Problems

Failure Analysis and Change Strategy

This paper will detail the objectives, vision, and mission of one organization that failed in the last five years and one organization the succeeded in that timeframe. This paper will detail indicators of the success or failures of the organizations and how specific organizational behavior theories could have explained or predicted the success or failure of the organizations. The paper will detail the role of leadership, management, organizational structure, and organizational culture contributed to the success or failure of the organizations. For the failed organization, the learning team will assume the role of the CEO before the failure of the organization. This paper will detail what the learning team identified as the most vital areas for change and the potential barriers most likely to occur. This paper will identify the power and political issues within the organization and how the learning team would address those issues. The paper will also detail the steps the learning team would follow to implement organizational change using John Kotter’s eight-step plan for change implementation (University of Phoenix, 2013).

Objectives, Vision, and Mission

Indicators of Success and Failure

There are numerous indications that a business will be either a success or a failure including the leadership style, organizational structure, and how an organization communicates. Paulson and Company Incorporated’s Chief Executive Officer (CEO) has an authentic leadership style that focuses on building trust with employees. The CEO knows himself, what he believes in and acts on those beliefs. The CEO is willing to go against a financial trend even though the outcome is uncertain and his employees hav...

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...Brothers. This paper detailed the indicators of the success and failure of these organizations and the roles that leadership, management, organizational structure, and organizational culture contributed to the success or failure of the organizations. The Lehman Brothers overly invested in the real estate market and failed to diversify. The organization should have recognized the risk and taken steps to mitigate the risk. The organization was faced with an unforeseen economic downturn and the need to change the organizational culture from rewarding excessive risk taking and over investment in the housing market to a more cautious and diversified strategy. Successfully implementing change is difficult for any organization but by following Kotter’s Eight Step Plan the Lehman Brothers could have changed the fate of the organization and still be in business today.