Driving Forces for Change (VCE SSCE Business Management): Flashcards
📚Flashcards
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Practise the cards
10 cards from this deck
Internal driving forces
Internal driving forces
Owners, managers, employees
External driving forces examples
External driving forces examples
Competitors, legislation, technology, societal attitudes
Why owners drive change
Why owners drive change
Direct financial stake in performance
% of change initiatives that clearly succeed
% of change initiatives that clearly succeed
34 per cent
Two types of change managers lead
Two types of change managers lead
Transformational and adaptive
Advantage of leading change first
Advantage of leading change first
First-mover advantages
Australian government levels affecting business
Australian government levels affecting business
Federal, state, local
Globalisation definition
Globalisation definition
Increasing interdependence between countries
Innovation definition
Innovation definition
Creating more effective processes, products, ideas
Employee work expectation since 2020
Employee work expectation since 2020
Greater flexibility in where and when they work