Introduction In today's rapidly growing global business environment, change is necessary to keep pace with the competition, to innovate products and services, to meet the global needs of the business world. The Group chooses A&B Intelligent Industries to discuss and evaluate change, problems and, above all, organizational change management. Research Objective: - Identify the problem of organizational change - How the OCM strategy will facilitate the company - Appropriate recommendations on how management could improve its response to the problems, opportunities and threats associated with organizational change. Company Background: A&B Smart Industries established in 1998, is the only screw rivet manufacturer in Bangladesh. It is a manufacturing company that produces fasteners, screws, nails, rivets, clams, etc. Overview: Fasteners are screws, bolts, rivets, nuts, washers and pins etc. These are needed to assemble vehicle doors, machines, equipment and even toys. From the most complicated space rocket to simple children's toys. Fasteners are usually needed in large quantities. Because fasteners are highly standardized and used in such incredible quantities, related markets are becoming highly industrialized. Fastening industries are prospering very fast in Bangladesh, one of the most thriving fastening industries is A&B Smart industry, which is trying to keep up with the competition. Their biggest competitors are Chinese companies that were exporting fasteners to Bangladesh. In this competitive environment, smart A&B industries seek organizational change to innovate and reinvent the system. Organizational Change What is organizational change? Organizational change occurs when companies make change necessary… middle of paper… management. 1 edition. Kogan Page.Ian Palmer, 2008. Managing organizational change: a multiple perspectives approach. 2nd edition. McGraw-Hill/Irwin.Esther Cameron, 2004. Making Sense of Change Management: A Comprehensive Guide to Organizational Change Management Models, Tools, and Techniques. Edition. Kogan Page Business Books.Joe Tidd, 2005. Managing Innovation: Integrating Technological, Market, and Organizational Change. 3rd edition. Wiley.Michael Beitler, 2006. Strategic Organizational Change, Second Edition. 2nd edition. Practitioner Press International.John P. Kotter, 1986. The Directors General. 1 edition. Free press. Types of organizational change. 2014. Types of Organizational Change. [ONLINE] Available at: http://www.cliffsnotes.com/more-subjects/principles-of-management/managing-change/types-of-organizational-change. [Accessed April 19 2014].
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