ABSTRACT
This chapter examines employees' perceptions of trust, fairness, and the management of change using an organizational justice framework in a media organization in Cyprus undergoing strategic change. Cyprus has been undergoing an economic crisis in recent years. The financial crises in Europe and the United States (US), together with the global processes of social and economic change, have contributed to a large degree to the economic and political situation in Cyprus. Due to globalization and the increased international trade between Cyprus and other countries, managers have had an increasing need to influence people from different cultures and demonstrate cross-cultural sensitivity to be effective. Organizations need strategic change to expand and successfully compete in a dynamic market. Management's role in the management of executing change is a critical issue for successful outcomes of strategic initiatives. Strategies for the management of change include communication to share information with employees while addressing their concerns to the management, and providing additional training when needed.
