Book Review on 'The Modern Firm' Essay Example | Topics and Well Written Essays - 1500 words

Book Review on 'The Modern Firm' - Essay Example Hence, these bits of knowledge can be all the more promptly applied to any creating business firm to accomplish the ideal degree of progress. As indicated by the Economist, The Modern Firm is the ..best business book of the year...deserves to be a classic...Nobody, it would now be able to be stated, is completely fit to run an advanced firm until they have perused The Modern Firm. (The Economist, sixteenth December, 2004). Times additionally concurs with Economist calling the book â€Å"interesting† that isn't so in numerous business literary works. Objective The book’s objective is to explain a portion of the center ideas in authoritative financial aspects in a language open additionally for the laypeople (Fredrick Tell, November 2006). The Wave of Change In this book a solid reasonable structure has been created to examine the interrelation between business condition, serious methodology and hierarchical plan highlights. As per Fredrick Tell, the fundamental issue th at Roberts examines is the way highlights of system and association can be altered by a â€Å"designer† in order to accomplish more elevated level of execution according to the firm’s setting. Businesses from all the sides of the globe are presenting new and current structures for their associations. They are going in for better and imaginative engineering. They are changing their procedures and schedules. Consequently, we find that the all out corporate culture is experiencing an emotional change in an offer to expand their benefit. Nonetheless, every one of these progressions are contributing towards an incredible change that vows to recreate the whole association. Henceforth, we can see that the qualities and convictions of any association are significantly changed with the progression of time. The progressions don't stop at the foundation level yet proceed onward to the force making specialists as well. Thus, more current administering bodies are being shaped insid e the associations that influence the general choice taking power. The authoritative diagrams are being redrawn while the labor is contracted and made as different as could reasonably be expected. Redistributing is additionally coming up as a financially savvy and straightforward arrangement that takes care of a significant part of the efficiency issues. The system to remunerate and persuade individuals is being redone. The data framework is additionally being overhauled to incorporate most recent innovations. Subsequently, the whole association is enduring a facelift to introduce the business in a more beneficial and better manner. Necessary Changes John Robert contends for these progressions as he says that they are mandatory for the development of the enterprises. He says that these progressions would influence the association in a superior manner and quicken the companies’ execution and development. Be that as it may, the essayist alerts that the change ought not be never really cost of the essential benefit recipe. The ventures that are as of now effective and demonstrating extraordinary money related returns should keep on grasping that triumphant equation while influencing the necessary by and large change. The Determinants of Performance According to the essayist, the presentation has three determinants-Strategy, Organization and Environment. Procedure: What product is appropriate for which advertise? Association: It comprises of an assortment of laborers and the manner in which they are assembled. Condition: Customers, contenders, innovation, administrative and majestic setting, different social, segment and political highlights, etc. At the point when every one of the three determinants work as per each other then the presentation level is boosted that bring about a more prominent degree of accomplishment. PARC is Roberts’

How the printing press effected the media world essays

How the print machine affected the media world articles On the off chance that it were not for Johan Gutenbergs innovation of the print machine, education would not be the place it is today. That is way the innovation of print is viewed as an interchanges unrest. One of the viewpoints that will be talked about is the means by which society pre-existed before the print machine and how data was gathered and dispersed all through the networks. Writing was turning into much increasingly mainstream so the world was prepared for an innovation that would assist this with requiring for progressively artistic material. A significant viewpoint is the innovation of john Gutenbergs print machine and what movement occurred after it and what sway it had on Europe and the world. Before paper and print were imagined, oral correspondence was the main way data was assembled and disseminated. Everything from expense to governmental issues and legitimate issues were talked about orally. This sort of correspondence was up close and personal and just individuals present could hear the message. Despite the fact that this bound the network together, it didn't permit the network to develop and there were no methods of putting away data with the exception of in the cerebrum, additionally if the network proceeded onward or died so did their verifiable records and information. However, not every person was uneducated. The neighborhood clerics were taught and could be utilized for exacting administrations like the composition of wills. The congregation was the main maker of books like lit up original copies (500-1500c), scrolls which were pragmatic for recounting education content and codex which were reference books, produced using material or creature skin. These were uncommon as they set aside a long effort to create and sovereigns had them as superficial points of interest (eighth eleventh c) regardless of whether they couldn't understand them, they presented a picture of knowledge and force. Education was gradually developing yet books were as yet costly and set aside a long effort to deliver. A priest could go through a year or more to recreate one book of scriptures. In 105AD the Chinese had made paper and square printing was brought to the... <!

