Managing and Leading Strategic Change Essay Example | Topics and Well Written Essays - 3000 words - 1

Managing and Leading Strategic alteration - Essay ExampleHowever, the increase of the market share of Microsoft, the study competitor of IBM, led to the limitation of the king of IBM in the global market. Accenture plc and Hewlett Packard are other important competitors of IBM (Yahoo Finance 2011). The strategic plans of IBM have falsifyd many time in put together to support the increase of the fast(a)s scrap towards its rivals. In 2003-2004 a major restructuring of the firms bestow chain management framework took place, aiming to enforce the firms competitiveness the support the increase of its profits. The above plan is analytically reviewed in this paper, as explained above, aiming to show the ability of the firm to monitor its trading operations and identify its weaknesses. Also, the willingness of the firms employees to support radical make-upal changes in order for the firms performance to be stabilized, is critically evaluated. 2. Strategic change in IBM 2.1 Key change plans in IBM As noted above, the strategic plans of IBM have been periodically changed in order to align the organizational practices with the market trends and the customer needs. The last effort of such type has been developed in 2009 when the firm establish the Business Analytics and Optimization (BAO) consulting service line (Soejarto 2009). ... 2005) aiming to keep its market share against the industrys major competitors, especially Microsoft. However, the above initiative did not led to the expected benefits in 1993, the losses of the firm were estimated to $8 billion (Meyer et al. 2005). In 2003 the firms strategic planners identified important failures in the organizations supply chain management strategies efforts were made for updating existing supply chain management practices. The compound supply chain (ISC) has been a scheme introduced for helping towards the elimination of delays in the firms operations as these delays were related to failures in the exist ing supply chain management framework (Paton et al. 2006). The update of the particular(prenominal) sector of the organization lasted for 2 years, 2003 and 2004 and led to the introduction of an integrated plan for managing the supply chain dealings in all their aspects. The above change plan contributed in the improvement of the firms supply chain management. However, certain implications were not avoided, a fact that led to the limitation of the plans benefits as planned by the initiators of the particular project. 2.2 Implications of change initiated in IBM Despite the fact that change, as part of IBMs strategic planning process, has been traditionally aligned with the organizational needs and the market conditions, still, the effectiveness of the relevant plans is earlier limited at least compared to the resources engaged and the preparation made for the particular initiatives. The reasons for the delays in the development of the organizations performance need to be identif ied and evaluated also, the potential failures in the plans of change, as promoted in the