Organization and transformation Essay Example | Topics and Well Written Essays - 5250 words

Organization and transformation - Essay Example Personal Lessons 23 Organizational Lessons 24 References 26 Key Themes Value Creation; Market Share; Organisational Restructuring; Integration; Service and Product Enhancement; Organizational Innovation Introduction The world is moving with a rapid pace with the incorporation of large number of developmental activities being generated in the field of technology and human resources. In fact the growth of immense competition in the external environment of the company is demanding large number of transformational activities being pursued in the internal environment of the company. ... Further several foreign firms are also making huge foray into the so called protected markets by breaking down the trade barriers constructed by the governments of the day. (Levy & Merry, 1986, p.3-4).This need for organizational transformation has given birth to the concept of transformational leadership in the new organisation structures. The change management to be effective must strongly involve the incorporation of both human and technological resources in an optimal manner to achieve business objectives. Transformational leaders henceforth must endeavour to create change in the existing organisational culture through motivational leadership aimed at enhancing the productive aspects of the people concerned. The process of organizational transformation henceforth aims at rendering total human development in terms of enhancement of the aspects of self esteem and in creation of a secured job environment. People belonging to the change culture are found to gain vivid work experience s while working with the new organisational processes and systems. Thus this process helps in also cultivating the concept of a learning organization. Change management in the organization thus helps in building a learned workforce which would help the organization to reach to new boundaries in terms of both market share and revenues. (Chawla & Renesch, 2006, p.105-108). The revenues of the firm from 1990 to 2010 grew along a rapid pace and reached $ 9.5 billion in 2010 from a meagre $1.6 billion in 1999. The strategies incorporated by the Chairman of the company to achieve the above ends consisted of augmenting the value of the shareholders of the company and