Organizational Change

In a business environment that is struggling to recuperate after the stock market bubble burst, 9/11, Enron and other corporate scandals, change has become the keyword for survivability in a volatile market. CEO's and Boards of Directors are now being scrutinized for every action taken, whether it is benign or malignant. Stockholders are clamoring for change within the organization to provide insurance against any decrease in share value or dividends. With this in mind, a review was conducted on several articles that discuss the current trend in organizational change, including the reasons for the change, how the change affects the employees and whether the methodologies used to implement change are effective.…