Blog Archive October 16 Long-Term Planning Seminar (Online)

Blog Archive October 16 Long-Term Planning Seminar (Online) Applying to business school in 2011? 2012? Its not too early to start planning! By taking action now, you can dramatically improve your chances of gaining admission to a top MBA program in the coming years. Indeed, it is never too soon (and certainly not too late) to take several crucial steps to shape your MBA candidacy. Join mbaMission Founder Jeremy Shinewald as he leads prospective applicants through a Long-Term Planning Seminar. Topics of discussion will include the following: * Creating Your Ten-Month (and Beyond) Timeline * Maximizing the Impact of Community Activities * Accelerating Personal Goals * Building an Alternative Transcript * Taking and Retaking the GMAT * Making the Most of Campus Visits * Understanding the Differences Between MBA Programs * More… Date: Saturday, October 16, 2010 Time: 2:00-3:30 p.m. EST Location: Online Price: Free! To register, please click here. Share ThisTweet mbaMission Events

The Power Of Context By Malcom Gladwell - 1297 Words

Arguably, human beings face cognitive association in their daily life. This occurs in the different spheres of life spanning from personal relations to different encounters that man has. The different associations we have been found to be instrumental in shaping up man’s thoughts, as well as behavior and cognitions. Both behavior and cognition are two important aspects of social psychology, which discusses the human behavior in the various social settings. These researchers established that man has different characters that are influenced by the presence of other individuals. Furthermore, the characters are dependent on one’s social influence, the social perception and the various social relationships. In most times, character develops through the entire life, and each situation comes with a lesson. Family, friends and peers, among others, are external forces that shape a person’s character. However, in the article â€Å"The Power of Context,† Malcom Gladw ell argues that the environment influences peoples’ characters as well. Gladwell reviews aspects of people’s behavior development, how and what shapes their character. In this essay, Gladwell communicates his arguments of the effects of cognitive associations and physical surroundings on the behavior of a person through the analysis of psychological and social experiments. He specifically describes the epidemic theory and notes that it explains why crime is contagious just like the different fashion trends. This means that crimeShow MoreRelatedThe Tipping Point By Malcom Gladwell1000 Words   |  4 PagesIn The Tipping Point by Malcom Gladwell, Gladwell discusses how ideas are spread as a result of social epidemics. Through his concepts of The Law of the Few, The Stickiness Factor, and The Power of Context, we can examine how certain ‘sticky’ trends spread through our society. The trend I will be examining now is the current ‘man bun’ epidemi c. The so called ‘man bun’ came to be the latest fashion trend for men due in part to the internet and to other factors as discussed in Gladwell’s The TippingRead MoreSocial Determinism And Its Power Over People s Perception Of The Truth1365 Words   |  6 Pagesstory. By the same token, in Malcom Gladwell’s â€Å"Power of Context† and Karen Ho’s â€Å"Biographies of Hegemony,† the two authors explain the ideology of social determinism and its power over people’s perception of the truth. The power of inducements play a big role in the way people are able to understand reality. The complexity of the truth can often alter the way people perceive things because there are so many different meanings that people interpret from the context of stories and situations. ThereRead MoreThe Mind s Eye By Oliver Sacks859 Words   |  4 PagesHowever, the physical senses are not the only way for individuals to capture correct information, imagination also plays a very significant role while most individuals percept information. In the following article the two authors Oliver Sacks and Malcom Glad well show case how Cognitive association is of significance importance when it comes to sight. Another elaborate importance of cognitive association to sight is eyes of the mind concept ,whereby the writers explores the changes that human body

