Harvard Saudi Aramco Strategic Change Management Paper
Description
Request: Covid-19 has affected allorganizations and the world as we have known it no longer exists. Throughoutthe world, organizations need to relook at the way they operate. Your task isto help Saudi Aramco manage this change. Saudi Aramco (https://www.aramco.com),officially the Saudi Arabian Oil Company, is a Saudi Arabian public petroleumand natural gas company based in Dhahran. As of 2020, it is one of the largestcompanies in the world by revenue.
Analyze the key decision-makers in Saudi Aramco and determinethe challenges, what needs to change, and the consequences of not changing.Apply change tools and models and develop a change strategy and plan. Also showhow Saudi Aramco can lead its stakeholders in developing and adopting thestrategy for change, how they should plan to implement the chosen changestrategy and how they should deal with resistance. Reflect on what you havelearned from this process and what you could have been done better.
Write up the total process in a written assignment formatby answering the questions below. Strict academic guidelines need to be adheredto such as referring to credible academic journals and articles and followingthe Harvard referencing format.
Answer the following questions (The maximum number of words islisted after each part)):
1. Executive Summary [Max-100 words]
2. Introduction of Saudi Aramco and background to change(historic set of changes-highlight the major ones as part of the sustainabilityof Saudi Aramco) [Max- 500 words]
3. Examine the need for change in Saudi Aramco. Assess thefactors that drive the need for strategic change and critically evaluate theresource implications for not responding to these changes. [Max 700 words]
4. Explain any two change management models and evaluate therelevance of these models in Saudi Aramco. [Max-500 words]
5. Describe any three major types of recent changes what SaudiAramco has already done and evaluate their implications on the companyperformance. [Max-700 words]
6. Investigate the barriers to change during the changes inquestion 5, and explain how did Saudi Aramco overcome those barriers? [Max-500words]
7. Conclusions and recommendations. [Max-500 words]
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