As we know change is inevitable as market expectations are not static, new technology is constantly being developed, and organizational responses are inevitable to these sequences. It is a simple matter of business evolution. If every manager and every employee could have some understanding of the triggers of change and their relationships with each other, then the acceptance to change would be easier.
When change is being implemented the natural tendency is to feel threatened by what is happening, if you don't think rationally and emotions and feelings take over. Sometimes, it is all seen as some kind of conspiracy by employers and they perceive that the management is concerned only to look after them. There could be elements of truth in this, but a major educational effort to get everyone in the company to expect change, and indeed to create it within their own spheres, would lead to the path of positive change.
Change is expressed through three main areas: the market itself, the technology to meet market demand competitively, the organization of resources, and the enterprise to achieve success. We also consider the tendency of companies to follow a pattern of similar life cycles. The stage in the life cycle could affect the nature of the changes which might be expected. In this article, we are looking at key triggers that necessitate the change.
The market is constantly evolving and the only way to survive in the market is to adapt to what market demands. Some examples of market-driven changes are:
All these create specific changes in your business, whatever it is. The changes in the marketplace will impact your company and if the impact is negative, there will be urgency in the organization to search for new products or for the creation of new expectations from old ones. There will be the decision to explore areas of the globe where you are not previously represented; by expanding your customer base by moving to the right place in order to hold in the demand for the moment.
Technology is naturally enough a significant part of the changing scenario. There are constant development and introduction of new technology that brings process optimization and results in reducing the people costs, or to speed up manufacturing and assembly processes or result in innovative ways of fulfilling a particular need. Technology enables meetings of customer needs, anywhere, at any time, in the form it is wanted and with the minimum of physical material and the maximum of accompanying service. Technological change has a knock-on effect so that change in this field in response to need becomes the trigger of further change. Technology can force an organization to re-establish price advantage, quality pre-eminence, or diversification into new products.
These changes in the market or technology will also affect the organization. If on the negative side it could result in retrenchment, a reduction in the number of employees, and a reduction in the number of levels of management. The technology itself might require new styles of organization, new sills, and the upgrading of old ones. The number of operating sites may be reduced. People may find themselves performing totally new functions, which they may like or perhaps won't like, at least to start with. The only way to stay in business may be a merger or to be the subject of a takeover, friendly or hostile. With such ownership changes, another market, technological and organizational changes may follow. In some industries, it is an endless cycle.
Most CEOs seeking to improve results do something about the organizational structure and culture of their enterprise. The organization is a matter of structuring the way in which resources are brought and kept together in order to achieve objectives. These resources include people, places, money, materials, and machines. Most changes have some implications for the ways in which resources and relationships are organized. Whether corrective action is being taken or opportunities are being seized, the organization's change will make a difference to the immediacy of reaching and speed of decision-making, information-sharing, communications, and policy implementation.
The culture change brought about by reorganizing is the most difficult handle and the ones that take the longest. They have to overcome the inhibitions of whole corporate life history, and they are likely to meet emotional resistance.
The restructuring of organizations will have to be essentially rational and it will move in different directions, depending on need.
Time management is the process of planning and exercising conscious control of time spent on specific activities, especially to increase effectiveness, efficiency, and productivity. The best time management techniques improve the ways you work. Time management refers to managing time effectively so that the right time is allocated to the right activity. Learn more about the five steps for effective time management viz. study, identify, analyze, decide, and implement.
We define Lean as the systematic elimination of waste through a continual effort to decrease inefficiency; the lean leader strives to create a more efficient organization. Lean leadership is a philosophy. It is a consistent way of thinking and being in your role as a leader. The focus of this approach is on raising new leaders and help their team embrace a culture of continuous improvement. Learn what we mean by lean leadership style and its principles.
Stress is an essential part of our life. No one can live without stress. Stress can be beneficial as well as harmful. Stress as a positive influence adds excitement and hope while as a negative influence it can result in destructive feelings, anger, and depression. Although the general orientation to stress is to consider unfavorable outcomes, yet one must have observed that stress experiences may also facilitate the development of effective and varied coping behavior, increased personal resources, and lead to a sense of competence in development. Stress at a moderate level is not only inevitable but may be useful for physical and mental well-being.
Charisma is a certain quality of an individual personality, by virtue of which he is set apart from ordinary men. Charismatic Leader gathers followers, through dint of personality and charm. Understand the meaning and concept of Charismatic Leadership and the qualities of a charismatic leader. Gain an understanding of the advantages and disadvantages of using charismatic leadership. Finally, explore the difference between charismatic and transformational leadership.
At different points in your professional career, it is helpful to identify your core values. Values are the qualities considered to be the most important guiding principles that determine the priorities in your life and greatly influence your career choices. Your career brings happiness when it is in agreement with the beliefs you have about what is important and meaningful to you. Awareness of your values will help you develop a clearer sense of what's most important to you in life.
Teams are part of the modern organizational culture. Whether you are a team leader or a team member, having a better understanding of how teams work, and being able to identify where the team is in the process, is a critical part of ensuring the team is ultimately successful. Start with the basics and understand what a team is and what role they play in an organization.
Tips for Effective Time Management
After studying and analyzing how time is spent, why time is wasted, and where time is wasted you need to decide about the changes required for effective utilization of time. For this purpose, a large number of remedial measures can be taken by you. The first and foremost determinant of a planned and purposeful utilization of time is to develop consciousness of the value of time at all levels of the organization. Planning, goal setting, and defining priorities are concerns to addressed immediately.
Tools for Developing Your Team
If a manager has too many weak spots in the talent of the team, the ability to empower the team members to independently execute the project is impaired. Assignments fall behind schedule or stretch out because the needed skills or knowledge are not in place when needed. To successfully execute important projects, hiring talented people, and increasing the talents of existing staff are most important.
Stress is a product of the busyness of modern life. It has assumed grave dimensions ever since the emergence of industrialism. In fact, stress is a natural, ongoing, dynamic, and interactive process that takes place as people adjust to their environment. Stress can be brought about by positive or negative life events. Distress can cause disease and eustress or positive stress can promote wellbeing and increased productivity. Learn to recognize and be responsible for your stress, and learn the ways to manage stress.
As we know change is inevitable as market expectations are not static, new technology is constantly being developed, and organizational responses are inevitable to these sequences. It is a simple matter of business evolution. If every manager and every employee could have some understanding of the triggers of change and their relationships with each other, then the acceptance to change would be easier.
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