Leading Change in a Global ecosystem

Leading Change in a Global ecosystem

Global affairs are often unstable. This month, Japanese stock market falters again, capping its worst single-week performance since the global financial crisis in 2008. Japan is not alone in its underperforming markets. however, globalization has connected countries by various elements. Financial markets are not an exception. This article explores issues of change in a global ecosystem and discusses the merits of change agents in todays organizations.

Change comes in many ways for organizations. In Harvard Business Review, author Rod Ashkensas put a framework on how to deal with change: Its easy to beat ourselves up over failures in change management and the various studies that show were not getting better at it. But we really do know how to execute discrete changes. The basic kind of change in organizations can be categorized as incremental (gradual) and disturbing (drastic). Incremental change can be defined as a small adjustment made toward an end consequence. Managers are either aware of the change or have enough notice so that they can react in a controlled predictable fact.

With incremental changes, organizations can make slow, methodic improvements. If you think about Whirlpool and its appliances, an individual would get a good idea on how organizations reply to incremental changes. Customers, for their appliances, wanted them to mirror societal changes. Given this reality, appliances like refrigerators went from the basic colors of white and black to more rare color combinations. Electronic technology was included to make Smart appliances. Companies now have abundant time to react to consumer need. disturbing change does not give organizations such a generous reaction period.

disturbing change is what causes great companies to fail and well respected CEOs to get fired. Organizations cannot provide to misunderstand this kind of change. Unlike incremental change which may have some predictability, disturbing change can be classified as unpredictable, irrational, and unstable. All of these adjectives average higher risks for organizations. disturbing change speaks the changing character of our society. Young adults feel comfortable with their technology. We live in an moment society that wants everything now. disturbing change can provide a market advantage.

Harvard professor Clayton Christensen, author of The Innovators Dilemma, coined a term disturbing innovation to explain how an innovation transforms an existing market or sector by introducing simple, functional, easy to reach, and affordable to customers. In fact, the produce and service will be quite inferior to the position quo produce or service. A disturbing innovation is an innovation that creates a new market and value network and ultimately disrupts an existing market and value network, displacing established market leaders and alliances. One of the most disturbing innovations to modern education has been distance learning. Traditional universities have attempted to ignore the form with only modest undertaking. The University of Phoenix, a not-for-profit institution of higher learning with over 100,000 students and 112 worldwide campuses, has slowly overtaken the educational market. While the university has come under fire for its business practices and have lost students, no one is saying that the inventive strategy of distance learning and treating students like customers is a faulty form.

Globalization with all of its wonders poses a threat due to disturbing change. Organizations need leaders who are change agents during this time in history not just managers. Dr. Christenson notes the failures of great companies like Sears to unanticipated change: As we shall see, the list of leading companies that failed when confronted with disturbing changes in technology and market structure is a long one… One theme shared to all of these failures, however, is that the decisions that led to failure were made when the leaders in questions were widely regarded as among the best companies in the world.

What is a change agent? A change agent is someone who helps an organization transform itself by focusing on such matters as organizational effectiveness, improvement, and development. A change agent has a high internal locus of change. That reality method that this person is pushed from the inside out. Under adversity, that individual has enough internal excursion to conquer external forces. Os Hillman, author of Change Agent: Engaging Your Passion To Be The One Who Makes A Difference, argues that change agents are special people.

In order to shift culture, Hillman notes that an individual needs to be special: It takes less than 3-5 percent of those operating at the tops of a cultural mountain to actual shift the values represented on that mountain. Many organizations are stuck in a rut and need a change agent to carry them out. In most organizations, the meaningful changes do not happen from the bottom-up. The following are characteristics of an effective change agent in a global ecosystem: (1) Courageous, (2) Morally grounded, (3) Global mindset, (4) Visionary, (5) Strategic, (6) Adaptable, (7) Relational, and (8) Committed.

consequently, the leaders in strength need to be change agents in their organizations. Unfortunately, many executives are unwilling to invest their time in developing and promoting change agents in their organizations due to the fears concerning their shareholders and financial pundits. With change continuing to be more rapid and unpredictable, todays organizations need to equip themselves effectively. They must embrace the recruiting and development of change agents within their organizations.

© 2016 by Daryl D. Green

This work is licensed under a Creative Commons character-NoDerivatives 4.0 International License

leave your comment

Featured Posts

Recent Posts

  • 350 T15 An Phú Đông Q.12 TP.HCM
2,750.00$ (Fixed)
  • 350 T15 An Phú Đông Q.12 TP.HCM
9.98$ (Fixed)
  • Tĩnh lộ 8, CỦ CHI
5,400,000.00$ (Negotiable)
  • Thạnh Xuân 38, Phường Thạnh Xu...
108,000.00$ (Negotiable)

Recent comments

    Top