Due to the growth of technology, modern organizational change is largely motivated by exterior innovations rather than internal moves. When these developments occur, the organizations that adapt quickest create a competitive advantage for themselves, while the companies that refuse to change get left behind. This can result in drastic profit and/or market share losses.
Organizational change directly affects all departments from the entry level employee to senior management. The entire company must learn how to handle changes to the organization.
When determining which of the latest techniques or innovations to adopt, there are four major factors to be considered: 1. Levels, goals, and strategies 2. Measurement system 3. Sequence of steps 4. Implementation and organizational change
Regardless of the many types of