MBA 755 – Reflections on Module 4 Concepts.

Change Model

I feel the empirical rational change model makes the most sense to me. This model's fundamental strategy is that men are rational and will make the appropriate changes based on the individuals self-interest. Once the individual understands and can justify what is desirable and effective he will benefit from the knowledge to apply a strategy for change.

Criteria for Renewal

Criteria that is appropriate for organizational renewal would be a complete analysis of its profitability and competitive advantage.

The choice of criteria may vary if it is a non-profit organization because the profitablity is not the concern. The criteria may simply be excellence in public serive. A government unit's criteria would be how the decisions may impact the local, statewide, or national communities. The urgency of the policy or reform effort must be taken into consideration. A for-profit enterprise must take into account the impact it has on its stakeholders.

Critiera for a project versus an organization

The criteria that seems to be most appropriate for organizing renewal would be the company's bottom line. Once you look at the balance sheet you can determine what areas may be an area for renewal, and looking at present and future values of their financial state. A lot may not change in a organization to provide renewal. It may only be small part of the business or project that would enhance business activities or even help them to gain a competitive advantage. An example would be Coke, when they tried to market a new coke flavor that wasn't as popular. By reversing back to the older more familiar taste their market shares increased.

Other Renewal Options

Other ways to make the renewal option choice other than by comparison against pre-selected criteria would be what is the expected outcome for the organization. The conditions only effect a small part or function of the organization. Another option would be an acquistion or merger, then a due diligience inquiry would be necesssary to expose all factors related to the business

Traps

Traps that await the decision maker could be failure to do a thorough analysis of the business to inform managers of all aspects of the business. Any information that is crucial to the business that may go unidentified may add additional risks to a business.

Renewal In My Life

Having a complete and full understanding of any life situation is crucial to identifying a clear path to renewal. Knowledge and options would be key to determine the way to go.