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The manager is frequently faced with the task of introducing change in the organization. What are the reasons for innovation and change in the organization?

The manager is frequently faced with the task of introducing change in the organization.
What are the reasons for innovation and change in the organization?

Answers


Kavungya
(i) Technology
Technological innovations are a powerful force causing organizational change. Today firms have to adapt to very dramatic changes in communication and information technology, for example the internet.

(ii) Competition
Change can be introduced by competitors and their actions. When a competitor introduces a new product or aggressively cuts down prices, a company may need to follow suit to hold its position in the market place.

(iii) People
When the demographic profile of the population shifts e.g. to younger workers. Organizations may need to change and satisfy their wants of higher salaries, flashy perks and less loyalty.

(iv) Environment
No firm operates in a vacuum. It is hence greatly affected by changes in the external environment as well as those within its own internal environment. Such changes may include political forces, economic forces and socio cultural factors. Inflation or political instability for example, will force a firm to adjust its operations in certain areas.

(v) Communications
Unlike the traditional paper based communication, most companies have adopted electronic mail systems, mobile telephones and video conferencing, as these are innovations available to them today.

(vi) Research and Development
A lot of money is invested in these areas by companies so as to better their products and be able to satisfy customers and keep up with market trends. In order to respond to the development of potential new products and services devised by ‘research and development’, change becomes inevitable.
Kavungya answered the question on April 27, 2021 at 05:42

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