Management and Organizational Studies 3383A/B Lecture Notes - Lecture 8: Mental Model, Systems Theory, Homeostasis

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 3383A/B
• Professor: Jody Merritt

Document Summary

Curt lewin case study regarding change management theory: forcefield analysis pestel, swot. Lies at the heart of the planning process organizations constantly growing or contracting, responding to external or internal issues, etc. Organizations are dynamic, constantly growing or contracting and responding to changes: organic / open models. Higher levels of u(cid:374)(cid:272)ertai(cid:374)ty i(cid:374) today(cid:859)s (cid:271)usi(cid:374)ess e(cid:374)(cid:448)iro(cid:374)(cid:373)e(cid:374)t. Ability to manage change effectively to outperform slower, less change-capable competitors. Important management role is to create and direct strategy, and manage change: (cid:862)(cid:272)ha(cid:374)ge is i(cid:374)e(cid:448)ita(cid:271)le, gro(cid:449)th is (cid:272)hose(cid:374)(cid:863) Societal level, economic and environmental issues can be strong drivers of change: e. g. 2008 recession led to revenue dropping in large format stores and many big-box stores closed, and continue to do so as online shopping grows. Organizational change occurs in response to societal-, industrial-, and firm-level developments: societal level economic and environmental issues are strong drivers of change.