Driving forces

Question 1

what is a driving force?

Answer 1

Those that indicate of support change and push the business towards a new desired state.

Question 2

Driving forces

Answer 2

• mangers
• Employees
• pursuit of profit
• reduction of costs
• competitors
• technology
• societal attitudes
• legislation
• innovation
• globalisation

Question 3

Mangers

Answer 3

• The personal “drive” that a manager provides to initiate and maintain the momentum of the change
• Managers make decisions about the future direction of the business
• Managers that are strong leaders can help drive the business towards the change
• They will also share their vision try and get others inspired to change by being role models

Question 4

Employees

Answer 4

• They are able to influence others and through empowerment
• Employees can drive change through innovation
• They can place demands on the business to change conditions, policies and processes

Question 5

Pursuit of profit

Answer 5

• Businesses that are looking to increase profits, may implement changes to the business. E.g. marketing campaigns, expansion, new product lines

Question 6

Reduction of costs

Answer 6

• The reduction of costs is a major driving force for a business
• Reducing costs can help a business become more profitable
• A business that has high cost can initiate change

Question 7

Competitors

Answer 7

• Many industries are highly competitive

* Competition can drive a business to implement changes to gain a sustainable competitive advantage

Question 8

Technology

Answer 8

• Can impact all parts of a business

* Businesses may need to implement technology to remain competitive

Question 9

Societal attitudes

Answer 9

• Society is moving at a fast pace and societal attitudes with it
• Businesses that fail to keep up with these attitudes risk falling behind

Question 10

Legislation

Answer 10

• Businesses need to respond to local, state and federal government’s who may bring in legislation that they need to address. e.g. minimum wages
• Court rulings, can change legislation which again businesses are forced to comply with and respond

Question 11

Innovation

Answer 11

• Innovation is adopting something new or improving on what already exists
• This could include new production processes, new or improved products

Question 12

Globalisation

Answer 12

• Is the process where economic boundaries are removed and businesses begin operating on an international scale
• Exposes businesses to global competitors, global opportunities, expanding Internet and electronic communication channels
• Others maybe driven to see global manufacturing options