ADMS 1000 Chapter Notes - Chapter 11: The Need
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7 Dec 2015
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ADMS 1000 Full Course Notes
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While change is ultimately required in order to adapt to changing environment, the success of any organization depends on the capability to maintain stable and reproducible organizational process and outcomes. Organizations have to adapt to changing economic conditions. Downsizing is more likely going to happen in lean times then in rich: competitive changes. Competitive process do evolve and understanding what to expect and what drives evolution along the lifecycle of an industry is critical for surviving turbulent times. Three major phases that mar an industry are emergence and shakeout to maturity and decline. At each phase organizational skills and capabilities must survive and grow. Domestic and foreign competition certainly has demanded an acceleration in innovation among firms in many industries. Organizations must constantly create new and better ways to serve costumers. Organizational changesocietal changeseconomic changesglobal changescompetitive changeslabour changestechnological changeslegal/political changes carly factor. Both a continuously changing variable and one that permits and demands organizational change.