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Showing posts from February, 2011

A Perspective on the Need for Change in Organisations.

A Perspective on the Need for Change in Organisations “It must be considered that there is nothing more difficult to carry out, nor more doubtful of success nor more dangerous to handle than to initiate a new order of things”. Machiavelli in The Prince . The compulsions for change are manifold in today’s world; these could be external or internal to an organization. The main external factors are the impact of liberalization, increasing global / national competition; changing customer needs, diversification of the core businesses, amalgamations / mergers etc. The main internal factors driving change are mostly a lack of role clarity within organizations, poor employee morale and brand equity of the organization, inter divisional frictions, an excessive internal focus of an organization, prolonged losses, inability to sell the existing products optimally, not aligning the organization structure with the evolving market conditions etc. The main drivers for initiating the change pr...