Change management of the Airbus Company Term Paper

Change management of the Airbus Company - stipulation Paper ExampleDifferentiation policy of the Company, people-centered approach, a great attention to the customers needs and interests of sh arholders are the prefatory principles of the change management policy development.Thesis Airbus is a perfect example of strategic management matter in the process of the companys development and functioning in the modern global world. strategic concerns are multi-faceted and focused on the customers interests, s view asholders involvement, aerospace business advantageousness and advancement in the international 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 impact on Airbus and the company managed to cope with the crisis rather well. Still, it is relevant to save the nub of performance 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 order to beat the competition, the Airbus Company makes an attempt to advance modern and cheaper transportation, communication and scientific development (Airbus Official Website). Being one of the largest manufacturers of jetliners and airlifters, Airbus has essentially grown on the basis of its mission, vision and warmness 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 pursuance factors may be applicable for the Airbus Company design, a scale of production, cost reduction strategies, networks, demographics passengers and timing are essential for a potential successful evolution of the country (Airbus Official Website). With respect to Airbus it should be famous that there is a strong development of the Company till the end of August, 2009 Airbus has designed 13 models of aircraft and exchange 9,340 units with the strong customer base around the world which makes it passenger friendly using high engineering science (Airbus Official Website). Data obtained from the annual review (2005-2009) prove the fact that Airbus achieved an enormous success within the oddment five days in spite of challenges experienced after the worlds financial crisis (from 22,179 one thousand million in 2005 to ?27,453 million in 2008) (Airbus Official Website). There is an evident strategic advancement of Airbus in comparing 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 accession of fly-by-wire, cockpit commonality and configuration of the engines