Managing Organizational Design and Change Essay

Managing Organizational Design and Change - Essay Example Developing the scenarios is one of the main strategic planning processes for the managers of a company. A company needs to develop its business strategy based on the analysis of different possible scenarios in order to get an awareness of threats and challenges that may occur in future. This process of analyzing all possible future scenarios while developing strategies or defining short-term and long-term goals holds an important place in ensuring success of a company. The planners need to rank the possible scenarios considering all internal and external factors and positive and negative consequences of each factor. The planners also need to identify commonness in all possible future scenarios in order to prepare in advance for the potential outcomes of the scenarios. Some of the most common benefits of ranking the scenarios include selecting the best possible business strategy, identification of possible threats and challenges to the business, identification of the competitors, desi gning a result-oriented marketing strategy, and achievement of business goals and objectives by designing a good business strategy based on the analysis of scenarios. Answer: No: 2 Strategic drift refers to the flaws in a strategy, which prove their existence when the strategy cannot go along with the changes in the environment. Strategic drift occurs when the pace of strategy is not fast enough to keep up with the pace of the changing environment. Two important factors, which create strategic drift for a company, include culture and history. History of a company plays a significant role in shaping the overall culture of the company. If the managers neglect the importance of history while developing a strategy for the company,... This essay stresses that a company’s goals never depend on design and strategy of a company rather it is design, which depends on a company’s goals because organizational design is developed to meet the company’s goals. Understanding of goals makes it easy to organize the company’s functions accordingly. A balanced scorecard focuses on entire business strategy in order to judge the performance of the organizations. It translates business strategies into measurable objectives and outcomes. The four main perspectives measured by balanced scorecard system include internal business processes, customer relations, financial processes, and innovation and growth. This report makes a conclusion that management of organizational design and change is a very important aspect of managing an organization. Strategy of a business plays a vital role in the success of a business. No company can ever be successful without developing an effective business strategy. A number of issues are related to business strategies, which managers need to understand properly in order to run the businesses successfully. Some of those issues include ranking of scenarios, strategic drift, lack of proper knowledge, integration of quality systems in business strategies, and business scorecards. Managers need to consider these issues while developing business strategies in order to make the strategies effective and successful.