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Change Management

   

Added on  2023-04-23

12 Pages3923 Words364 Views
Leadership Management
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CHANGE MANAGEMENT
Change Management_1

Table of Contents
Change management..................................................................................................................1
Introduction................................................................................................................................1
Task 1 .....................................................................................................................................1
1) The driving and restraining forces for change in Soloni Oil........................................1
2) Kotter’s eight steps to transforming organizations could havebeen used by leaders to
manage the transition to virtual teams..............................................................................2
3)Explain resistance to change and the reasons why the Nigerian Team are...................4
resisting change................................................................................................................4
4)Nigerian Team’s resistance to change be viewed as.....................................................5
ethical...............................................................................................................................5
5) Explanation of the term “Individualistic and Macho”..................................................6
Conclusion..................................................................................................................................7
References..................................................................................................................................8
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INTRODUCTION
Soloni oil is a gas and oil Exploration company headquartered in London, UK. This
company wants to expand its business in Nigeria. Recently it has expanded its business in
two different geographical areas i.e. North-West Territories of Canada and Saudi Arabia.
This company’s aim is to minimise the effects of all its operations and reduce the emissions
developed from carbon dioxide (CO 2). Therefore, in order to expand its business Soloni Oil
has to restructure its operation by developing virtual teams. This change is going to prove
beneficial for small team which are present at Nigeria, who needs to have regular visits from
UK. After restructuring of UK management team, it has became the smallest and least
productive team. Now there is no difference between UK and Nigeria team. So, Soloni Oil
thought that now it will be easily for them to arrange the virtual meeting on a regular basis.
But, it created difficulty for Ben Smith, Senior Project Engineer and Tim Fennell. The reason
behind this is that senior staff is not attaining the virtual meeting conducted by the company.
Due to which junior staff are also not able to achieve the desire objective of the meeting.
Therefore, due to this Ben was not able to perform this task properly.
TASK 1
1) The driving and restraining forces for change in Soloni Oil.
Soloni Oil is one of the growing oil companies who want to expand its business to other
countries. But in order to expand its business Soloni Oil has to take into account some
changes. Some of the change proves to be driving forces and rest proves to be restraining
change.
Driving forces of the change are the factors which prove to be beneficial for the company
in order to increase its productivity (Bhatnagar, 2010). In simple words, it can be said that
driving factors are those factors which increases productivity of the company. Similarly on
the other hand, restraining forces of change are those factors which creates problem in the
company. In simple words, it can be said that, restraining factors are those which decreases
the level of company's productivity. Therefore, according to this case study some of the
driving forces of changes in Soloni Oil are as follows:- Reduce the cost of travelling: - UK Company has been restructured in order to reduce
its size. After the reduction of UK firm, UK and Nigeria firm have become the sole
team i.e. they are now the smallest and least productive teams. Due to the size of both
the firm, company can now easily organise virtual meetings between both the firms.
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Increases the value of its shareholders: - At the time of expansion of two firms in
North-West Territories of Canada and Saudi Arabia, Company aim to reduce carbon
dioxide emissions(Burnes, 2003). This proves to be one of the driving forces for the
company.
According to Swot analysis changes developed by the Soloni Oil are beneficial for the
small teams present in Nigeria. These changes are effective, efficient and help in
profit maximization.
Similarly on the other hand, there are some of the factors which prove to be restraining
forces of change in Soloni Oil. Some of such factors are:-
Soloni Oil aims at restricting its UK business into small and less profit generating
firm in order to conduct virtual meeting easily. But, at the time of organising the
virtual meetings many problems were faced by the company especially to Ben Smith,
the senior project engineer and Tim Fennell. At the time of organizing virtual
meetings connection problem rose from Nigeria. Many staff members did not arrived
at the meeting on time (Cameron and Green, 2015). Therefore, this in turn frustrated
Ben. Since Ben wanted to discuss the project in Nigeria with the geoscientists and
wanted to communicate the same to the geoscientists present in Canada and Saudi
Arabia in order to expand its business and achieve its set vision.
PESTLE
Factors Affects
Political Political factors are the factors which influences the working of the company
due to the imposition of government policies and norms. Thus, this factor
can affect the company while expanding its business to Nigeria.
Economic Economic factors are the factors which affects the investment decision of the
company. Therefore, it is analysed that economic condition of the Soloni oil
is good. Large amount of capital is present.
Social Social factors include the various aspects related to culture. It includes health
consciousness, population growth rate and emphasis on safety. Thus, Soloni
oil should make efforts to expand its business considering the health and
safety of customers.
Technological Soloni oil company should use latest technology by undertaking the research
2 | P a g e
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