Compose a 3250 words assignment on change management of singapore shippping corporation. Needs to be plagiarism free!

Posted: December 30th, 2021

Compose a 3250 words assignment on change management of singapore shippping corporation. Needs to be plagiarism free! Singapore Shipping Corporation (SSC) is a medium-size ship owner with 3 car carriers with a total capacity to carry 13,929 units of cars. Although it has been in business for over 40 years, yet it has not been able to expand appreciably in the ship owning and operation activities. Playing safe it has always offered its tonnage on time charter without taking any risks. It has confined itself to owning and operating car carriers that have a limited market. It now aims to expand its business to enable it to weather recessions and be more competitive in the market with diversified capabilities.
It has been proposed to the management that the company should now move into the more lucrative break-bulk and container cargoes. For this, it is advised to acquire more ships suitable for these trades. While the company is financially capable of this diversification and expansion, the management and the workers need to change their corporate culture from a relatively secure environment of working of a subservient nature to the more challenging and volatile environment of cross trading in the bulk and general cargo markets.

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