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Impact of Change on Organisational Strategy in Cosmos Tours & Thomas cook : Assignment
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Added on 2020-07-22
Impact of Change on Organisational Strategy in Cosmos Tours & Thomas cook : Assignment
Added on 2020-07-22
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Understanding andleading change
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Comparing two organisations with impact of change on an organisational strategy andoperation......................................................................................................................................1P2. Evaluation of ways through which internal and external drivers of change impacts uponleadership, team and individual behaviour..................................................................................3M1 ..............................................................................................................................................5M2 ..............................................................................................................................................5D 1...............................................................................................................................................5P3 Measure that can be taken to minimise negative impact of change on organisationalbehaviour.....................................................................................................................................5TASK 2............................................................................................................................................7P4 Various barriers of changes and their impact upon decision making leadership...................7M3...............................................................................................................................................8D2 ...............................................................................................................................................8TASK 3 ...........................................................................................................................................8P5 Different approaches of leadership while dealing with change.............................................8M4.............................................................................................................................................10D3..............................................................................................................................................10CCONCLUSION...........................................................................................................................10REFRENCES.................................................................................................................................11
INTRODUCTIONEnvironment in which business exists is flexible in nature and it is important for managerand leader of an organization to deal with several conditions of modification in a proper style sothat company can get adequate . Understanding of change is taken as a necessary factor forenhancing business transactions much more prospering in nature. Thus, employees, leaders andother staff working in company has to take such changes properly for increasing productivity andgenerating revenue as much as possible (Anderson and Anderson, 2010). This report includescomparability between two enterprises in which modification in business environment gives theireffect on operations and strategies. Whereas, drivers of changes causing on company behaviouralso get examine in good order and some barriers are also their which gives direct effect onjudgement making of leadership. Apart from this, there are various approaches of leadership arealso examine properly for meeting changes. This assignment consider Cosmos Tours andThomas cook both are in operation with success in United Kingdom and there main objective issupply superior service and encourage Great Britain. TASK 1P1. Comparing two organisations with impact of change on an organisational strategy andoperationWhen business environment changes, it includes modification in the operations oforganisation, procedure, policies and structure. As discussed earlier in nature, they are dynamicso that they can give their impact in a positive and negative manner. All these things should beunderstood by leaders and managers of organisation so that they can easily minimise negativeimpacts. Instead of all these, if modifications are evaluated and examined properly then thesehelp in enhancing the productivity or generated more revenue. There are many small scaleenterprises in environment and they adapt changes in their trading operations and plan of actionso that they will be capable to deal with for development and better results.There are several changes which are adopted by organisations like policies, strategy,operations, employees and many more. These factors should be understood and examined bymanager and leader properly so that they can gain better outcomes. For dealing with thesechanges, company needs proper plan and strategies this task is doing comparison betweenThomas Cook which is founded in 1881 product serve by them is international holidays,1
education Forex, Indian holidays, passport, insurance and visa services. On the other hand,second company is Cosmos tour founded in 1961, headquarter of which is in Bromley, UKservices provided by them is holiday packages. Comparison between these two firms is asfollows-BasicThomas CookCosmos TourEmerging technologiesTravel business is widest andincreasing sector in todayword. Thomas Cook is largescale organisation because it isserving variety of products forthat they requires technologiesfor better product andcustomer satisfaction (Aslanand Reigeluth, 2013).This is a small scale companywhich requires appropriatetechnologies for productionpurpose. Thus, for newtechnologies, firm requiresmore funds. Emergingtechnologies affect theproduction of organisation.Modification in externalfactorsExternal factors includegovernment policies, substituteproducts and new firms. Ifthese are changed then it cangive negative impact alsobecause of these changes largeorganisation effect more. Tocompete with these respectivecompany have to modify theirpolicies and strategies.These factors affect less tosmall organisations becausethey are working in limitedarea. Thus, these give lessimpact and there is no need ofchanging the strategies andoperations.Structural changes These changes andmodification don't harm bigorganisation and there is noneed of changes becauseThomas Cook alreadyfollowing proper structural.Structural changes givesimpact Cosmo Tour. Thus,changes is required inoperating strategies so thatthey can work efficiently andeffectively.All requirements related to changes should be framed in a proper manner.2
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