Research Question How Can a Company Adapt to Changes - 550 Words

Research Question: How Can a Company Adapt to Changes (Essay Sample) Content: NameInstructorCourseDateAdapting to changesChanges occur in lives. Thus, just as it is known that for every action there is an equal and opposite reaction, individuals should adapt to life changes to seek more bright futures. In the story of Who Moved My Cheese, the most predominant theme is adapting to change. This paper gives more insight into how individuals should behave in the face of new changes. According to my experience, a major change that I have seen a company face is stiff competition. In this case, the business started by producing goods that met a very high demand in the market. After sometime, the common believe of economist about free entry dearly affected the business because a company joined and started producing the same goods to feed the same market. After another month, another business ventured in with the same objective and this aggravated the situation. Thus the manager become disfigured making him to stay in fear not knowing how to react to th e dying business. There was also a problem on the employees side because they knew they would face an immediate retrenchment. In brief, this was a major change that necessitate proper thinking in tackling it the menace. The companys problem could best be handled by a manger possessing the character traits of Haw. He being one of the little people in the story, he initially had bad and lazy influence from his pal Ham (Johnson 40). Although he was caring and always mindful of the future, he did not give up to seek for food when he realized that their stock in station C was no more (Johnson 34). This character was full of motivation and less of fear on realizing that his future vision was reaching out for fresh supplies of food for further survival. Thus, the newly introduced changes in the company required more analytical and technical skill for survival. As it happens in an ecosystem, survival in the market was only for the fittest. Hence, the manager being the incumbent producer of goods and services took various actions to deal with the existing misdemeanor. He realized that not adapting to changes replaces one with extinction. So he started by introducing new forms of technology that produced high quality products than any other company. Secondly, he adopted the technique of branding which led the company into diversifying and generating products that fully met customers needs. These two ideas where breakthroughs that left the other two companies in problems and possibly dying due to lack of adequate demand for their products. Finally, the company started producing on large scale and this introduce...