The Effects Of Gun Violence On The Society - Free Essay Example

Sample details Pages: 2 Words: 481 Downloads: 5 Date added: 2019/03/20 Category Society Essay Level High school Tags: Gun Violence Essay Did you like this example? The one thing that I think that should change in this world these days is gun violence. Because sometimes people take gun violence too far and they shouldnt take it that far. School shootings, public places, and unlocked weapons. All schools these days are getting worse each day and more unsafe for these kids to attend school with all of these kids bringing guns to the school and shooting all of these kids and teachers. Like this need to stop right now these people dont deserve to die especially the kids theyre too young there parents will never see them get married and have kids. Its just sad what people do these days to the kids at school. No wonder why some kids are scared to go to school because they think that will happen to them one day and they will never see their families again. Don’t waste time! Our writers will create an original "The Effects Of Gun Violence On The Society" essay for you Create order The same thing goes for public shooting like the shooting at the clubs and concerts basically anywhere you go these innocent people are getting harmed and killed by these people who starts the shootings. I think the people who are causing these shootings need to get some help and get there life straight because theyre putting these kids and other people lives in danger and it just needs to stop because it makes me sick how these innocent people are dying because of these shootings. Lastly, having guns unlocked and just laying around is really bad especially if you have kids. I think all weapons especially guns should be locked away in a safe or something so our kid cant get to it. Because one day your child could find it and start playing around with it not knowing its real and theres bullets in it and the child can accidently shoot itself or someone else and thats not good because you can get sued and get charged a lot of money. I just want to change this so bad because of all of these innocent People dying because of these shootings that are going on. I think guns should be locked away for good unless its an emergency. I think the only time we should use guns is for emergencies only. And not use guns just for fun because these kids will never grow up and have kids and get married. So this needs to end because I want this world to be a better place where everyone can be happy and safe, and doesnt have to worry about shootings. And the kids can be safe going to school without all of this going on. In conclusion, I would love to get rid of gun violence because of the school shootings, unlocked guns. And public shootings. I hope I can be able to change this one day because it would be amazing if I could just put an end to all of this.

Graduation Speech I Am A President And Vice President Of...

First, I would like to thank everyone who nominated me to be either President or Vice President of HCBA. I am Maya Hairston, a sophomore Conflict Analysis and Resolution Major, minoring in Business and Communications. This upcoming year will be my last full academic year here at Mason as I will graduating in December 2017. I am very committed to HCBA, so my hopes are that I would be selected as President. I will graciously accept the role you all think is best for me and that can maximize my strengths. I have been to every meeting and made countless contributions. Some of my contributions include sending out emails, planning events, representing HCBA publicly, and working closely with faculty to clarify the vision of HCBA. I remember when our Sunday Night meetings in Mertan Hall had a maximum five people present. I have watched this initiative grow alongside many of you and we have constructed a mission and vision we wish to see come true within the Honors College. I am qualified to be the president of this organization because I understand its purpose. I meet the GPA requirement with a 4.0 cumulative GPA. In addition, I am well acquainted with many of the faculty and staff of the Honors College including our potential advisor, Dr. Berger. On more than one occasion, I have represented Honors College Black Ambition on panels for incoming students as well as work directly with Dr. Hoefer on recruiting incoming students at events such as the Spring Preview and Celebration of

