![]() NRG assessed the factors that were affecting the company leading to this By selling these projects off, theĬompany could reduce its debts and drive its debt-to-equity ratio back to a better amount The renewable energy projects were dragging down profits. NRG was having difficulties with stakeholder management, and the investments cause NRG has faced many of these factors and determined that a difference in the organization was NRG Energy recently reorganized their company structure to allow for moreĬollaboration between the various branches.įorces like political, economic, technological, sociocultural, and natural- and humanrelated forces can cause a company to access if a change is needed and often trigger the changes. Managing Change, Three Components of Organizational Change, and Kotter's change There areĪpplicable change theories and models that can guide a company through change, like AckermanĪnd Anderson's roadmap for change, Cummings and Worley's five dimensions of leading and ![]() They need to use different strategies and assess their situation from different angles. Stakeholders' needs and increase company productivity. Organization changes allow companies to transform their corporation to fit their
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