Topic > Change management and change process (merging ISPAT and...

1. Introduction“Organizational change is something that occurs throughout the life cycle of an organization and affects the entire organization rather than a part of it. Change is increasing due to the number of forces including globalization driven by rapidly advancing technologies, environmental resources, cultural diversity and economics, therefore the ability to recognize the need for change and implement change strategies in Effectively responding proactively to internal and external pressures is essential to organizational performance Internal changes may include organizational structure, external changes involve government legislation, process and human resource requirements, competitive movements and customer demand (Wood et al, 2010). “ISPAT Industries Ltd is one of the fastest growing flat steel manufacturers in India and mainly produces OEM quality steel products for automobiles and home appliances. application with cutting edge technology (most modern plant than all other steel plants in India including TATA, SAIL and JINDAL) under the aegis of young and dynamic executive directors working in finance, marketing, supply chain and resources human ,management group of a group of individual upstream and downstream steel plants owned by Mr. Mittal with a total turnover of 3.5 million tonnes.2. Background Information Market factors have pushed mergers and acquisitions to be more competitive in terms of supply, demand and price competitiveness. The needs of the steel market were homogeneous and had both global and national customers, and due to the homogeneity of needs and brands, they were transferable. Economic factors have also been favorable for mergers and acquisitions due to the standardization of core products, both companies have been able to enjoy economies......middle of paper......team and personal skills of the inferiors . Leadership according to ISPAT meant motivating staff, “As CEO and president, my primary responsibility is to inspire respect.” According to Mittal, quality must be combined with innovation. He repeatedly emphasized that "to achieve excellence, the employee must strive for perfection." ISPAT also believed in the positive Pygmalion effect towards its employees. He asked the question: If the workers or employees were treated well, why were they unhappy and suspicious and hostile towards the company? According to ISPAT, the point of view of a successful employment policy depends on whether employees hear what they want. According to Mittal, in addition to good leadership, both managers and employees must earn loyalty. He promotes loyalty and yet encourages his manager to make difficult decisions.