Strategic Change in the contemporary business world

In the business world today only thing that seems to be constant is change and the nature of competition is that these companies need to influence the way the change management to gain competitive advantage. Furthermore, the kinds of changes the experience of the companies vary in nature, for example, as industries consolidate, and there is a growing number of mergers and acquisitions, and the pressures exerted on the organization to compete in the global arena is more conducive to different competitive pressures and more alliances Strategy (papers4you.com, 2006). Moreover, rapid technological changes are forcing organizations to embrace new technologies and to change the way we work and interact with suppliers and customers (Balogun and Hailey, 2004). However, this phenomenon is not new, and witnessed a series of fads such as the management of cultural change programmes, and total quality management, process re-engineering etc. Unfortunately, most of the change programs initiated in the framework of organizations below footing, and illustrated in the figure for the approximately 70% failure (Balogun and Hailey, 2004). Hence, the strategic change became highly sought after competence.
moreover management, change management process is very complicated, and there is no firm rule that could be followed. But, like most other regions in the management experts proposed models of organizational change toward lewin model for change, and planning model, a model research and integrative planning model (harigopal, 2006). These modules covering various aspects of the change management process to enable the planned change; However, one aspect of the process that has emerged recently is that the increasing globalization of organisational culture (papers4you.com, 2006).
the role of cultural awareness is great but, whether international mergers and acquisitions or simply changes in internal business processes. There was a plethora of literature that separate ways diagnosis cultural changes and cultural assessment of the risks in change management and harmonization of the strategy and culture to change the meaning. Besides the management of cultural diversity through change, it has become standard practice for organizations to deploy its core values determine organizational culture along with its data on their web sites and financial data. It is the construction industry or aerospace organization strategic change is attracting increasing attention from the administration. Particularly the participation of the people and stakeholders in the process of the strategy is still under debate continues. There are organizations such as the Brazilian semco, where people decide their own goals and their own managers salaries, which redefined strategy change and involve people (crainer, 1999). The final outcome is that many aspects of strategic management and evolve into an area which will receive much of the Department attention.
references
balogun, j and Hailey. (2004). & 39; Explore strategic change & 39;. Prentice Hall, london.
crainer, S. (1999). & 39; 75 more than ever adopt management decisions & 39;. Amacom, ny.
harigopal, K. (2006). & 39; Manage organizational change & 39;. Second edition. In response, book because you delhi.
papers new (2006) " p/b/361. Change in strategic theory and practice & quot;, available from http://www.coursework4you.co.uk/sprtbus47.htm [22/06/2006 [
papers you (2006) " p/b/489. A strategic change in the British Aerospace: theory and case study & quot;, available from papers4you.com [21/06/2006] pablo cristi



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