Thursday, November 21, 2019
Organization and transformation Essay Example | Topics and Well Written Essays - 5500 words
Organization and transformation - Essay Example It is evident that the world keeps changing at an extremely rapid rate. It is rare that a single day passes without the news of another discovery or a boundary pushing inventions. Globalisation seems to have dominated much of the corporate and political scenario lately. It has compelled organisations to reallocate resources completely. Major impacts have been more visible in case of the SMEs while the airlines industry has demonstrated significant changes among the large enterprises (Organisation for Economic Co-operation and Development, 1997, p.286). On the other hand, the dark side of globalisation has given rise to exploitation, terrorism, refugees and the like. The rate with which the changes have been taking place has been outpacing peoplesââ¬â¢ abilities to catch up with the change. Organisations people rely on, for meeting their regular needs and wants have been demonstrating rapid and dramatic changes. Such changes are being incorporated in terms of the organisation strat egies, structures, systems, boundaries and also organisational expectations from their managers and staff. The concept of change management gains relevance in the context of an organisational setting. Mangers and leaders must understand the reasons why change takes place, the way changes happen, and the things that are required to be done for making the change more acceptable and welcoming (Cameron & Green, 2004, p.2). The Case Canadaââ¬â¢s Bombardier was established in the year 1942 and was initially involved in the making of snowmobiles and various other similar equipments. However, the focus has now shifted towards the manufacturing of airplanes and trains. In fact the company has evolved as the leader in the manufacturer of trains and takes the number three position in the manufacturing of civil aircrafts (Simpson, 2011). Even amidst the economic downturn the companyââ¬â¢s stock prices and revenues have remained at a high level. This demonstrates the success the company ha s been able to achieve which has acted as a shield against the external shocks in the economy and helped it to stands high when most other companies were incurring losses. Over the recent past, it has also been able to boost its level of investments which reflects through its designing a completely new airplane, which is called the CSeries. The special benefit that this design provides is that it is characterised by lower emissions and incurs lesser costs in comparison to the remaining airplanes. Pierre Beaudoin, who has been the CEO and President of the company since the year 2008, has attributed resilience of the company significantly towards its present culture. Beaudoin is known for taking the initiative of completely changing the culture of the organisation and making a complete transformation of the way the company operated and functioned in the industry. He had done this being the president of Bombardier Aerospace. The transformation was primarily in the form of changing the company which was driven by engineering and manufacturing goals and also has in depth cultural divisions to that which was
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