Archive for the ‘Business’ category

Change Management in Business

November 29th, 2011

While an organisation is working on different parts in the process of change, the key to the change effort is to connect and balance all pieces, just like an orchestra. In order to achieve this balance, an idea of having a Transition Management Team (“TMT”), consisting of a group of leaders and managers, reporting directly to the CEO, should be formed. There can be pitfalls though, if people in TMT are not right people.

John P. Kotter would call it the Guiding Coalition, and creating a strong one is number two in his eight steps to transforming an organisation. He stated several times that it is very important to create a strong guiding coalition with right membership.

Transition Management Team can be compared with a typical task force that companies usually create to approach change. A typical task force will work in isolation, reporting only to the boss, and they won’t communicate with any people in the organisation until they finished whatever plan they are working on. This could be totally disastrous to the organisation as it is creating information vacuum, inevitably forcing people to create their own imaginary assumptions to fill in the gap. Unfortunately, imaginary assumptions are usually worse than what is really going on.

However, a Transition Management Team is nothing like that. The TMT oversees the large-scale corporate change efforts. The team should include a cross-functional team of highly talented leaders from different levels in the organisation, and manage the operational issues, anticipate and manage the reactions that change generates, and ensure there are ample and congruent communication. Not only that, Transition Management Team also deals with emotional and behavioural issues rising from the change efforts.

In principle, Transition Management Team has eight main responsibilities, which are roughly similar to John Kotter’s eight stages of transformation, though not in the exact order. And these responsibilities are what they have to coordinate and manage, but not entirely accountable to fulfill them, as it will require every person in the organisation to participate. » Read more: Change Management in Business

Greater Investment on Outdoor Furniture Industry in Indonesia

November 26th, 2011

Indonesia is known as the home for all tropical trees and plantations since this country still has very large forest areas which are preserved well so far. This makes Indonesia as one of the most potential source for furniture industry because this country owns everything required for furniture industry started from large and potential natural resources where there are millions of wood supplies available in tropical forests, cheap costs for labors, operations and better distribution infrastructures.

This is also the reason why a furniture company such as PT. Rattanland Furniture has gained its significantly successful business so far since this company can maximize the whole advantages that have been gained by this company. Of course it’s also because this company has always been able to provide the wide markets with all finest outdoor furniture products that meet the market expectations. As one of the highly experienced outdoor furniture manufacturer and also exporter this company surely knows that high quality outdoor furniture materials as well as updated styles play very important role to maintain significant sales.

In order to attract more attention from the global customers competitive prices are perhaps never enough since it also requires effective strategy as well. This is the reason why free shipping costs are also given by this outdoor furniture exporter to increase the sales.