Organizational Culture and Change

Organizational Culture and Change

In the world of today, being dynamic is the key to success. The reason behind this is that due to factors such as technological advancements and globalization, the organizational and environmental boundaries are getting blurred on a very rapid pace. In order to cope up with this changing organizational requirement, the leadership of every organization has to take several important steps at different types. These steps could range from changing the employee mindset to bringing about a revolution in organizational culture. Where this sounds easy to execute, there are umpteenth number of factors to be considered in this regard including areas of attention such as the organizational profile, portfolio and the activities of the relevant competitors. In order to better understand about how leadership plays its role in the process of bringing about organizational culture wide change; an in depth discussion regarding the relevant factors is required.

Home Depot is going through the phase of the expansion and facing some real problems in the business. Although the Home depot is at high growth but it became difficult for the management to sustain the quality of operations of the business. Due to expansion the Home depot is facing some financial challenges such as cash flow challenges, inventory turnover rate, store manager ranks thin and issues like profit retention. Each store of Home depot vaunted utter independence making the operations of the company highly inflexible and due to this inflexibility the company is unable to avail the advantage from economies of scale. The sales of the home depot has grown from nothing to $ 50 billion but from there onwards the company has to change the culture of the organization keeping in mind the vision, strategy and leadership of the company to increase its sales (Charan, 2006). ...