Nationwide Petrol Station and Truckstop

Question: Discuss about the Nationwide Petrol Station and Truckstop. Answer: Introduction: Organizational change refers to the changes in management and business processes of an organization. Organizational changes are necessary from time to time in order to remain ahead of the competitors and to survive in the long- run. There are several difficulties associated with changes such as resistance from employees (Benn, Dunphy Griffiths, 2014). However, embracing changes is essential for the growth and development of an organization. Successful companies know the importance of organizational change in achieving competitive advantage. It involves understanding the needs and wants of the customers and developing products and services accordingly (Cameron Green, 2015). It involves ensuring that the quality of products and services meet the expectations of the customers. The report explains the organizational change in Z Energy Limited. Z Energy Limited is a New Zealand based company, which acts as a fuel distributor. The organization has its own branded service stations. It is a dual listed public company and a successor of Shell New Zealand Limited and Greenstone Energy Limited. The organization was founded in the year 1911 as Shell New Zealand Limited in Auckland. The organization is located in more than 305 locations in New Zealand and Australia. The company mainly deals in diesel, petrol and oil. The organization provides employment to more than 2500 individuals. The company supplies fuel to several large commercial and retail customers such as airlines, mines, trucking companies and several others. The organization is also involved in providing bitumen to the roading contractors ("Quality fuels, Forecourt service, Nationwide petrol station and truckstop network, Fresh food and great coffee - Z is for New Zealand | Z", 2017) The senior management team of the organization comprises of Chief Executive Officer, Chief Financial Officer, General counsel, General manager corporate, General manager supply and distribution, General manager retail, General manager commercial, General manager HSSE (Health, Safety, Security and Environment), General manager people and culture and General manager marketing. The organization has its board of members, which comprises of seven people namely Peter Ward Griffiths, Alan Michael Dunn, Paul Fowler, Marko Bogoievski, Dr. Bruce Harker, Abby Foote and Justine Munro ("Quality fuels, Forecourt service, Nationwide petrol station and truckstop network, Fresh food and great coffee - Z is for New Zealand | Z", 2017). Products and or services of the organization Z Energy Limited is a New Zealand based company, which acts as a fuel distributor. The organization has its own branded service stations. The company mainly deals in diesel, petrol and oil. The company supplies fuel to several large commercial and retail customers such as airlines, mines, trucking companies and several others. The organization is also involved in providing bitumen to the roading contractors. For motorists, the Company offers fuels, such as ZX Premium Unleaded, Z91 Unleaded, Z Bio D Biodiesel and Z Diesel. The organization is located in more than 305 locations in New Zealand and Australia ("Quality fuels, Forecourt service, Nationwide petrol station and truckstop network, Fresh food and great coffee - Z is for New Zealand | Z", 2017). The Company also supplies bulk fuel to trucking companies, airlines, transport firms, construction companies, power generators, farmers, loggers and mining operations. The Company also supplies bitumen to roading companies. The goal of the organization is to represent the capabilities of New Zealanders to put their minds to the things that matter such as putting service into service stations, supporting local neighbors, fueling New Zealand to grow further and rewarding the investors for their trust in the company ("Quality fuels, Forecourt service, Nationwide petrol station and truckstop network, Fresh food and great coffee - Z is for New Zealand | Z", 2017). The organization aims to bring out purpose to life for their customers, shareholders and stakeholders. The purpose refers to what guides everything the organization does that is to solve what matters to for a moving world. The vision of the company is to become a globally recognized Kiwi company and become a role model for other organizations. Political factors: Political factors play an important role in the survival and profitability of an organization. Z Energy deals in diesel, petrol and oil in several countries and has to deal with the political environment and the several risks involved in the political systems across the nations. In order to ensure profitability in the energy industry across the nations, it is necessary to diversify the potential political risks. There are several factors that are required to be analyzed while conducting business overseas. The factors involve political stability in the other nations, corruption levels, legal framework, trade regulations, anti- trust laws, pricing regulations, wage legislation, taxation policies, industrial safety regulations, interference level of the government in energy industry (Zalengera et al., 2014). Economical factors: The economic conditions of the countries affect the business functions of Z Energy. Several factors such as inflation rate, interest rates, foreign exchange rate, savings rate and the economic cycle of the nations determine the demand of the products of Z Energy. Several other factors that determine the demand of the products of Z Energy involve the level of competition within the country. The organization can study the information related to the inflation rate, growth rate, tastes and preferences of the customers, etc in order to forecast the demand and profitability. The economic factors to be considered involve kind of economic system, type of market, exchange rates, quality of infrastructure, condition of the financial markets, comparative advantages, workforce skills, education level, labor costs, business cycle stage, economic growth rate, unemployment rate, discretionary income, interest rate, inflation rate and several other factors (Makos, 2015). Social factors: The culture of a society highly influences the