MS - 25 Managing Change in Organisations

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ASSIGNMENT

Course Code                                                      :                               MS - 25

Course Title                                                       :                               Managing Change in Organisations

Assignment Code                                            :                               MS-25/TMA/SEM - II/2015

Coverage                                                             :                               All Blocks

Note: Attempt all the questions and submit this assignment on or before 31st October, 2015 to the coordinator of your study centre.

Question.1. Discuss the important factors responsible for change. Explain with the help of examples what makes excellent companies tick?

Answer:As societies continue to evolve and changing demand creates the need for new products and services, businesses often are forced to make changes to stay competitive. The businesses that continue to survive and even thrive are usually the ones that most readily adapt to change. A variety of factors can cause a business to reevaluate its methods of operation.          

Competition: The entrance of a new competitor into a market can cause a business to change its marketing strategy. For example, a small electronics

Question.2. Discuss the concept of ‘turnaround management’. Cite organizational examples where turnaround management has taken place successfully.

Answer:Turnaround management is a process dedicated to corporate renewal. It uses analysis and planning to save troubled companies and returns them to solvency, and to identify the reasons for failing performance in the market, and rectify them. Turnaround management involves management review, root failure causes analysis, and SWOT analysis to determine why the company is failing. Once analysis is completed, a long term strategic

Question.3. Explain the concept of ‘intervention’ and types of interventions with the help of examples.

Answer:To effectively adapt and thrive in today’s business world, organizations need to implement effective OD interventions aimed at improving performance at organizational, group and individual levels. OD interventions involve respect for people, a climate of trust and support, shared power, open confrontation of issues, and the active participation of stakeholders. OD interventions are broader in scope, usually affecting the whole organization (socio-technical systems). OD interventions are sponsored by the CEO and supported and “owned” by staff at the different levels of the organization.

Question.4. Enlist the key roles in managing change citing suitable organisational examples.

Answer:The ultimate goal of change management is to engage employees and encourage their adoption of a new way of doing their jobs. Whether it is a process, system, job role or organizational structure change (or all of the above), a project is only successful if individual employees change their daily behaviors and workflows. This is the essence of change management.

There is a whole system of people in the organization responsible for supporting employees in making this transition. From the highest levels

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