The Nature of Organizational Change Essay Example | Topics and Well Written Essays - 500 words

The Nature of Organizational Change - Essay Example ystem make profit margins of over 5%.He hopes to build a switching system and engines for trains and aims at selling water purification systems ,power plants, build steel mills in Russia ,build a cement processing plant and in Pakistan they hope to put up a desalination plant. He wants to see the that he boost his sales revenue through acquisitions as he did in the acquisition of Australian Engineering and CTI molecular firm who have assisted in acquiring of CT and MRI systems that assist in diagnosing of diseases. He has since underpinned all underperforming businesses such as the telecommunication business and made the companies structure simpler. When most people thought that he would put the underperforming business under a joint venture, he went ahead to sell the poor selling handset business unit to Taiwan BenQ Corp. The Chief Executive officer (CEO) is a transformational kind of leader who intends to change the culture of the organization and has led the organization to become one of the leading companies in the world. Since he took over the company, he has been able to push over the 400,000 employees to make decisions that are quick and to focus more on customers as they do in technology. Most of those who have worked with him say that he is very easy to work with. According to Jack Bergen, he describes him as a good communicator and a person who is able to build consensus. Therefore, he is a team player, a person who is able to consult widely and a go getter (Edersheim and Drucker 117). The company has eleven main entities that operate distinct and separate entities with their own board members and therefore communicating any change for the Chief Executive officer (CEO) is a big problem. He faced a very huge task of trying to change the mind set of his senior managers and employees so that they could keep up with the changes that were taking place in the global economy and technology. He also faced a lot of resistance from those who perceived him to be

Guest speaker Presentation write-up topic related to international Essay

Guest speaker Presentation write-up topic related to international financial market - Essay Example When sole proprietors want to increases their source of capital, they can partner with other likeminded entrepreneurs to form what is referred to as partnership. A partnership can get capital from members’ contribution, and loan among many other sources. One advantage of this kind of business is that all members can have full control of the business, and partners can help each other to contribute more capital. Unlike sole proprietorship, the partners do not get 100 percent of the profits as it has to be shared among the partners. The return for individual partners is in the form of profits which are shared. A partnership can increase its capital by selling part of the ownership to the public. Consequently, the partnership becomes a limited company. In this kind of venture, the shareholders get returns in the form of dividends. They are also granted a right to vote, but they do not have direct control of the company, and they do not make day to day decisions. This role is assigned to directors, who are voted by the shareholders. One disadvantage of selling shares to the public is that the profits are reduced, as many shareholders have to be paid dividends. A company is liable to pay corporate tax, while the shareholders are taxed on their dividends. A company has several advantages, including continuity of ownership because the shares are transferable. The shareholders trust the management of the company to the directors through what is referred to as agency relationship. This structure comes with scores of problems, especially because some agents do not act in the interest of the shareholders. A company can expand its capital base by investing overseas (Spadaccini