Leading Strategic Change Impacts of Value Added Tax (VAT) in UAE Assessment

Question:

Assignment Briefing
Provide an assignment report which will cover the following;
Part 1: (50% of the marks)
Identify a specific identified change impacting your organization now or in the future
(within 12 month).
Value added tax of 5% (VAT) will be introduced in UAE starting January 1st, 2018. How
will that affect the business “your organization”, consumers, economy etc.. and is the
country ready?, are the business ready for such change?
Describe:
a) What is “Leading Strategic” change?
b) What is the change and why?
c) What is triggering the change – look at all relevant aspects
d) Identifying and diagnosing the change
e) Explain fully the impact the change will likely have on your organization; and why
f) What resistance do you envisage the change will meet within the organization
explain your reasoning and dealing with it
g) Change Management – how to handle the change
h) Explain what type of framework will be used
Part 2: (50% of the marks)
Outline your recommendations for how your organization will most effectively manage
the change?
a) Managing change
b) Implementing change
c) Change Management – the how of change
d) Leading change

Solution:

Table of Contents

Abstract. 2

1.1 Company Background. 4

2.0 Literature Review.. 5

2.1 Theoretical Foundation for Change Management 5

2.2 Leading Strategic Change. 7

2.3 Concept of Change. 8

2.3.1 Identifying and Diagnosing Change. 9

3.0 Research Methodology. 10

4.0 Results. 11

4.1 Impacts of The Change to Al Nabooda Automobiles LLC and All Its Stakeholders and Readiness of UAE to Embrace Change. 11

4.2 Causes of Resistance to Change Envisaged to Affect the Organization. 12

4.3 Change Management and Framework Used. 13

5.0 Discussion. 15

6.0 Conclusions and Recommendations. 15

6.1 Conclusion. 15

6.2 Recommendations. 16

References. 17

Appendices. 19


1.0 Introduction

The contemporary business environment is characterized by intense competition and challenges. In this regard, being in a position of adapting promptly to the changing conditions is a fundamental predictor of success. According to Parminter et al. (2017), in most instances, majority of senior executives in organizations tend to grapple with distinct situations which makes them appreciate that change is imperative but lack a capacity of establishing the manner in which or how change can occur. Adopting the definition of Jalagat (2017), strategic change is the process involved in altering the course of an entity which is hedged on pursuing a consequential opportunity (or threat reaction) that is precedent setting, or with an immense potentiality for risk or failure. In this case, such a process demands the existence of immense magnitude of resources and elaborate mission. Hence, not all changes are strategic. As opposed to change process which is short-term, strategic change is a multifaceted practice integrating multiple players in practice to lead an entity to a future success. The involved players include all stakeholders and their anticipated demand. Hence, this report evaluates on the extent in which a change can impact an organization at the time of its inception and future practice. In particular, the identified change is value added tax of 5% set to be introduced in UAE starting on 1st January 2018. In this report, the implications of this change to Al Nabooda Automobiles LLC in UAE, consumers, economy, profitability and market dominance will be identified. Also, the readiness of UAE and the business to embracing the change will be evaluated.

1.1 Company Background

Al Nabooda Automobiles LLC is an authorized distributor in Dubai and Northern Emirates for Audi, Porsche and Volkswagen. Currently, the company is operating approximately 12 lavish showrooms and dedicated service centers in Dubai, Sharhjah and Fujairah. Their effectiveness are hedged on the fact that they are run by effectively trained and skilled workforce with exemplary commitment to achievement of high standards of services and quality. According to Al Nabooda Automobiles (2017), the company has invested approximately 1 billion U.S dollars in different phases and ventures in the organization. My placement in the organization is head of sales and marketing. I am tasked with ensuring that the organization advances in its different markets irrespective of the underlying changes. Also, I ensure that the company increases in its sales despite of the market challenges as a result of the high competitiveness. This informs the choice of this organization as a plausible choice of carrying out this report. The objectives of this study include evaluating on how the leading strategic change affects the sustainability of the organization and identification of the best practice for the organization to manage its identified change.

2.0 Literature Review

2.1 Theoretical Foundation for Change Management

Leading strategic change as an idea of planned interventions to implement changes in individual behaviors, teams and entity performance was popularized mainly by Kurt Lewin, Rensis Likert and other Western-based organization management scholars in 1950’s and 1970’s (Sorensen et al., 2017). Also, the Pettigrew and Whipp Model demonstrated……………………………………………………………………………………………………………………………………………Please contact our team to receive guidance and support on this assessment in its entirety based on your company of work, level of expectations and any further instructions

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