the environment has become very volatile. The spread of globalization at an accelerating pace has raise made the environment more and more volatile. In order to survive in such a volatile environment, organizations need to be very fictile so that they can proactively form or reform their strategies according to the changing environment. Today, one of the most important assets for any organization is its ability to manage change. Organizations which failed to be flexible enough to fit in this environment eventually died as their survival became impossible.Change is the only constant thing in life. The world is unceasingly changing and it is often difficult to predict what it is changin g into. The change results in hundreds of opportunities and pitfalls which an organization comes across every moment. The concept of organizational change refers to organization-wide change rather than smaller changes such as modifying a product of adding a late employee. It includes activities such as a change in mission of the company, operations restructuring, gate of new technology, mergers, collaborations, launching new programs such as TQM, etc. Organizational change is usually provoked by outside factors such as new markets, changing consumers demands, substantial cuts in funding, need for an increase in the productivity, etc. As a business evolves through various cycles of a business lifecycle, it necessarily to change its overall strategies in order to be successful.Any organization attempting to bring about a change must take into consideration the trey key aspects of organizational life which are the organizations culture, the leadership and the existing network of p ower.An organizational culture is defined as the
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