The relevance of management organizational change
With today's highly competitive and continuously evolving environment forcing business to develop and introduce more new products, in the fastest way possible to survive and succeed, more efficiency addressing of the challenges that emerge from these rapidly changing environment seems inevitable. Moreover enterprises needs to identify where they want to be in the future and hot to manage the change required to getting there.
However, some previous research has found supporting evidence of a high failure rate on managing changes by the business (Balogun & Hope, 2004). This seems be due to theory on organizational change management as well as its application in practice are still lacking a valid framework of how to successfully be implemented (Todney, 2005). Moreover literature on how change management is applied to, integrated with project portfolio and impact project portfolio success has been scarce.
A general definition of organizational change management covers the process of continually renewing of the enterprises both at an operational and strategic level to adapt to the constantly changing requirements of today's and future stakeholders. Change is efficiency accomplished when the leaders and employees fully support and accept the changes associated with this implementations. Furthermore, the leaders will share their main unique vision of the organizational change with all levels employees (Nadler, Nadler, & Thies, 2001). Those ones will be also participate actively in the integration of those changes as they cannot be only accepted in name of legacy (Cartwright & Cooper, 1996).
The main objective of this wiki article is to analyzed and search for supporting evidence of the positive impact of applied organizational change management into Portfolio management, Project management and Program management.
Portfolio management is a dynamic process through which existing business projects are constantly updated, new business projects are assessed and resources are assigned taking into account the priority of the active project (Cooper et al 1998, Graves et al 2000). At portfolio management, every change initiative is fully supported by the organization and the engagement of the leadership in this transformation process which is based on a strong business case.
Project management consist on coordinate and control all the activities belonging to a set of processes aimed at fulfilling all the requirements of this specific project. At project management, organizational change projects are associated with????
Program management are a collection of interdependent projects that are collectively lead since they share common objectives or resources or benefits. At program management, the change of the user’s needs by the time they receive the product is addressed with modifications of the product scope.
Introduction
Today's in a highly competitive and continuously evolving environment, business is forced to develop and introduce new products which will fulfill consumers expectations and market demand. The ability to address challenges efficiently that emerge from these rapidly changing environment are crucial to keep being competitive. Moreover, enterprises need to identify what type of business to be in the future, which strategy to choose and how to manage the changes appearing during the process. If we consider that an enterprise is a dynamic system of integrations among workers, leaders, technologies and work processes, internal decisions taken by each stakeholder influence all its players at different levels. For instance organizational changes enable the company to improve a current state performance in a way that the future state process impacts not only stakeholders but also the project performance. As one of the challenge of the enterprise is that it needs to find a way to be flexible in making and implementing organizational changes and do not lose its competitive edge and market share. Moreover, organizational changes modified the way we actually work. For example, if we put aside our daily routines and use our time and energy to learn new tasks, it may affect all players adaptation process. This means that agents will experience an interference of their comfort zone in a form of resistances to changes. For an uncertain time they will deal with the insecurity of not knowing whether they have the suitable skills and resources for challenging task. However, this adaptation to new realities might bring positive changes when all the players perceive new changes as advantages not only in individual level but also in business level. In this way the resistance might be minimized. The challenge enterprises face in the current global environment are related to coordination of their capacities and resources, as well as difficulties to accomplish their business goals, benefits and strategy. It happens that due to globalization, many companies manage several projects in different areas and face unexpected changes in customers behavior based on their cultural background. Thus companies have to find new ways of organizational management which allows them to relocate efficiently their resources and reevaluate their projects in a way their benefits match with their business strategy. Therefore program and portfolio management as part of organizational management are effective means of addressing those challenges in the enterprises as it will be explained below.
PROJECT MANAGEMENT project management is about coordination and control of set of processes aimed at fulfilling all the requirements such as time limit, cost budget, risk minimization and resources availability of a specific project. The goal is to manage the process in the most efficient way keeping the quality standards during the whole period. Recent studies (REFERENCES) have demonstrate that many short-term projects are canceled while long-term project are very difficult to predict. For instance, XXXXX EXAMPLE why short projects are canceled-why long term project are difficult to predict. (examples in demark)
Example.This is especially important in the case of international companies. Most of them,