Read Articles and point out important points Essay

Read Articles and point out important points - Essay Example In addition, values and protocols that exist in the current culture that are viewed as essential for the required change must be reinforced and utilized. It is equally important to promote a participative environment by minimizing resistances to change. Let the members have time to internalize the change and provide coping mechanisms during the transitional stress while dealing accordingly with burden members of the organization. Finally, the momentum of change must be maintained by constantly and publicly recognizing the new behaviors and achievements, especially on the individual level. Change can be based on economic value and organizational capability. The economic value is usually measured by shareholder value while organizational capability rests on the development of corporate culture and is measured by employee’s commitment and learning behavior. The hard approach (economic value) normally involves heavy use of economic incentives, drastic layoffs, downsizing, and restructuring. In contrast, soft approach (organizational capability) involves feedback systems, reflective management and participative environment. The six dimensions of corporate change are goals, leadership, focus, process, reward system, and use of consultants. The challenge for leaders is how economic value and organizational capability theories must be combined and applied in the dimensions of corporate change. In this synergy of theories, change can happen by increasing productivity while enriching your corporate culture with intelligent and practical use of resources and external entities. This can be implemented through flexible and collaborative effort, to some extent, of executives with much knowledge and dedication to direct and immerse to the level of their subordinates. In a knowledge-based economy, in which value creation depends increasingly

How did the rise of the corporation affect the United States What Essay

How did the rise of the corporation affect the United States What factors helped corporations form, and - Essay Example The strategy gave rise to big businesses that led to fewer people controlling the market. The presence of machines for agriculture made the United States pioneer in productions of agricultural products. The rise of the corporations transformed the United States because its economy matured (Sauvant, Mendoza & Irmak, 2008). During this time, there was a rapid expansion of big business and the rise of national labor unions. Despite all positive effects, the rise of the corporations led to the rise of wars against Americans and the removal of indigenous people from their early homes. The rise of corporations led to the growth of the population in urban centers. It also enhanced the proportion of immigrants. The most affected individuals lived in the urban centers due to the need to expand agricultural fields (Sauvant, Mendoza & Irmak,