Preview

2.3 Explain Why Change Can Be Beneficial To Business Organizations

Satisfactory Essays
Open Document
Open Document
583 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
2.3 Explain Why Change Can Be Beneficial To Business Organizations
2.3 Explain why change can be beneficial to business organisations
Organisations need to change for a wide variety of reasons. Some of them are internal reasons – things going on within the organisation that need to be addressed. Some of them are external reasons – things happening out in the rest of the world that influence the organisation and prompt a need for change.
Several things can prompt the need for organisational change, including:
• changes in technology – e.g. telecommunication companies adapting to new generation mobile phones, tablets and other new devices
• competitors’ activities – e.g. airlines changing their routes, prices or level of service to be able to compete with each other successfully
• changes in the marketplace – e.g.
…show more content…
consumer-related legislation that affects customers’ rights; changes in employment and pension contribution rights
• environmental factors – e.g. new waste management procedures to reduce landfill and contamination of the environment
• financial issues – e.g. rising costs making current processes unsustainable political factors – e.g. changes in government funding for apprenticeships
• internal business factors – e.g. following a change in senior managers and other decision-makers
• external business factors – e.g. fluctuations in currency exchange rates that affect holiday prices for customers
Organisations can go through change at any stage of their development, for example:
• when they first start to expand – e.g. leading to changes in staffing levels
• when they need to restructure after being in operation for a while – e.g. following changes in technology or competitors’ activities
• if they are taken over by another organisation – e.g. leading to a merger of staff, resources, customers, working practices and so on
• when they need to close – e.g. after a major downturn that leads to redundancies or the actual winding up of a

You May Also Find These Documents Helpful