Managing Change Research Proposal Example | Topics and Well Written Essays - 1000 words - 1

Managing Change - Research Proposal Example n being that, with change a company gains new perspectives on its operations, develops new ways of managing itself which are intended to make a positive impact. Several organizations go through various types of changes, either as dictated by their markets or their own growth definitions. Examples of common changes are such as: Changes in a company’s corporate strategies, privatization of a company, merging or internalization and such. In these changes, a company will tend to focus on how it will grow and be able to get high returns in revenue. Other than revenue, focus may be on employee relations, management structuring, and market target and competitively in market space. Fitting into these changes will often be dependent on the reason for making the changes. In situations where companies are forced to make changes, there is usually difficulty in adjusting to their new environment. Difficulties in adjusting may hinder company growth and performance in achieving the goals set. However, a company’s management may actively be involved in the process, making every employee fit in to the changes occurring. The following proposal will cover a case on The Gulf Cooperation Council (GCC). The GCC covered banks in six countries – Qatar, Saudi Arabia, Oman, Kuwait, United Arab Emirates and Bahrain. The reason for choosing the GCC as the case for this assignment is from the recent trends in the organization. In the recent years, banks in in the above named countries have started to change their mode of operation. The change has greatly been influenced by economic forces surrounding this countries. That is, taking an example of a bank in the GCC, the traditional way of operation focused on oil-driven markets and governmental organizations. Telecommunications, tourism and other government based organizations had taken over the markets in the countries mentioned above. Banks would focus on these areas, ignoring other emerging and potential economic areas. In the recent