Management of Change for Apex Engineering | Desklib
Verified
Added on  2023/06/15
|25
|852
|220
AI Summary
Learn about the Management of Change for Apex Engineering in this study material from Desklib. Read about the need for change, key stakeholders, change theories applied, and the best option for Apex.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
MANAGEMENT OF CHANGE Name of the student: Name of the University:
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
CONTENTS Introduction About apex engineering SWOT analysis of apex engineering EngineeringMission and vision Strategy for engineering Key stakeholders for the engineering Company expenses Outsourcing Current team structure and roles Proposed team structure and roles Proposed personal development plan Targets and metrics Knowledge management strategy Change management process Requirement for change Objectives of apex engineering Stakeholder map Model for change Conclusion References
INTRODUCTION Engineering mission and vision Key stakeholders involved Outsourcing Review of team structure and roles Personal development plan for all team members Meaningful targets and metrics to effectively manage groups and individuals to achieve objectives Knowledge management strategy for the engineering function Change management process to affect the changes utilizing Kotter’s 8 Steps
ABOUT APEX ENGINEERING Small manufacturing company that produces custom build cranes and hoists for the marine industry Established in 1958 and have an excellent reputation for quality and delivery Considered to be the best custom marine crane builder These products are highly legislated, due to safety concerns However, due to an increase in the international competition, Apex has lost some orders from long established customers and this issue is required to be resolved
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
SWOT ANALYSIS OF APEX ENGINEERING Strengths •Quality of products •Timely delivery •Strong goodwill •Small size of the organization Weaknesses •High costs •Lack of innovation Opportunities •New and unexplored market •Scope of expanding operations in South Asia Threats •Decline in the sales •Emergence of new competitors •Intense competition in the local as well as international market
ENGINEERINGMISSION AND VISION Mission To provide the best quality products and services to our customers Vision To implement innovation in the business strategies for expanding the business operations in other markets
STRATEGY FOR ENGINEERING Reducing the overall costs incurred by the organization Expand business into other markets especially in South Asia Focus upon innovation in products and delivery Emphasize upon team developmen t and change manageme nt
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
IMPORTANCE OF CHANGE Technological advancement Customer need satisfaction Growth opportunities Changes in the economy
KEYS TO SUCCESSFUL CHANGE
OUTSOURCING Option 1:Hiring Local Engineers from South Asia Option 2:Closing UK office and starting fresh business in South Asia Option 3:Relocating headquarters to South Asia
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
CURRENT TEAM STRUCTURE AND ROLES SAM: Design Manager JEAN MARC: CLIVE: Designer HARRY: Design RAJIV:: Design Team Leader RUTH: Analysi s Leader BERNARD: Design CLARE: Design DARLEEN: Test Technicia n
PROPOSED TEAM STRUCTURE AND ROLES Design Manager Analysis + Test Manager Design Analyst Test Technician DesignerDesigner South Asia Country Manager DesignerDesigner
PROPOSED PERSONAL DEVELOPMENT PLAN Leadership Leadership Motivatio n Ambition Confidence Ambitio n
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
IMPLEMENTATION THEORIES Kotter’s 8 step change model
IMPLEMENTATION THEORIES Lewis Theory
REQUIREMENT FOR CHANGETo re du ce co st s in cu rr ed by 20 % To expand business in South Asia To ensure innovation in products and delivery Increase the overall efficiency of the organization
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
OBJECTIVES OF APEX ENGINEERING Objectives of Apex Engineerin g Enhance organizational culture Reduce costs by 20% over the next 24 months Improve organizational communicatio n Implement innovation in products and delivery Successfully implement change management
MODEL FOR CHANGE 0 to 3 months•Define change required •Determine the managers, who shall drive the change 3 to 6 months•Communication change vision •Communicate the changes 6 to 9 months•Lay off Bernard and Rajiv •Begin office savings •Justify the actions to the organizational members 9 to 12 months•Start setting up office in South Asia •Appoint Jean Marc as the new manager of South Asia office 12 to 15 months•Identify the issues faced in South Asia 15 to 18 months•Solve the issues faced in South Asia •Hire 2 new designers from South Asia 18 to 21 months•Monitor the change 21 to 24 months•Take appropriate corrective actions •Show results
SUMMARY Vision To implement innovation in the business strategies for expanding the business operations in other markets Key stakeholders creditors, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions, and the community Need for change in Apex Technological changes, changes in the needs of customers, changes in the economy and growth opportunities Change theories applied Lewis theory of change and Kotter’s change model Best option for Apex Outsourcing and restructuring the organization accordingly