IntroductionIn today's rapidly growing global business environment, change is necessary to keep up with competition, for product and service innovation, to meet global business needs. The group chose Smart Industries A&B to discuss and evaluate change and issues and, more importantly, organizational change management. Research Objective: - Identify the issue of organizational change - How OCM strategy will facilitate the business - Appropriate recommendation on how management could improve its response to the opportunities and threats associated with organizational change. Company Background: A&B Smart Industries, established in 1998, is the only manufacturer of screw rivets in Bangladesh. It is a manufacturing company manufacturing fasteners, screws, nails, rivets, clams, etc. Overview: Fasteners are screws, bolts, rivets, nuts, washers and pins, etc. These are necessary for assembling the doors of a vehicle, machine, equipment and even toys. From the most complicated space missile to simple children's toys. Fasteners are usually needed in large quantities. Because fasteners are highly standardized and used in incredible numbers, their markets become highly industrialized. Fastener industries are thriving very fast in Bangladesh, one of the thriving fastener industries is A&B Smart industry, and it is trying to keep pace with its competitors. Their main competitors are Chinese companies that previously exported fasteners to Bangladesh. In this competitive environment, smart A&B industries seek organizational change to innovate and reinvent the system. Organizational Change What is organizational change? Organizational change occurs when companies make necessary changes...... middle of paper...... management. 1 edition. Kogan Page. Ian Palmer, 2008. Managing organizational change: a multi-perspective approach. 2 edition. McGraw-Hill/Irwin.Esther Cameron, 2004. Making Sense of Change Management: A Comprehensive Guide to Organizational Change Management Models, Tools, and Techniques. Edition. Kogan Page Business Books. Joe Tidd, 2005. Managing innovation: integrating technological, business and organizational change. 3 edition. Wiley.Michael Beitler, 2006. Strategic Organizational Change, Second Edition. 2 edition. Practitioner Press International. John P. Kotter, 1986. General Managers. 1 edition. Free press. Types of organizational change. 2014. Types of organizational change. [ONLINE] Available at: http://www.cliffsnotes.com/more-subjects/principles-of-management/managing-change/types-of-organizational-change. [Accessed April 19 2014].