Question

In: Accounting

tions 1. 2. Is the transformation of an organization to cost leadership a procurement responsibility, or...

tions 1. 2. Is the transformation of an organization to cost leadership a procurement responsibility, or a shared responsibility? What is the role of change management and cultural changes in driving cost leadership? 3. Discuss the key elements that are required to transform an organization, which is just beginning this journey? What do you think is the critical success factor?

Solutions

Expert Solution

1.Changing organization to cost leadership comes under shared responsibility

Explanation

Collaboration between two or more persons or bodies performing the same kind of activity in the creation of the content of an item due this cost will reduce

2.Diving cost leadership will lead employees to do work in different manner from earlier what they done

Employees may argues to change there routine Woking style to new change management play a major role convince employees to adopt new changes

With adopting cost leadership many new changes take place set of goals, roles, processes, values, communications practices, attitudes and assumptions.

3.Key elements thatrequied in transforming an organization

Three important elements of organizational change are

  1. Thinking: How people understand the organization and their ability to learn. How well ideas (management concepts) are tailored to meet the organization's needs, and how well managers communicate them.
  2. Behavior: How people react to change, how it is discussed and the attitudes that exist related to the proposed change.
  3. Infrastructure: The physical environment in which the change takes place, including technology, procedures, organizational structure and the various systems that are of relevance to the work.

It is a very critical sucess factor because to reduce cost many of employees will removed, new machines may need to deployed, employees may need to change there daily work etc


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