success or failure of an organization. The attitude and belief of the people play a vital role in determining the marketing and sales strategies. It is necessary to understand the buying patterns of the customers in the target market in order to determine the scope of success or failure of a business. Therefore, it is necessary to study the demographics of an area, the education level of the population, class structure in the society, culture, entrepreneurial spirit, attitudes and leisure interest of the target population (Team, 2013). Technological factors: There have been rapid changes in the technologies all over the world. The transportation industry has witnessed several technological advancements in the past few years. The number of vehicles has also increased over the past few years. The taxi industry has also gone through a massive revolution with the introduction of several companies such as Uber. Automation has changed the outlook of the car industry (Petrou, Demerouti Schaufeli, 2016). Therefore, Z Energy is required to study the technological changes of the rivals, the impacts of technological changes on the products offered, impact of cost structure and value chain structure in the Energy industry and the level of technological diffusion. Legal factors: The legal structures differ from one country to another. Therefore, the organizations are required to study the legal structures of the countries in which they operate. Z Energy must also analyze the legal framework and the legal institutions in the countries in which it operates. Some of the legal factors to be considered involves discrimination law, consumer protection law, data protection law, health and safety law, employment law, intellectual property law and anti- trust law prevalent in the energy industries across the nations (Anderson, 2016). Environmental factors: The several environmental factors that affect Z Energy involve weather, climate change, air and water pollution, waste management systems, endangered species, etc. The business activities of Z Energy highly affects the environment, therefore; the organization is required to study the impact of the business activities of the organization on the environment (Nacamulli, Sheldon Della Torre, 2017). Research objectives To understand the importance of organizational change To identify the organizational changes required in Z Energy Limited To analyze the impact of organizational changes in Z Energy Limited To suggest suitable organizational changes that shall help the organization to further develop and increase its profitability The data collection process involves primary data collection method and secondary data collection method. In this case, both primary data collection technique and secondary data collection techniques would be appropriate to identify the areas in which organizational changes are required within the firm to improve its efficiency. In case of primary data collection, the employees of the organization shall be interviewed in order to know the type of organizational changes that are necessary for the further development of the organization (Orkin, 2014). The organizational change might be related to personnel change, technological change or remedial changes. For this purpose, the organizational members shall be interviewed and the results obtained from the data collected shall be analyzed to take further actions. The organization comprises of more than 2500 employees and a random sample population of 500 employees shall be interviewed in order to derive conclusions for the entire populati on. In case of secondary data collection, the market trends in the fuel and energy shall be analyzed in order to find out the necessary changes that are required. The strategies utilized by the competing firms shall also be analyzed in order to find out suitable organizational changes and strategies that shall help the organization to remain ahead of the competitors (Best Kahn, 2016). Research findings and Discussion The research findings indicate the necessity of reorganization the personnel within the organization in order to improve the efficiency of the organization and remain ahead of the competitors. The organizational change shall require personal development, ergonomic work place and improving the level of job satisfaction among the employees (Matthews Ross, 2014). The organization is required to undergo massive hiring and layoffs in order to ensure that the best employees remain within the organization. A major issue found was presence of a large number of older staff that has become unproductive and lack the technological advancement. Therefore, the organization is required to hire fresh candidates with higher productivity and greater knowledge of technologies. However, these changes might negatively affect the employees. Therefore, it is necessary that the organization ensures that the organizational change is managed in an appropriate manner that does not result in resistance towards the change. Another major change required for increasing the competitive capacity of the organization requires mergers, acquisitions or joint ventures. This shall increase the financial strength of the organization and shall enable the organization to explore the international markets and obtain benefits from them. The organizations operate in close relation to the society and involve social factors that are required to be considered. Organizational change management is highly dependent upon the social factors such as demographics and social mobility, lifestyle patterns and changes, attitudes and actions of people, perception and influence of media and ethnic and religious differences (Haslam et al., 2014). The biological perspective of managing change considers that the perceptions of the individuals differ from each other. The perception of an individual changes as it grows to an adult and matures until he dies (Colquitt et al., 2013). For example, the perceptions of the employees of Z Energy Limited might change from time to time. In such a case, it becomes necessary to consider the opinions of the organizational members in order to ensure successful change management. System perspective Systems perspective states that even a small change within an organization might have several impacts