You have just been hired as the chief executive officer (CEO) in a medium-sized organization. The organization is not suffering financially, but neither is it doing as well as it could do. This is largely because the organization is stagnated in old ideas having not kept pace with the changing standards of the sector it serves. It does, however, have a handful of new employees who are eager to see the organization modernize. The organization also has several long-time employees who have remained with the company through the good times and the bad. The Board of Directors feels a sense of loyalty and obligation to these steadfast individuals, but the Board also knows that moving some parts of the operation "off-shore" would be better for the organization. In this assignment, you will discuss how you as a leader would direct this organization through the changes that are necessary for its survival.
1.A discussion of the foundational theories upon which you would draw to lead this organization.
2.A discussion of how you would assess the effectiveness of those foundational theories and adapt them to the diverse populations and settings represented in the above scenario.+
3.A statement of how your leadership skills and style would be an asset or drawback to your effectiveness as a leader in this environment.
LEADING A CONTINUOUSLY CHANGING ORGANIZATION
The organization in discussion is performing fairly and is financially fine. However, the organization has not changed with the changes in the sector it serves mainly and continues to use stagnated old ideas. The organization has several long-term employees who have shown loyalty to the company in all times. On the other hand there are few new employees who are eager to see transformation the organization.
Change is inevitable and it is important to understand what it is and how to manage it to be effective. In today's dynamic business environment it is imperative for organizations to change with the situation to remain competitive. The manners in which organizations change depend largely on the nature of business, the change and the people involved (Bourda, n.d).
Theories of change are the basis which can be used to achieve long term goals. Many of the theories stem from the change management model given by John P. Kotter. Another theory of organizational change is given by Kurt P. Lewin.
Kotter's 8-Step Change Model
In his book, Leading Change, Kotter introduced eight-step process to change. He suggested that organizations need to adopt eight step processes to implement successful transformations. The eight steps are:
Step 1: Establish sense of urgency
Step 2: Create ...
Change theories as they relate to organization in the scenario are examined. A discussion of the foundational theories upon which you would draw to lead this organizations is examined.