In his metaphor, Friedman exclaims to his wife that he believes the world to be "flat," because of the many American manifestations that he found in India. On a deeper level than mere appearance, Friedman addresses an economic world in which the "playing field" has been leveled (Leamer, 2006)
According to this view, change is a constant part of the physical reality in which we live. Everything is in a constant state of change, and hence an infinite set of different patterns emerge (Matthews, 2008) The key of this theory and also the key in terms of strategic thinking, is that the change is not as random as it may initially seem (School of Wisdom, 2008)
¶ … Strategic Thinking for Health Care Organizations Accountable care organizations have not been around for that long, but they are already changing the health care landscape. These organizations are designed to provide a care delivery and payment model that is focused on the quality of the care (Gold, 2011; McClellan, et al
If a doctor does not provide the appropriate care, that doctor is not going to receive as much compensation. That sounds as though it would be an ideal model to help improve the quality of health care, but that may not actually be the case (Harrison, 2010)
The doctor or hospital may not agree with that level of care or plan for treatment, however, but in order to get paid the doctor or hospital will have to provide what the accountable care organization asks for instead of what else could be done to help the patient. Overall, that is something that has to be looked into in order to make sure that the patient will receive the care that is the most beneficial in treating the medical problem as opposed to the care that is the most cost effective for the accountable care organization (McClellan, et al
The fact that it can also be manipulated equally leaves the importance of those in accounting positions to think in the event the system malfunctions where their analysis can be of great help and more realistic as opposed to the system generated analysis. SVA analysis does not depict the realities in the market as it gives restrictive assumptions which cannot lead to a proper analysis and a more strategic thinking (George S. And Liam Fahey, 1990)
It is the duty of the financial managers and accountants based on their interactions with the figures and their analysis that when produced on a timely manner helps in crafting the strategies to put in place. Clear and well calculated financial position of an organization is an indicator that can be utilized to realize the strategic vision on a timely basis and can call for an emergency thinking to salvage the organization; where in such a scenario the financial managers' expertise is highly required (Mary Bast, n
The perception that the accountants and financial managers are 'mere bean counters' and cannot contribute to strategic thinking and that they don't posses tools to do so is misguided. The term "bean counter" is a common word which is used to negatively refer to the accountants and other individuals such as the financial managers whose job descriptions are viewed as that of counting every detail and tracing wastage in every aspect of the organization's expenditure compared to that of the kitchen inventory keepers who keep every record and would want to count all the beans in a sack (Wise Geek, 2003)
However this was not the first time that the company had attempted to make an organizational change to gain a competitive edge in the market. The changes were made in 2010 were spread all across the organization with the reevaluation of the hierarchies in the organization that meant a complete overhaul of the organization which can be considered a major change in the organization (Cameron and Green, 2004)
The company also wanted to use the core competency of the company that has been with it for year-their ability to innovate and research. This was possible through the restructuring so that the company could save on costs as well as develop cheaper methods of manufacturing the same quality of the product (Floyd, 2002)
The three stages are: Unfreeze: The change process often resists change by those people who are against change and this step in the change process is the period that essentially thaws or unfreezes a situation. This means that the change managers slowly but surely instills a sense of change in the organization (Green, 2007)
The assumption of the model is that the factors have an equal influence in change and hence the approach is considered to be a unified approach. Kotter's 8 Step Change Model (Murthy, 2007): This a model that intends to convert the change process into a campaign rather than a business process
The Lewin's change model is too short and simple for a large and complex and complicated company like Toyota. The large number of employees, the diversity of the employees and the complex nature of the global spread of the business would require a more robust and engaging model (Pugh and Mayle, 2009)
As is evident for the above discussion of the change steps undertaken by the company in 2011, there were some very major changes in the organization. The company drastically changed several departments' role and merged several departments together (Senior and Fleming, 2006)
Strategic Thinking and Implementation The Company and the Change The Change The Change Models Lewin's Change management Model McKinsey 7-S Model The Change Models for Toyota Barriers to Change & Methods to Overcome Them Resistance to Change Managing Change The Company and the Change For this question we choose Toyota Motor Corporation as an example where there has been a major change in the company. The change occurred when the company changed its production process to remain competitive in the market and to gain competitive advantage at a time when the competitors from Germany and America were gaining in the Japan car market as well as in the market in the rest of the globe (Toyota-global.com, 2015)
Strategic Thinking and Implementation The Company and the Change The Change The Change Models Lewin's Change management Model McKinsey 7-S Model The Change Models for Toyota Barriers to Change & Methods to Overcome Them Resistance to Change Managing Change The Company and the Change For this question we choose Toyota Motor Corporation as an example where there has been a major change in the company. The change occurred when the company changed its production process to remain competitive in the market and to gain competitive advantage at a time when the competitors from Germany and America were gaining in the Japan car market as well as in the market in the rest of the globe (Toyota-global.com, 2015)
Since being established in 1937, Toyota Motor Company has been one of the most popular brands in the car industry. Based in Japan, the Company was founded by Kiichiro Toyoda with the sole aim of manufacturing automobiles (www.toyota.co.jp, 2015)