on the organization and its members. For example, there are several subsystems in a human body such as respiratory system and muscular system in the similar manner, there are several sub systems within an organization, which are inter related to each other. Any change in one system shall affect the other systems (Wooten Hoffman, 2016). Therefore, it is necessary to consider the impacts of the changes on all the related systems. The rational perspective is within the power of the managers to influence as they possess appropriate authorities and adequate resources that helps in achieving the organizational objectives (Dawson Andriopoulos, 2014). For example, suggestions and opinions from the managers in Z Energy Limited must be taken in to consideration before deciding the change and implementing it within the organization. Change is an important part of every organization (both small and large organizations). In the fast changing world, it becomes necessary for the organizations to adapt and implement the necessary changes in order to remain ahead of the competitors and survive in the long- run. The organizations that manage changes efficiently have more chances of becoming successful. The process in which organizations manage change differs in terms of nature of business, the change involved and the people involved. The Lewins change model comprises of three stages namely unfreeze, change and freeze. The first stage is unfreezing. In this stage, the organization gets ready for the change (Cummings, Bridgman Brown, 2016). This involves understanding the fact that the change is necessary for the betterment of the organization and getting prepared for moving out of ones present comfort zone. The more the organization feels that the change is necessary, the more it is motivated to implement the required changes. The second stage involves change or transition. In this stage, the organization actually implements the changes. This stage is often referred to as the most difficult stage (Burnes, 2017). There are high chances of resistance to changes as it is difficult for the people associated with an organization to accept the changes. The last stage involves freezing. In this stage, the organization aims at establishing stability after the necessary changes have been implemented. The changes are accepted by the organizational people and they start feeling comfortable with their present routines (Bartunek Woodman, 2015). John Kotters change model Kotter trusted that it is basic to experience a few stages keeping in mind the end goal to effectively actualize changes inside an association. The initial step includes making a feeling of urgency. As indicated by him, for a change to be effective, more than 75 percent of the members of the organization must feel the need and criticalness of the change. The change must be actualized when it is distinguished as any postponement in executing change may prompt misfortunes and wastefulness of the associations (Calegari, Sibley Turner, 2015). The second step includes making a directing coalition. This progression specifies that it is important to include the authoritative individuals keeping in mind the end goal to effectively actualize the change on the grounds that the senior administration and officials cannot be the only ones who execute the change. The senior experts are required to control the representatives of the association and help them to adjust with the progressions. The th ird step includes building up a dream and technique. It is important to build up an appropriate system and vision. The change administrator is in charge of creating proper methodologies that will direct the change procedure. They are required to include all the key partners in the change administration process (Pollack Pollack, 2015). The fourth step is passing on the change vision. It is exceptionally important to impart the progressions that are to be actualized inside an association that might influence the key partners. Change cannot be actualized effectively by insignificant arranging the change rather, it is important to pass on the progressions to the related partners so they can set themselves up for the progressions to be executed inside the association. The fifth step includes engaging representatives. In this progression, the change isn't just passed on to the related partners yet in addition they are permitted to concoct their contemplations, fears and thoughts in regards to the change. It is fundamental to include the general population who should be influenced because of the progressions so that there is no protection and the change is actualized with no obstacles. The 6th step includes producing temporary wins. Keeping up force is basic for the effective usage of progress. Short- term wins is one of the techniques that assistance in the fruitful usage of changes by making early progress. The seventh step includes merging gains. In this progression the fleeting wins should positively affect the related individuals and they might be urged to additionally actualize the adjustment keeping in mind the end goal to get long haul picks up (Issah Zimmerman, 2016). The eighth step includes mooring new methodologies in the way of life. The associations must be continually engaged with growing new methodologies that assistance in the hierarchical advancement in light of the fact that the methodologies, which have been effective in the past might not be fruitful later on. Along these lines, the associations must be inventive and creative and thought of another approach when the past methodologies appear to be of no utilization. Hard or soft model The 'hard' components of change are the undertakings inside change management, which are characterized and measured. Soft elements, for example, culture and inspiration might be harder to evaluate. Accentuation might be set after overseeing undertaking factors to the detriment of delicate components amid change intercessions; nonetheless, Farkas (2016) contended that four hard factors correspond to the result of progress mediations, to be specific: term (time span); honesty (dependence on administrators); duty (of all associated with change); and exertion (inside the chance of time permitted). While portraying change, organizations are required to consider