Pros and Cons of Reinsurance Pools
In the previous article, we have already seen how reinsurance pools work. We have also seen how the governments of countries around the world collaborate with private reinsurance companies in order to make the concept of reinsurance pools a success. However, a deeper knowledge of this subject is required by any student. Hence, in this […]
The Global Political Economy and its Evolution through the Decades
The Evolution of the Global Political Economy The global political and economic system has undergone many changes over the last few decades. If the aftermath of World War 2 was to bring about the existence of two opposing camps consisting of the United States and the Soviet Union leading to the cold war, the post […]
Authority vs Leadership
The authority exercised is a kind of legitimate power and people follow figures exercising it, because their positions demand so irrespective of the person holding the position. Leaders in organizations and elsewhere may have formal authorities but they mostly rely on the informal authority that they exercise on people to influence them. Leaders are trusted […]
Team Management in the #MeToo Era: Actualizing a Discrimination Free culture
What is the #MeToo movement and how does it differ from Previous Movements The #MeToo movement is primarily an online driven trend where women across sectors and industries, speak up against sexual harassment at the workplace or in everyday settings and report the same to the concerned authorities. In addition, the #MeToo movement is also […]
Political Science and Other Social Sciences
Political Science and Other Social Sciences As mentioned in the introductory article in this module, political science is the systematic study of the state and the workings of the political economy. The study of political science gives people the ability to influence and persuade the authorities to conform to broad developmental thrusts and to steer […]
There are different kinds of change that an organization might undertake or be forced to undertake because of internal and external factors.
The internal factors for change include reorganization and restructuring to meet the challenges of the future and also to act proactively to initiate change as a means of staying ahead of the competition.
The external factors include change that is forced upon the organization because of falling revenues, changing market conditions and the need to adapt to the ever changing business landscape.
Change can be organic which means that it evolves slowly and is like meandering up the gentle slope of a mountain. In this case, the organization and the management have enough time to prepare for change and reorient themselves accordingly. This is the kind of change that is adaptive meaning that firms have the opportunity to adapt themselves to the change.
Change can be radical which is rapid, sudden and uncertain. This is the kind of change that is disruptive and often forces organizations to reorient themselves without adequate notice and warning. It is better for organizations to anticipate change rather than be forced into accepting change that is rapid and sudden.
We have seen how managers at different levels resist change and how this resistance manifests itself. Apart from the ideological and personality issues, there is the very real possibility of change being resisted because the “visibility” of what comes next is not clear.
For instance, many managers tend to resist change because the change initiators have not clearly spelt out the outcomes of the changes and the possible impacts that such changes have on the organization. This is the realm of the “Known Unknowns” and the “Unknown Unknowns” which arise because of ambiguity, complexity and uncertainty.
Hence, the resistance to change can come about due to the lack of coherence in the vision and mission and because the change is not clearly communicated as well.
Finally, the rapidity with which change is introduced can upset the organization structures that are usually rigid and bureaucratic with bean counters at all levels resisting and actively thwarting change.
Hence, it needs to be remembered that change initiators take into account all these factors when introducing changes. The possible approaches in dealing with these resistances would be discussed in the next section.
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