Chapter 13 - Principles of Management Chapter 13 External...

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5/7/09 External Forces for Change The external forces that create the need for change come from various sources. These sources include: Marketplace – Which can bring in new competition can affect firms and there ability to stay innovative and compete. Governmental laws and regulations – Such as the Sarbanes-Oxley Act which required U.S. companies to change the way they disclose financial information and enact corporate governance, can create obstacles for organizations.
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5/7/09 Internal Forces for Change Internal forces also create the need for change. Some internal forces that create the need for change include: Strategy – A redefinition or modification of an organization’s strategy can introduce a host of changes and problems. Workforce – Having a diverse workforce, young and upcoming workforce or an organization that is looking to restructure its workforce are all possibilities for internal change.
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This note was uploaded on 05/04/2008 for the course BUSINESS 101 taught by Professor Christesen during the Spring '08 term at CUNY City.

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Chapter 13 - Principles of Management Chapter 13 External...

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