Business environment changes

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Reference no: EM133776259

Question

As the business environment changes, it is necessary for a business to evolve and change with it to remain successful. In order to make changes, it is necessary to identify what needs to be changed, how the culture of the organization supports change, and what the goals of the changes are. Management and employees must be willing to accept and embrace the change. Below you will see a list of companies that neglected to make changes that might have allowed them to remain viable. Choose one of the following companies and evaluate how creating and managing change might have allowed them to remain successful. Most of these companies were among the most successful in their respective industries but are either no longer in business or a mere shadow of their former selves.

• Blockbuster

• Blackberry

• Kodak

• Sears

• Pan-Am

• MySpace

• Yahoo

• Xerox After choosing your company, write an essay that examines the mistakes in change management that the company made. Make sure your essay addresses the following bullet prompts:

• Describe the company that you have chosen.

• Explain which environmental changes were ignored by the company.

• Evaluate how management neglected to properly

Reference no: EM133776259

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