the speed and size of progress, and relate this to the issue of multifaceted nature. The issues that change present to an association can be seen by supervisors as 'challenges', which are 'limited' in that they can be very much characterized (determined) and can be managed without including or affecting on the more extensive associ ation. Another classification of issues are those which can't be all around characterized and are 'unbounded' as in the more extensive association is embroiled and should be engaged with managing these sorts of issues. In the case of Z Energy Limited, the change is soft change as it involves change in the human resource management. Total quality management (TQM) refers to the organizational effort that is developed to enhance the quality of products or services provided by the organizations. In the highly competitive environment, the organizations are required to pay more attention towards the quality of its products and services (Mitra, 2016). Several organizations nowadays hire external consultants and initiate several quality training workshops for their employees. Successful companies know the importance of total quality management in achieving competitive advantage. Total quality management involves giving preference to the needs and wants of the customers and developing products and services accordingly (Goetsch Davis, 2014). It involves ensuring that the quality of products and services meet the expectations of the customers. In case of total quality management, the initial objective of the organizations is to identify and meet the expectations of the customers. According to Total quality management, a product is of no worth if it is unable to satisfy the expectations of the customers (Dale, 2015). Another aspect of total quality management is that it focuses upon continuous improvement. High performance work organization High performance work organization refers to the organizations, which have greater involvement of the organizational employees in the decision- making process. The high performance work organizations provide greater control to the organizational employees over their reward structure, which results in greater efficiency and motivation among the employees (Gimenez- Espin, Jimnez- Jimnez Martnez- Costa, 2013). The high performance work organizations aim at increasing the job satisfaction of the employees by providing them with several benefits and rewards such as profit- sharing, job rotation, job enlargement, job enrichment, on the job training, outside training, incentives, pay based upon merit and several other benefits (Jensen, Patel Messersmith, 2013). It is necessary for the organizations to aim at becoming a high performance work organization in order to remain profitable in the high competition market (Katzenbach Smith, 2015). Conclusion Organizational changes are necessary from time to time in order to remain ahead of the competitors and to survive in the long- run. There are several difficulties associated with changes such as resistance from employees. However, embracing changes is essential for the growth and development of an organization. Z Energy Limited is a New Zealand based company, which acts as a fuel distributor. The company supply fuel to several large commercial and retail customers such as airlines, mines, trucking companies and is one of the leading suppliers of fuel and energy in New Zealand. However, the organization is required to undergo massive hiring and layoffs in order to ensure that the best employees remain within the organization. A major issue found was presence of a large number of older staff that has become unproductive and lack the technological advancement. Another major change required for increasing the competitive capacity of the organization requires mergers, acquisitions or join t ventures. This shall increase the financial strength of the organization and shall enable the organization to explore the international markets and obtain benefits from them. Recommendations Z Energy Limited is required to emphasize upon its human resource management techniques in order to ensure successful change implementation. For this purpose, the organization must must involve the organizational employees and managers and devise suitable motivational techniques to avoid resistance to the changes. An in depth market research is necessary to identify the market trends and the marketing strategies used by the competitors. Only after the collection and analysis of the relevant data, the change must be initiated. It is also necessary to keep the organizational employees satisfied in order to obtain their support during the entire change process. The organization must follow Kotters eight steps of change management in order to ensure the success of the organizational change. For the change to be effective, it must be ensured that more than 75 percent of the members of the organization must feel the need and criticalness of the change. The change must be actualized when it is distinguished as any postponement in executing change may prompt misfortunes and wastefulness of the associations. It is fundamental to include the general population who should be influenced because of the progressions so that there is no protection and the change is actualized with no obstacles. Smart objectives Activities Methods Time frame Increasing the competitiveness of the organization Collecting data regarding the competitive strategies of the rival organizations Analyzing the current strategies of the organization Making provisions for detailed market research 1 month Increasing the level of job satisfaction among the employees Involving the employees in the change management process Offering attractive wages and incentives to the employees Using non- monetary motivational techniques to motivate the employees Implementing effective human resource management techniques 2 months Implementing the change management successfully Promoting the necessity of the change Involving organizational employees Helping the organizational members to become comfortable with the change Following Kotters eight steps of change management 6 months Referencing Aarons, G. A., Ehrhart, M. G., Farahnak, L. R., Hurlburt, M. S. (2015). 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