Changes at Scout Mortgage

Changes at Scout Mortgage

Leadership and Organizational Behavior

Dr. J. Dorociak

June 13, 2010

Changes at Scout Mortgage

Discuss the nature of change in the work environment in the 21st century

It was discovered that change can be difficult and takes time as indicated and determined by Bill Gates of Microsoft (Hellreigel and Slocum, 2010.p.492). There are companies and organizations that fall into making the necessary adjustments as far as making the proper changes in order to keep up and stay abreast to all the demands that the corporate world is faced with for the sake of competing with others.

It was later learned that organizations that are well positioned to change will prosper, but those that that ignore change will flounder (Hellreigel and Slocum, p.493). This was realized when Sun Microsystems’s shares were lost to HP, Dell, and IBM. In this century, companies must be willing to make the required adjustments in order to remain competitive. However, there was an attempt made to recuperate their losses by inventing “throughput computing” chips that is said to manage several tasks all simultaneously. With this creation, it would require 17 percent of their existing resources just for research and development, as oppose to Dell utilizing 2 percent.

There are countless reasons as to why pressure is applied for change, but globalization, technology, social networks, and generational differences are the most prominent factors.

Globalization is defined as meaning that many markets are worldwide and are served by international and multinational corporations (Hellreigel and Slocum, p.493). Because of this, it forces domestic corporations to internationalize and recreate their operations to suit everyone. Thomas Friedman summarized the significant influences that members of management were confronted with during the late 20th and early 21st centuries that called for managers to discard their ways of business as they have known it and...