5.3.2
Key Factors in Change
Key Factors in Change
Key Factors in Change
Businesses may face difficulties when implementing change. Businesses must consider several factors which can impact whether any change is successful.


Organisational culture
Organisational culture
- The business’ current organisational culture may impact whether any change is successful.
- Business change is likely to be challenging if it involves cultural changes. A business' culture involves all the people and their combinations of values, beliefs, and attitudes. These can be hard to measure and predict.


Size of the organisation
Size of the organisation
- The size of the organisation may impact whether any change is successful.
- Business change is likely to be challenging if it involves large organisations as these businesses have large workforces and communication can be slower.


Time and speed of change
Time and speed of change
- The time and speed of change may impact whether any change is successful.
- Business change is likely to be challenging if time is not taken to consult with all business stakeholders and if business leaders rush the process without consulting and considering their different options.


Resistance
Resistance
- Managing resistance to change is vital for businesses that are implementing change.
- Businesses must try to minimise resistance to change from employees if any change is to be as successful as possible.
- The merger of Fiat and Chrysler is often given as an example of a bad cultural fit between 2 businesses.
1Exploring Business
1.1Features of Business Organisations
1.2Organisation of Businesses
1.3Business Environment
1.3.1External Influences
1.3.2Political & Legal Change
1.3.3Economic Environment
1.3.4Social & Technological Environment
1.3.5Lifestyle & Technological Environment
1.3.6Corporate Social Responsibility
1.3.7The Competitive Environment
1.3.8Innovation
1.3.9Risk & Uncertainty
1.3.10Porter's Five Forces
1.3.11SWOT Analysis
2Marketing Campaigns
2.1Marketing
3Business Finance
3.1Sources of Finance
3.2Financial Planning
3.3Financial Statements
4International Business
4.1Globalisation
4.2International Business
4.3International Economic Environment
4.4Factors Affecting International Business
5Principles of Management
5.1Management & Leadership
5.2Theories of Motivation
6Business Decision Making
6.1Business Principles & Practices
6.2Quality Management
6.3Human Resources
6.4Documents & Business Decisions
Jump to other topics
1Exploring Business
1.1Features of Business Organisations
1.2Organisation of Businesses
1.3Business Environment
1.3.1External Influences
1.3.2Political & Legal Change
1.3.3Economic Environment
1.3.4Social & Technological Environment
1.3.5Lifestyle & Technological Environment
1.3.6Corporate Social Responsibility
1.3.7The Competitive Environment
1.3.8Innovation
1.3.9Risk & Uncertainty
1.3.10Porter's Five Forces
1.3.11SWOT Analysis
2Marketing Campaigns
2.1Marketing
3Business Finance
3.1Sources of Finance
3.2Financial Planning
3.3Financial Statements
4International Business
4.1Globalisation
4.2International Business
4.3International Economic Environment
4.4Factors Affecting International Business
5Principles of Management
5.1Management & Leadership
5.2Theories of Motivation
6Business Decision Making
6.1Business Principles & Practices
6.2Quality Management
6.3Human Resources
6.4Documents & Business Decisions
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