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Write a 8 page essay on Imagine you are employed in an organisation (or consulting to one) and are asked to undertake a Project Feasibility Study (PFS). The PFS is an assessment of how a given problem
Write a 8 page essay on Imagine you are employed in an organisation (or consulting to one) and are asked to undertake a Project Feasibility Study (PFS). The PFS is an assessment of how a given problem can be addressed through an organisational change process. This will contain a.
In recent years, Siemens AG has faced problems regarding competition from competitors, inability to integrate an effective corporate culture within organization and fluctuating financial performance (Körte, 2007). As an external consultant, the researcher has been asked by Siemens AG to conduct Project Feasibility Study (PFS) on change initiatives that are proposed by the company so as to address emergent problems. As part of Project Feasibility Study (PFS), the study will assess ways in which Siemens AG can address existing problems through change initiatives. In the PFS, the study will elaborate on change process that will be most suitable to address problems faced by the client and issues that are likely to arise during the change process. In order to understand context of the change, situational analysis of the problems faced by Siemens AG will be conducted in the next section.
Siemens AG is a German multinational electronics and engineering company, which is referred as a global leader in the field of electrical and electronic engineering (Körte, 2007). The company offers diversified range of product portfolio such as, engineering equipments, light emitting diodes and power stations. More than 90% of revenue of the company comes from selling infrastructure systems and engineering products (Körte, 2007). As of 2007, the company earns revenue worth of € 87 billion annually (Körte, 2007). Currently, the company has established operations in more than 150 countries with an employee base of over 450,000 (Körte, 2007).
Bradt (2013) pointed out that problems that are faced by Siemens AG are not only serious in nature, but are also raising questions against future of the company. The company is facing leadership problems as CEO Peter Loescher has recently left the job due to his failure to address volatility in profit earning of the company. Fluctuations in financial performance of the company are directed by previous unsuccessful business
