Change- Causes Of Change Adn Effects Of It Flashcards

1
Q

Causes of change

A

Frequent change in government policy, economic situation, environmental changes, technological innovation

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2
Q

Internal and external causes of change

A

Internal- new staff, new machinery, lose or gain of another production site, increase or decrease in cash flow
External- government policies, inflation or deflation, social norm changes, environmental change

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3
Q

Different types of changes

A

Catastrophic- sudden or terrible disaster
Crisis-a sudden or creeping need for change
Contingency-in preparation for a disaster or equally bad event
Strategical-change to a important part of the business structure/operations
Tactical-oriented toward smaller steps and a shorter time frame along the way.
Operational-changes involving the way the business is ran mainly to do with the employees

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4
Q

Impact of drivers of change

A

The business environment is constantly changing, recognising the opportunities in these changes can give the business an edge over their competitors

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5
Q

Problems associated with change

A

Unable to judge the future of your decisions, juggling multiple changes can affect the performance of the business, managing teams at multiple sites can causes communication issues or conflicts of suitability

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6
Q

Barriers to change

A

Lack of proper communication/coordination, hesitation in decision making, lack of clarity, conflict of interests

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7
Q

Impacts of barriers of change to a business

A

barriers that make it difficult to implement change are usually the reasons behind the resistance to change, the business will need to overcome this in order to affectingly put in place change

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8
Q

Impact of change on a business

A

encourages innovation, develops skills, develops staff and leads to better business opportunities, and improves staff morale.

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