Is Neoliberalism in crisis today Essay Example | Topics and Well Written Essays - 2500 words

Is Neoliberalism in crisis today - Essay ExampleIn other words, a change towards a neo-liberalized creation is taking place. Ronald Reagan and Margaret Thatcher had adopted much(prenominal) an approach much earlier as a means to economic growth and welfare of the citizens. But recent events like the global recession gestate brought about doubts regarding the long term effects of neo-liberalism. This paper looks at the touch of neo-liberalization with regard to organizational change at the macro and micro levels in the world today. It will review whether this construct is relevant and whether its future as a saviour of mankind is in peril. The paper will first review the concept of organizational change at micro and micro levels. It will then discuss the concept of neo-liberalism and then review its impact on organizational change. convert in organizations has been studied seriously by many authorities from diverse spheres such as wariness, psychology, anthropology and sociology. Prominent among them are Kurt Lewin and John Kotter. This is what authors from the field of management have to say about the two authorities mentioned above. Richard Swanson, a noted authority on human resources development says that The classic metatheory of change is Kurt Lewins (1951) field theory. This theory remains at the core of most change theories (Swanson & Holton 2001, p. 137).About Kotter, authors George Manning and Kent Curtis has this to say - There are many models for understanding organizational change. One of the outflank is an eight-stage process provided by John Kotter of Harvard University (Manning & Curtis 2002, p. 281). These two theories apart from those propounded by others form a framework for implementing organizational change. But what is important in this context is the impact of neo-liberalism on organizational change. As mentioned earlier, the business world is changing