MHR 650 Chapter Notes - Chapter 3: Ob River, Byrsonima Crassifolia, Sensemaking
10 Oct 2015
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Up to 84% of u. s. firms are involved in a major organizational change, although many are deemed not successful. Economic perspective: closely aligned to images of organizational change that adopt a management as control assumption that. In competitive economies, firm survival depends on satisfying shareholders. Failure to do this will lead them either to move their capital to other companies or use their influence to replace senior management with those better aligned with their interests. A better way of understanding the objectives of change management is the need to increase and organization"s adaptive capacity. Pressures to change come from many directions: environment, discovery of deviations from standards, new desires and visions of the future, or the fundamental nature of organizations themselves: result of change: stability. Occur when an organization"s resource base decreases as a result of reduced demand for products and sales, decrease in market share, and bad investment decisions.
