ADMS 1000 Chapter Notes - Chapter 12: Loop Jump

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Len Karakowsky

Document Summary

Change that attempts to improve upon what the business is currently doing rather than creating something completely new. Replacing an old method, with something new. Affects employee level or skills, not culture or mindset: transformational change. The most difficult, risky & radical of the 3 types of change. Results are unknown, so difficult to plan with time-line. Purpose to create economic value, to maximize shareholder returns. Mergers, acquisitions, establish a subsidiary, downsize the company etc. Re-design work, implement new technology, change job responsibilities. Purpose to develop an organization"s human capacity and to promote a culture that supports learning and high performance by employees. Methods to employ change: flatter structure, reduce bureaucracy and give employees more power. The culture change may include things like: improved relations between management and employees, customer service improvement, attitudes toward work improved, commitment etc. Many businesses tend to overlook this kind of change!