How Change Is Defined As A Set Of Result Driven

1969 WordsDec 15, 20148 Pages
Change can be defined as a set of result-driven, tangential variations of structural nature that organizations undergo which lead to interim modifications of behaviour. Transformation, by contrast, is a continuous process through which the individual power and the collective strength of an organization are engaged and leveraged in order to maintain a continual attitude of learning and collaboration that is in tune -and responsive to- both the external conjuncture and internal circumstances. Transformation transcends the idea of change by acknowledging and affecting the variables on which assumptions regarding human groups, attitudes and behaviours are based upon. Understanding that all business systems are - afore operational or technological - human systems is key to any successful organizational transformation. Thus, key to business itself. In contrast to the current, before the 1970s the business domain was rather stable as comparative advantages were sufficient to achieve and maintain success. However, developing paradigms derived from globalization, shifts in organizational systems new forms of production revealed sources of wealth that existed beyond financial capital and technology. This mutated competitive environment - vastly uncertain and increasingly complex - required organizations to satisfy demands through a continuous process of learning and innovation. It was in this context that the central role of human capital in meeting these demands became
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