Internal Factors Causing Change
- Created by: tanja soulsby
- Created on: 06-06-17 09:30
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- Internal Factors Causing Change
- Change in management / leadership
- Often leads to further changes
- New director might have different ideas how the business should be run
- Could lead to changes in organisational culture / business structure
- Better than expected performance
- Could lead to decision to expand the business & take advantage of increased profits
- Poor financial performance
- Could lead to retrenchment
- Changes to the staff
- Could mean business no longer has required skills
- Further changes could need to be made
- Company might go through:
- Recruitment
- Retraining
- Outsourcing their work
- Business growth
- Can lead to other changes
- A business expanding into international markets might have to adapt its product range to meet consumer needs there
- Type of business
- Can influence the amount of change
- Innovative business
- Could keep coming up with new ways of doing things
- Business continually changes to use new methods
- Traditional business
- Might prefer to stick to the old, tried & tested methods
- Change in management / leadership
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