Once a company has decided to “do something different” (rather than “do nothing” or “do nothing...

Once a company has decided to “do something different” (rather than “do nothing” or “do nothing differently”), what kinds of changes can they make?

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Once a company has decided to “do something”, some kinds of changes can they make which are as follows-

1. Implementation of new technology into the organizational system

2. Merger and acquisitions

3. Change in leadership style followed by leaders

4. Changes in organizational culture

5. Change in organizational structure

6. Making significant operating changes to meet new supply and demand

7. Transformational change- it specifically targets a company’s organizational strategy

8. Personnel change- hire creative, innovative and energetic employees who are ready to change

Changes in business occur when an organization improves, restructures or transforms a major part of its operations disrupting systems, people and process. Change is very important for an organization to remain competitive in the current market situation and gain competitive advantage. Changes helps to increase customers’ satisfaction level, make organization sustainable and increase loyalty and trust of stakeholders of the business.

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keosha answered 4 hours ago

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