Managing & Leading Change Essay Example | Topics and Well Written Essays - 2000 words

Managing & Leading Change - Essay Example From this discussion highlights that  Pervengines has gone through a number of progressive changes that make it possible to give a qualitative assessment to the progression that has been achieved by the company so far. Based on Lewin’s three step theory, which identifies three major steps of organisational change namely unfreezing, transformation and refreezing, it can be said that Pervengines has in the past five years gone through all these steps in its effort to achieve rapid growth and development.  This paper declares that  the company through its M.D identifies the stagnant nature of growth and the need for there to be an immediate change if the company will achieve its mission goals. As noted by Lewin, the right after identifying the need for change, the second step is jumped unto, which is the transformation step. At this step, certain prescribed changes are expected to take place. Indeed, for Pervengines, a number of pragmatic tasks were undertaken as a means to putting the proposed changes into action. For instance early retirement incentives were put on the table to ensure that many of the old staff whose presence in the company was crippling productivity took advantage of it. Furthermore, one of the company sites was closed to enhance voluntary redundancy.  The present state of Pervengines will be analysed using a SWOT analysis, which seeks to bring out the current strength, weaknesses, opportunities and threats of the company.... At the unfreezing step, the company through its M.D identifies the stagnant nature of growth and the need for there to be an immediate change if the company will achieve its mission goals. As noted by Lewin, the right after identifying the need for change, the second step is jumped unto, which is the transformation step (Jones & Brazzel, 2005). At this step, certain prescribed changes are expected to take place. Indeed, for Pervengines, a number of pragmatic tasks were undertaken as a means to putting the proposed changes into action. For instance early retirement incentives were put on the table to ensure that many of the old staff whose presence in the company was crippling productivity took advantage of it. Furthermore, one of the company sites was closed to enhance voluntary redundancy (Britt & Jex, 2008). In relation to the third step of Lewin’s three step theory which is the refreezing, the changes that had been implemented became a permanent part of the company. This is where organizational culture comes up for discussion because the changes brought about a continuous improvement in the organisation’s culture. It will be noted that organisational culture comprises the deeply accepted values, norms and behaviours that the constituents of the company share (Axelrod, 2000). Present The present state of Pervengines will be analysed using a SWOT analysis, which seeks to bring out the current strength, weaknesses, opportunities and threats of the company. By the close of the SWOT analysis, it is expected that the major characteristics that determine the present position of the company will be clearly outlined. The contributions of past events within the company and its contribution to the

International Business Essay Example | Topics and Well Written Essays - 2000 words - 2

International Business - Essay Example This study deals with the in-depth analysis of a variety of international environmental influences and impact of uncertainties on international business. This paper includes critical analysis of the motivating factors for MNEs to invest in abroad, critical arguments on protectionism, international trade and its benefits for a country, contribution of MNEs and markets in international trade and investment, conflicts between interest of MNEs and host nations. These are main constituent of the paper and analysis on discussion will be made on these areas of international business. MNEs and why the invest abroad Multinational Enterprises are the large business entity that has business activities or registered in multiple countries as business entity in more than one country. The international traders are not multinational entrepreneurs because the main criteria to categorise as MNE is that a firm need to both produce and sell goods and services in more than one country whereas internation al traders generally involved in export and import of goods and services. Multinational enterprises are the main constituents of worldwide globalization. Emerging trend of internalisation of leading domestic business businesses of many countries lead to more foreign direct investment. Internationalisation of firm was initiated by leading businesses of developed countries and they started diversifying into emerging countries in search of more resources and potential markets. Leading businesses of many countries are willing to invest to in foreign markets after saturated penetration in the foreign markets. There are several motivations behind foreign direct investment by the businesses. These motives can be categorised as traditional motivations and emerging motivations. Traditional motivations include the forces that has been drove the leading business to divest into foreign markets. There are four major traditional motives behind foreign direct investment by the companies. Market se eking Business always finds potential market to enjoy demand of their product and services. Therefore, once a business saturated in a particular region or a domestic country then it started finding potential market in the foreign countries. This is one of the most efficient strategies of business expansion as well as sustains increasing demand of product and services. Another reason of market seeking may be that specific product or services requires specific markets for getting appropriate demand or value of the product. Many companies seek foreign markets in this motive. Resource seeking Resource is next most important factor for a business. All businesses try to find out bets resources in low cost and this is the reasons behind major diversifications of the leading firms of developed markets. FDI helps the company to identify and develop production unit in the foreign markets with major availability of resources. Major seeking resources are raw material for product companies and m anpower for service based companies. Strategic asset seeking Another important motive of companies behind foreign investment is to invest in potential foreign businesses to build strategic assets. This may involve in partnership establishment with the existing foreign firms. This is one of t5he most efficient and popular diversification strategy of MNCs. Efficiency seeking Multinational corporations always want to reorganize or restructure their asset holding in overseas markets. The motive behinds this is to efficiently respond to macroeconomic changes that have