It is important for organizations to be open to change and know how to deal with it. Many organizations fail to recognize change causing the organization to suffer and sometimes come to an end. There are six forces that stimulate change in an organization, nature of the workforce, technology, economic shock, competition, social trends, and world politics. The consequences of these economic shocks are bankruptcy, elimination and sometimes acquisition of organizations causing many employees to lose their jobs (Robbins & Judge, Chapter 18, 2011).
Increased environmental awareness, liberalization of attitudes toward gay, lesbian, and transgender employees, and more multitasking and connectivity are examples of social trends, another force that stimulates change (Robbins & Judge, Chapter 18, 2011).
The last force that causes changes in companies is world politics.
Activities like opening of markets in China and rising healthcare costEconomic shocks include the rise and fall of the global housing market, financial sector collapse and global recession. The consequences of these economic shocks are bankruptcy, elimination and sometimes acquisition of organizations causing many employees to lose their jobs (Robbins & Judge, Chapter 18, 2011).
Competition is another force that causes change in an organization. Competition can come from global competitors, companies merging and consolidating, and increased regulation of commerce by other countries. It is important that an organization deal with competition by being flexible and having a responsive workforce (Robbins & Judge, Chapter 18, 2011).
The Essay on In What Ways Have Large Business Organizations Changed
In what ways have large business organizations changed in recent decades? Large business organizations have changed in recent decades in a few ways. Some of this ways are that are not always a conventional bureaucracy, they are more open and flexible, the technology used, and the political and economic trends are always changing. Plus there are others, but I’m going to elaborate on the one I had ...
Increased environmental awareness, liberalization of attitudes toward gay, lesbian, and transgender employees, and more multitasking and connectivity are examples of social trends, another force that stimulates change (Robbins & Judge, Chapter 18, 2011).
Changes in social relations and structure have caused companies to adjust marketing strategies repeatedly. Companies also take extra steps and change directions to be able to catch up with the fast-changing consumer expectations. The last force that causes changes in companies is world politics.
Activities like opening of markets in China and rising healthcare costs influence how companies plan to achieve their goals. International relations change continually. Negative social attitudes toward businesses and executives initiate the companies’ attempts of improving social performance and presentation by publicizing good citizenship. s influence how companies plan to achieve their goals. International relations change continually.