Reference no: EM133487783
Problem: Detroit Steel Corporation Case Study
Unfortunately, more often than not, organizations fail to adapt to the ever changing social, political, economic, and technological landscape. Many become the victims of their own success. In fact, from the original 1955 Fortune 500 list, only 71 companies remain today. Perhaps the maxim, change or die, is truer than ever.
Many businesses that were once household names, but failed to survive include Blockbuster Video, Kodak, Borders, Sears, Pan-Am, USPS, Hummer, Blackberry, Abercrombie & Fitch, and JC Penny, to name a few. Select one of the previously mentioned companies or one of your own choosing. From the perspective of the ADKAR model, USAID's best practices, and/or Dawson's nine considerations on the process of organizational change, in a double-spaced,
Write 4 to 6 page essay, not including the cover page, title page, or list of references, discuss the primary reasons why the company failed. What went wrong? What was assumed? What was ignored? What did leadership need to do differently? Be sure to begin your essay with a brief introduction and historical synopsis of the organization.