Here is the synopsis of our sample research paper on Change; Theory E and Theory O. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 5 page paper examines the differences and complimentary nature of two theories of change; Theory E and Theory O, Theory E looks at creating economic value and is a ‘hard’ pragmatic approach, Theory O is a ‘soft’ participative approach. The paper examines both theories and looks at how they can compliment each other. The bibliography cites 7 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEtheoryEO.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
study for many decades. The key for change is to develop a methodology of implementation that can create along term change where there is no relapse into older practices or
loss of the motivation to keep up the change. One of the more recent models proposes to approaches, Theory E and Theory O. Theory E has the approach and purpose
of creating economic value, whereas Theory O has the aim of adding organizational value; developing the organization (Beer and Nohria, 2000). By looking at each we can appreciate the
different approaches. In addition to this Beer and Nohria (2000) do not see these as inherently separated, they argue that the most effective method of change is when they are
both used in conjunction with each other. Theory E takes the hard approach, this is the task orientated functional approach (Beer and Nohria, 2000). This may be seen as
strongly in line with Milton Freidmans ideas. Friedman highly regarded economist, capitalist and Nobel prize winner. Friedman had a simple view on the responsibility of a company (Chryssides et al,
1998). Friedmans argument was that business have only one social responsibility and that is the responsibility to their shareholders or owners; the increasing of their profits (Chryssides et al, 1998).
The main aim of the business is to make profit for the shareholders. Jensen (in Beer and Nohria, 2000), argues that an organization is more functional and efficient if
there is only a single goal rather than multiple goals that may cost a company its competitive edge. This is not an approach where stakeholders such as employees do
not matter but one where society is best served with economic development and growth as society is dependant on the total value of their economy (Beer and Nohria, 2000). The
...