Importance And Importance Of Organizational Change

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End Term Report | Section A TOPIC: CHANGE OR DIE Submitted By Chaitanya P (PGP14027) Rahul R (PGP14033) Pranav A (PGP14030) Ravikanth V (PGP14035) INTRODUCTION This paper attempts to explain the importance of change and the process of change in a professional environment. We took up a research journal for reference and shall be taking inferences from that from time to time as we proceed through this paper. The research paper is titled “IMPORTANCE AND INFLUENCE OF ORGANIZATIONAL CHANGES ON COMPANIES AND THEIR EMPLOYEES” authored by George E. HALKOS and Dimitrios BOUSINAKIS of University of Thessaly. To elucidate further about the research, the research is conducted through a random sample of 355 employees in the private and …show more content…

Organizational change mainly consists of two parts - Operational Change - Transformational change The operational change is the change in the processes required for the functioning and growth of the company. The focus is mainly on improving the efficiency of the process which results in the end product of the company. It also consists of including the right amount of workforce and the right quality of workforce. The objective should be to remove people from the company who do not add value to the company, to cut down on costs and salaries wherever possible, cut operational budgets and to sell off assets which do not produce much value. The transformational change is the change in the functioning of the company. The company can venture into a totally product line or may start with a new business line. The main reason for this type of change is the improvement in technology and increased cut throat competition. So in order to survive in this increasingly competitive environment, the competitors need to undergo the required change in their systems. Reasons for Organizational …show more content…

Resistance is always smaller if the nature, goals and benefits of change are clearly defined. If the employees realize that change will primarily benefit the company, and not them, then it is more likely to pose greater resistance. The only solution to tackle the resistance is to have a two way dialogue to explain the rational behind change and also the benefits one can get after the change. CONCLUSION: After the empirical analysis, it was found out that the change would cause stress in the employees, destabilize their behaviour and initially lead to resistance. Younger individuals between the age group of 25-45 years old saw change as a challenge for creativity, action and evolution. It was believed by 77 percent of the respondents that productivity will increase much or very much with change. Everybody recognized the necessity and the interdependence of change with productivity. It is very important to incorporate the change with minimal resistance. In order to overcome resistance from the employees which effects the productivity, leadership comes into picture which plays a crucial role to tackle resistance. To inflict change without pain these steps should be kept in

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