Strategic management Essay Example | Topics and Well Written Essays - 4000 words - 7

Strategic management - Essay Example This essay analyzes that both power and political skills are necessary for conducting corporate functions in a benefit reaping way. While power provides for the energy that can help in strategic management, political skills act as the mandatory components that help the management of the organization to implement the strategic management initiatives in the practical scenarios of the organization. However, both power and corporate politics should be employed in a controlled and monitored manner so that the negative effects of these factors like biased behaviors, exploitations and high levels of autonomous and dictating behaviors can be avoided. Organizational change can be stated as an alteration in an organizational environment, technology, human capital, and culture. This form of change is essential for the organization in order to stay competitive in the marketplace. Organizational change can be regarded as a constant force, a threat or opportunity, and reality. Change cannot take p lace on its own but it requires the support of a change agent. Change agent undertakes overall responsibility for change or is the one to structure change initiative. This change agent is also held responsible for efficiently managing organizational change. There are various dimensions of strategic change and leadership plays a significant role in the change process. Change is an aspect which cannot be ignored in organizational or social context. There are different factors causing strategic change.