11Strategic_Change

11Strategic_Change - Strategic Change & Innovation...

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Strategic Change & Strategic Change & Innovation Innovation Dr. Nguyen Kiem Than Dr. Nguyen Kiem Than
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Outside Changes Change elements – Shifting opportunities and threats Economy Growth rate: expansion, recession, depression Financial crisis – Our Financial System will drastically change Globalisation, localization Society – Demography - Education The way we live and work together is changing rapidly Schools are changing, both in approach and content Government regulations Consumer preferences Competition – old competitors fade away, new ones appear Technology, IT, Internet… Environment, global warming, pollution Change characteristics: scope, amplitude, timing, speed
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Inside Changes Change in Strategy to adapt to outside pressure Evolutionary – gradual change Revolutionary – disruptive change Change in operational and financial results Change in people mind and heart Innovation – New level – New order
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This note was uploaded on 10/24/2011 for the course ECON 101 taught by Professor Abcd during the Fall '11 term at RMIT Vietnam.

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11Strategic_Change - Strategic Change & Innovation...

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