Managing and leading change (CORUS) Essay Example | Topics and Well Written Essays - 1000 words

Managing and leading change (CORUS) - Essay Example During severe changes, employees are supposed to have efficient and reasonable planning, confident and efficient decision-making, and timely communication. In order to survive and flourish in today’s environment, organization should become quicker and open to external demands. They should encourage experimentation and take initiative in innovating and managing change; rather respond to what has already occurred. Investment must be done in training and performance coaching. A new information system must only be implemented by examining human association with such changes, exploring whether the change is successful, supported or not (Alvesson, Bridgman & Willmott, 2009). Otherwise the changes are incomplete and create tension and drags down the momentum suppress results. 2. The organization is greatly decentralized; furthermore autonomy is permitted to member companies to large extent in terms of tactics and functions. The company’s approach to managing new acquisitions h as been entirely hardheaded. The Tata corporate brand is the main tool for bringing together the group, which represents the standards which are common by almost all the conglomerates of the group. Creating partnerships with the providers and the consumers is the new stratagem of the company that modifies the market as well as alters the interference and communication with the consumers. They show care, respect, consideration and kindness for partners, customers and providers around the world. Their mission is to increase rate for the shareholders, preserve position as one of the world’s lowest-cost steel manufacturer and strengthen position as a global competitor (Judge, 2011). 3. The organization has been itself changed a lot with the passage of time. These changes help to make sure that all the people pull in the same direction. The organization has provided a safe workplace and demonstrates high ethical standards. It also respects the environment and cares for its entire people. This strengthens the peoples’ trusts, hence increases the potential and they work more willingly. The business is conducted fairly, with sincerity and transparency (Pritchett & Pound, 1995). It also offers programs to encourage quality education. These strategies help in the development of organization along with its people. 4. Equal opportunity, enduring individual growth, equality, common belief and joint effort and collaboration are the core principles of their policy. Truthfulness, indulgent, brilliance, union and responsibility are the values that support these principles (Knill & Balint, 2008). Talented employees is vitally essential in any organization hence they are able to get the employee loyalty by providing them chances of improvement and enhancement, giving them fine and challenging jobs and by competitive reparation and profit schemes (Debrah & Smith, 2002). Diversity within the staff significantly boosts overall potentials, based on this fact they ensur e the equal opportunity for all the employees without any discrimination on the basis of race, social status, religion, color, parentage, gender, age, nationality, ethnicity or disability. They encourage and enable all in their organization to develop and grow with the development of the business by improving managerial and technical competences of employees through internal improvement and training programs. 5.