Change Management

PART ONE – CASE STUDY * What concepts of entrepreneurialism can you analyse from the first IBM document called (IBM 1)?
1.1, 1.2
With the UK’s current economy, everything is changing at a fast pace and businesses need to be in top shape or they will lose their investment. The entrepreneur is a factor in microeconomics, and the study of entrepreneurship reaches back to the work of Richard Cantillon and Adam Smith in the late 17th and early 18th centuries, but was largely ignored theoretically until the late 19th and early 20th centuries and empirically until a profound resurgence in business and economics in the last 40 years.
In the 20th century, the understanding of entrepreneurship owes much to the work of economist Joseph Schumpeter in the 1930s and other Austrian economists such as Carl Menger, Ludwig von Mises and Friedrich von Hayek. In Schumpeter, an entrepreneur is a person who is willing and able to convert a new idea or invention into a successful innovation.[5] Entrepreneurship employs what Schumpeter called "the gale of creative destruction" to replace in whole or in part inferior innovations across markets and industries, simultaneously creating new products including new business models. In this way, creative destruction is largely responsible for the dynamism of industries and long-run economic growth. The supposition that entrepreneurship leads to economic growth is an interpretation of the residual in endogenous growth theory and as such is hotly debated in academic economics. An alternate description posited by Israel Kirzner suggests that the majority of innovations may be much more incremental improvements such as the replacement of paper with plastic in the construction of a drinking straw.
For Schumpeter, entrepreneurship resulted in new industries but also in new combinations of currently existing inputs. Schumpeter 's initial example of this was the combination of a steam engine and then current wagon making technologies to produce

References: 2. UNAIDS (2010) 'UNAIDS report on the global AIDS epidemic ' 3 4. UNAIDS (2010) 'UNAIDS report on the global AIDS epidemic ' 5 6. UNAIDS (2008) 'Report on the global AIDS epidemic ' 7 8. UNDP (2011) ‘Human Development Report 2011’ 9 10. USAID (2002) 'What happened in Uganda? Declining HIV prevalence, behavior change, and the national response ' 11 12. WHO/UNAIDS/UNICEF (2011) ‘Global HIV/AIDS Response: Epidemic update and health sector progress towards Universal Access 2011’ 13 16. Myer, Landon et al., (2001) 'Condom gap in Africa is wider than study suggests ' BMJ 323(7318): 937 17 18. WHO/UNAIDS/UNICEF (2011) ‘Global HIV/AIDS Response: Epidemic update and health sector progress towards Universal Access 2011’ 19 20. WHO/UNAIDS/UNICEF (2011) ‘Global HIV/AIDS Response: Epidemic update and health sector progress towards Universal Access 2011’ 21 22. WHO/UNAIDS/UNICEF (2011) ‘Global HIV/AIDS Response: Epidemic update and health sector progress towards Universal Access 2011’ 23 24. WHO/UNAIDS/UNICEF (2011) ‘Global HIV/AIDS Response: Epidemic update and health sector progress towards Universal Access 2011’ 25 26. WHO/UNAIDS/UNICEF (2011) ‘Global HIV/AIDS Response: Epidemic update and health sector progress towards Universal Access 2011’ 27 28. UNAIDS (2011) ‘World AIDS Day Report 2011’ 29 30. WHO/UNAIDS/UNICEF (2011) ‘Global HIV/AIDS Response: Epidemic update and health sector progress towards Universal Access 2011’ 31 32. United Nations (2011) 'Political Declaration on HIV/AIDS: Intensifying our Efforts to Eliminate HIV/AIDS ' 33 34. Global Fund (2011, November) 'Important Update: Establishment of Transitional Funding Mechanism to replace Round 11 ' 35 36. Lu Chunling et al (2010, April 9th) 'Public financing of health in developing countries: a cross-national systematic analysis ' Lancet 975(9723) 37 38. UNAIDS (2011) ‘World AIDS Day 2011’ 39 40. UNICEF (2009), 'Preventing HIV with young people: the key to tackling the epidemic ' 41 42. SADC/EAC/COMESA (2011) 'The Windhoek Declaration: Women, Girls, Gender Equality and HIV: Progress towards Universal Access’ 43 44. HPA (2011) ‘HIV in the United Kingdom: 2011 Report’ 45 46. HPA (2012) ‘United Kingdom New HIV Diagnoses to end of December 2011’ 47 48. HPA (2012) ‘United Kingdom New HIV Diagnoses to end of December 2011’ 49 50. HPA (2012) ‘United Kingdom New HIV Diagnoses to end of December 2011’ 51 52. HPA (2012) ‘United Kingdom New HIV Diagnoses to end of December 2011’ 53 54. HPA (2012) ‘United Kingdom New HIV Diagnoses to end of December 2011’ 55 56.  Black, Richard J. (2003) Organizational Culture: Creating the Influence Needed for Strategic Success, London UK, ISBN 1-58112-211-X 57