Change Flashcards
(34 cards)
Organisational change
The adoption of a new idea or behaviour from the internal or external environments by an organisation
Proactive
Initiates change rather than simply reacting to events
Reactive
Waits for change to happen and then responds to it
Recession
A decrease in the level of economic activity resulting in reduced spending, rising unemployment and a slow rate of economic growth
Emissions trading scheme
Regulates the buying and selling of permits to emit greenhouse gases
Force-field analysis
Outlines the process of determining which forces drive and which resist a proposed change
Driving forces
Those forces that support the change
Restraining forces
Those forces that work against the change
Organisational inertia
Refers to an unenthusiastic response from management to proposed change
Change management process
The sequence of steps that a manager would follow for the successful implementation and adoption of change
Facilitator
Someone who helps people achieve an objective by providing unobtrusive assistance
Change agent
A person or group of people who act as catalysts, assuming responsibility for managing the change process
Manipulation
The skilful or devious exertion of influence over someone to get them to do what you want
Cooptation
Involves the selection of an influential person among the potential resistors to be involved with the development and implementation of the change process
Corporate social responsibility
Involves managing organisational processes in order to produce an overall positive impact on the community
Triple bottom line
Refers to the social, economic and environmental performance of an organisation
Ecological sustainability
Occurs when economic growth meets the needs of the present population without endangering the ability of future generations to meet their needs
Sustainability report
A comprehensive report of what a business has done, and is doing, with regard to social issues that affect it
Business ethics
Refers to the application of moral standards to organisational behaviour
Corporate code of conduct
A set of ethical standards for managers and employees to abide by
Global economy
The world economy and refer to the economic activity going on in the world, including; flow of all trade, finance, technology, labour and investment
Global manager
Pursues organisational objectives in international settings and conducts business in numerous countries with different cultures
Merger
A combination of two companies to form a new company
Acquisition
The purchase of one company by another with no new company being formed
