Why do organisations need to change?
Why do Organisations need to change?
There are many reasons why organisations may need or want to change. We can usually break these down into external factors or internal factors.
External factors
Political – Employment Laws, political issues, laws and policy changes
Economic – economic downturns or growth, changing interest rates
Social – Population growth rate, age distribution, cultural norms
Technological – Advances in technology, advancements of social media
Environmental – environmental legislation, changes recycling processes
Legislative - changes to legislation such as employment, imports and exports
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Internal factors
Growth – Company growth, acquisitions/mergers
Strategy – The company direction/goals/focus
Competition – New emerging brands
New skills – New equipment or software, new processes/procedures
Customer Needs – change in how they spend/products they want to see
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