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Implementing Strategic Change Assignment

   

Added on  2022-09-05

8 Pages1770 Words17 Views
Business Development
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Running head: IMPLEMENTNG STRATEGIC CHANGE
IMPLEMENTING STRATEGIC CHANGE
Name of the Student
Name of the University
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Implementing Strategic Change Assignment_1

IMPLEMENTING STRATEGIC CHANGE1
Executive summary
This article introduces the concept of strategic change and implementing the strategic
change in an organization, and the difficulty faced n aligning the strategies in the corporation.
There must be a direction of change for the organizations to remain effective and efficient in
the market. Managers of the organization face a lot of challenges in implementing these
strategic changes on time and thus keeping the organizations away from the threats associated
with them. Strategic moves helps the organization in creating a type of alignment that is knew
and that fits best for the basic setup of the firm and the attributes of the organization or the
environment (Leminen, Anna-Greta, and Mika 2019). Therefore, it becomes very important
that the firm stays updated every time to stay competitive.
Main Findings:
Issues of strategic alignment:
Reorganization, a move that is diversified, shift in the core technology and the
product portfolio and other actions constitute the strategic change for the organization.
Therefore, each design is redesigned and reshuffling is being done for naming the new one
(Sanusi, Anuar and Linda 2018). The process of enacting strategic change constantly in order
to remain in the row and above over the competitors is known as strategic alignment.
However, there are several issues related with the strategic alignment; out of which the major
challenge faced is the change rate, business scope and the magnitude of disruptions impacting
the ability in maintaining the strategic alignment. However, there are certain other challenges
that are related to the alignment of the strategy. Most of the business have now expanded
geographically and have grown, resulting in the widening of the regulations and increment in
the complexities.
Implementing Strategic Change Assignment_2

IMPLEMENTING STRATEGIC CHANGE2
Issues of strategic change:
The implementation of the changes to that of the important characteristics of any
organization or business is known as strategic change. In simple words, the long term goals
and objectives set by any organization and then implementing strategies to it is known as
strategic change (Geels et al. 2018). This becomes very important for any organization as it
helps in aligning the organization with that of the competitive, technological and the social
changes and trends occurring in the environment. The major challenges faced by any
organization in implementing these strategic changes involves the formulation of the strategy
for the short term goals of the organization that are measurable, increasing the effectiveness
of the process of communication across the company for every employee present in the
organization. There is a difficulty in involving the employees through this process of strategic
change, and hence there is a difficulty in motivating them to work better. There is also a lack
of employee engagement when any strategic change occurs in the organization.
Areas of strategic alignment
Different firms have different elements whose systems are complex, each system
having the ability to change. Therefore the organizations need to be disassembled analytically
in order to gain more insight for various areas that have the capability to change. A major
distinction that can be obtained inside an organization is by analyzing the organizing business
models and the organizational system (Coleman, Preston and Raymond 2006). For every
organization, there is a different and unique business model as well as an organizational
structure that is particular for one organization only.
Business models: business model for any organization is essential for planning a successful
operation that could help in finding the sources of revenues for the business and also
intending the customer base and the products of the organization. Business models are
responsible for including information like the target audience or the customer base associated
Implementing Strategic Change Assignment_3

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