Management issue Essay Example | Topics and Well Written Essays - 3000 words

Management issue - Essay ExampleManagement in the contemporary business gentlemans gentleman is increasingly encountering the inevitable need to respond to change like never before, especially because sudden shifts in the world-wide business environment such as globalization and scientific advancements often demand so (Mastenbroek, 1996). The rapid explosion of know conductge and information systems has instigated the massive growth of companionable media, and mobile changeability, which are remarkable phenomenon that have revolutionized the way of doing business in the modern world to salient expanses, thus, creating the need for change, and change focusing accordingly. Furthermore, the increased ease of access to information through the internet has led to unprecedented challenges such as the excessive scrutiny from stockholders and the media, thus, businesses world over must always blockage on the alert because they are wary of prying ears and eyes that might sabotage thei r operations repayable to bad publicity. Business executives all over the world are under pressure from the left, right, and centre, and have to research ways of adapting to the pervasive changes that surround their organizations for them to continue operating profitably and sustainably as well. In this regard, change management is a central focus in global organizations today (Beekman, Chenhall & Euske, 2007), especially because the capacity to manage and adapt to change is the single most significant approach to surviving competition in the highly labyrinthine and dynamic business environment today. Change Management As already indicated before, organizations all over the world are facing a great threat of extinction cod to the rapidly changing and contend global business environment and have to adopt some rapid structural and operational changes promptly to ensure both their continued existence and profitability. The ability to respond to the rapid changes that are occurrin g in the global business environment quickly and successfully is a potential source of competitive advantages that cushions organizations from stiff extremity in the business markets, especially because they are able to leverage on new opportunities that present themselves due to change. However, in ability to respond to changes effectively and fast enough makes organizations to fall behind in legal injury of business trends, thereby falling out of trade too, due to both logistical and technical challenges that cannot be resolved in the absence of adaptability. Every organization today is focusing on strategies that will transcend to high performance and industry competitiveness, thereby ensuring profitability and survival of business management is facing the sterling(prenominal) challenge ever, of managing the organizational change process effectively towards achieving the desired future state. Both internal and away forces often motivate organizational change (Stewart & Kring as, 2003) however, external forces exert a considerably profound relate on organizations than the internal pressures when charting the way forward or the organization