Force Field Notes Flashcards

1
Q

Assets for change

A

If the firm is liquid

Robust Technology infrastructure in place

Availability of finance to train people in new skills

The willingness of stakeholders e.g. customers to support the change

Expertise in an area relevant to the change

Support of suppliers - good creditor
relations

Experience of change or a similar situation


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2
Q

Driving forces

A

Desire/need to improve profitability and efficiency

Shorter product lifecycles and customer demand

Need for better flexibility or to improve communication

Changes in legislation or a difficult economy

Global/emerging markets

Social transformations and changing attitudes towards work

Increase competition and threat

New technological opportunities

New personnel who possess different skills

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