Business Change and Opportunities

Change management is an aspect that is vital for the success of a company. In contemporary world, with constant advancements and progressions in technology, change is an aspect that cannot be avoided by PM. Change management and restructuring, in addition to reorganization are all processes and practices denoted by the fact that they assess and weigh the fundamental structures with the key determination of changing such practices by way of directed and resounding interventions (Koper and Richter, 2014).

Change is inevitable. This is because with better and more progressive technologies, if a company does not choose to change and embrace it, then at the end it will become obsolete. In addition, as time passes on, the preferences of the consumers to whom the product and services the company serves continue to change and therefore for the organization to not only sustain its current consumer base and more so increase its consumer volume, the organization has to embrace change as these are aspects that cannot be evaded. In addition, this implies ensuring that the personnel or employees of the organization are prepared for change. Change management is imperative, as most individuals including employees are usually resistant to change (Pappas, 2006).

Topic 2:...

In the contemporary times, in order to lead virtual teams it is important for a manager to be a serving manager rather than a directing manager. This is very consistent and applicable in the management setting of the present business environment. As majority of the organization are making use of virtual teams, it is imperative to make use of Theory Y, which was advanced by McGregor and Motivation-Hygiene theory by Herzberg that are in alignment with the hypothesis (Tyler, 2008).
About four-fifths of corporations make use of virtual personnel and this aspect t is bound to increase even more in the future. Ensuring that these diversified groups of employees concentrate on similar goals and objectives at harmonized and synchronized periods necessitates a different management method. Some of the main factors which bring about worker dissatisfaction with respect to Herzberg's theory such as relationships with leaders, supervision, workplace conditions, and relationship with colleagues can be directly alleviated by means of appropriate execution of virtual employee groups. The other two factors which encompass salary and policies, can be emphasized upon…