Change management of the Airbus Company Term Paper

Change management of the Airbus Company - Term Paper ExampleDifferentiation policy of the Company, people-centered approach, a great attention to the customers ineluctably and interests of shareholders are the basic principles of the change management policy development.Thesis Airbus is a perfect example of strategic management involvement in the process of the go withs development and functioning in the modern global world. Strategic concerns are multi-faceted and focused on the customers interests, stakeholders involvement, aerospace business profitability and advancement in the internationalist arena.Keywords aerospace industry, strategic management, profitability and advancement.Change management of the Airbus CompanyIntroductionAirbus and Boeing are two worlds largest developers of aircraft potential of the world. Financial crisis has caused a serious invasion on Airbus and the company managed to cope with the crisis rather well. Still, it is relevant to save the amount of p roduction and not to suffer great losses. In spite of the fact that in accordance with prognoses production rates of Airbus were unsustainable, Airbus does not lose its positive mood and makes an attempt to satisfy the needs of the customers, to meet the requirements of the suppliers and to take care of the stakeholders interests. ... In vagabond to beat the competition, the Airbus Company makes an attempt to advance modern and cheaper transportation, communication and technological development (Airbus Official Website). Being one of the largest manufacturers of jetliners and airlifters, Airbus has essentially grown on the fundament of its mission, vision and passion of the employees (Airbus Official Website) . With regards to the research conducted by McGuire (1997), there are certain key factors, which determine the character of the industry. The following factors may be applicable for the Airbus Company design, a scale of production, cost reduction strategies, networks, demogra phics passengers and timing are essential for a potential successful evolution of the country (Airbus Official Website). With look on to Airbus it should be noted that there is a strong development of the Company till the end of August, 2009 Airbus has designed 13 models of aircraft and sold 9,340 units with the strong customer grounding around the world which makes it passenger friendly using high technology (Airbus Official Website). Data obtained from the annual review (2005-2009) prove the fact that Airbus achieved an enormous success within the break five years in spite of challenges experienced after the worlds financial crisis (from 22,179 million in 2005 to ?27,453 million in 2008) (Airbus Official Website). There is an evident strategic advancement of Airbus in comparison with Boeing. Yearly sales of airbus increased substantially in comparison with Boeing sales for the last five years (McGuire, 1997). The following strategic steps are beneficial for Airbus advancement in the international arena the introduction of fly-by-wire, cockpit commonality and configuration of the engines