BUAD 304 Lecture Notes - Lecture 6: Action Learning, Global Warming, Resource Depletion

• School: USC
• Department: Business Administration
• Course: BUAD 304
• Professor: Tolan Jody

Document Summary

Competitive environment (globalization, aggressive newcomers,consolidation into bigger competitors, deregulation) Rapidly changing technologies (technologies can change industries overnight) Productivity- higher productivity leads to higher unemployment (takes fewer people to do the same amount of work), leads to higher inequality. You want to be on the leverage side. Businesses vs governments (businesses are more powerful than governments) High employment (government wants to preserve this, government wants to keep factory and jobs in the country) Changing demographics (population is aging, not a lot of babies not being made) Threats to expertise, power relationships and resources. Little slack or funding (more efficiency, less slack resource to innovate change) Lewin"s model - change is like a river. Driving forces (things that push firms to change) Steady state- driving force = restraining forces. You can change increasing driving forces or decrease restraining forces. Best strategy is to decrease restraining forces. Acquire knowledge (conceptual learning & practical learning) Valuing (performance outcomes, human outcomes, organizational conditions)