Sunday, February 23, 2020

MBA-Management of Change Essay Example | Topics and Well Written Essays - 3000 words

MBA-Management of Change - Essay Example My own workplace experience is not rich enough to judge the sustainability and efficiency of various change initiatives in organizations. However, I was fortunate to witness a process of organizational change from within. Several years ago, the company for which I worked (company N.) decided to develop and implement a new vision of technological change at all levels of its organizational performance. The process of developing and implementing change was equally complex and challenging, but the effects of the discussed change initiative ultimately exceeded all business expectations, having moved our organization to the new quality level of business performance. Preconditions and prerequisites for initiating change Organizations build complex hierarchies, to be able to meet their business goals. However, not always do these hierarchical structures contribute to better efficiency of workplace and business operations within organizations. More often than not, organizations face the need to simplify their business operations, decisions and structures in ways that help to avoid the duplication of obligations and role conflicts. In this context, technology often becomes a vital component of an efficient organizational change. ... The distribution of roles among the company employees across different divisions left much room for improvement: throughout years, the company management had heavily relied on traditional organizational hierarchies, in which lower financial advisers completed much of the financial paperwork for the clients but would have to drop their projects, as soon as the need to catch up with the most important deadlines became urgent. The distribution of tasks was extremely inefficient. Employees lost valuable time, trying to contact each other by phone, fax, or e-mail. The duplication of efforts plagued the organization, leaving little time for quality improvements. Needless to say, all those factors plagued profitability and efficiency of business operations within the company. The company’s initiative to create regional affiliates with locally distributed teams of workers failed to achieve any relevant business result. Team members lacked collaboration and could not find any agreement on their goals and priorities. Apparently, a new model of cooperation between the company divisions was required, and technology would play the vital role in the implementation of a profound organizational change. It should be noted, that technology is a frequent instrument of organizational change in different business enterprises. Rapid evolution of internet technologies triggers the growth of high-quality interactive solutions, which organizations can use to develop and maintain effective collaborative ties between their employees and between them and customers. One of the primary goals of the change initiative at N. was to diversify its operations through

Friday, February 7, 2020

General Motors and AvtoVaz of Russia Essay Example | Topics and Well Written Essays - 1250 words

General Motors and AvtoVaz of Russia - Essay Example However, GM could not market their automobiles at this price even though the company had employed different tactics on manufacturing and distribution. Similarly, AvtoVAZ, the largest automobile producer in Russia, had been struggling with sales declines due to product quality issues and tax evasion allegations. In addition, the firm had no sufficient capital to rebuild their business although it had innovative product designs including Niva. Hence, either GM or AvtoVAZ was not in a position to develop and market the Niva without an external assistance. At this juncture, they jointly decided to integrate AvtoVAZ’s domestic market dominance with GM’s technical expertise and market repute. Evidently, the proposed Joint venture (JV) is potential for both organizations. This JV strategy will certainly add value to GM’ global expansion vision since Russia is a potential emerging market. From the case study, it is clear that GM failed to operate successfully in Russian market even though it had practiced the traditional emerging market approach of manufacturing complete cars in its own plants and reassembling the deassembled parts in Russia with local labor. The main cause of failure of GM in Russian market was low income levels of Russians that forced the company to fix extremely cheaper prices for its products. If GM operates its plants in Russia, it can avoid shipping charges and import duties and ultimately use the economies of domestic production to set affordable prices for Russian customers. Furthermore, AvtoVAZ is the most leading player in Russian automobile industry although it currently struggles with some quality issues. Therefore, the JV will assist GM to take advantages of widespread business territories as well as deep Russian market experience of AvtoVAZ. In addition, the national distribution network established by the AvtoVAZ dealers will be beneficial for the GM to skip from the difficulty of developing a dealer network from scr atch. Hence, the proposed integration would promote value creation, a process of identifying competitive alternatives to trim down costs and thereby to provide maximum benefits to customers. Many of the economists hold the view that business integration would contribute to value creation due to operational efficiencies from an internal market and selection of distributors and suppliers (Means of corporate strategy, slide 6). Likewise, the case background clearly points out that it would be very difficult for the firm to compete in Russian automobile market. The Russian automobile sector noticeably lagged behind other huge players in the industry even though the Russian government had specifically focused on the industry’ modernization and development. The case report reflects that the Russian automobile industry’s â€Å"inadequate capital, poor infrastructure, and deep-seated mismanagement and corruption resulted in outdated, unreliable, and unsafe automobiles† (â€Å"General Motors and†¦:, 2). In addition, the instability of Russian economy often causes problems to automobile manufactures as a result of unexpected tax impositions and changes in regulations. Intense political issues in Russia adversely affected the sustainable growth of the country’s automobile industry. Increased rate of defects in new cars was another issue, which persuaded the people to boycott Russian made automobiles. Finally, higher crime rates in the country forced the foreign marketers and