HREQ 3010 Lecture Notes - Lecture 11: The Home Depot, Arena, Negative Feedback
27 Mar 2020
School
Department
Course
Professor
Document Summary
Understand the importance of organizational change: societal, industrial, organizational changes. Organizational are dynamic entities, constantly growing or contracting, and responding to internal and external changes. Planning assists with resource requirements in response to organizational change. Societal example: after recession, many big-box stores such as best buy, walmart, target, and. Home depot closed their stores, as revenue were dropping in their large-format stores. Because the big-box concept did not allow to serve the smaller communities or the location becoming saturated or online shopping increase. Industrial example: the market for tablet computing devices showed a slow start. Because the computer industry struggled to assume the attributes of size, weight, ergonomics, and technological capabilities until alliance of apply & ibm and birth of successful ipad. Organizational example: increase shareholder profit by change in service, better quality or sales of products (banking products and services) Systems: a set or arrangement of interrelated parts that interact to form a whole.
