About This Chapter
Change Factors in Organizations - Chapter Summary
Follow along with our expert instructors to study different types of organizational change factors. The chapter's bite-sized lessons show you the differences between such factors, and they also explain how business environments can affect organizations. To help you review important terms and concepts, we've included multiple-choice lesson quizzes and a chapter exam. The chapter's online format allows you to study wherever and whenever it's convenient. You can also reach out to our instructors if you have any questions about change factors in organizations. When you're finished working through the chapter, you should be equipped to:
- Identify internal, external, planned and unplanned organizational change factors
- Compare internal and external business environments, analyses and stakeholders
- Explain how economic, legal, technological, social, competitive and global business environments affect organizations
- Outline the steps that needed to plan a change analysis
1. How Internal and External Factors Drive Organizational Change
Managers must recognize and respond to all factors that affect their organizations. This lesson describes how the internal and external environments of an organization drive change within the company.
2. Factors that Cause Change in Organizations: Planned and Unplanned
Planned and unplanned are the two types of changes that can occur with an organization. External and internal factors can cause both of these types of changes within a company.
3. Internal and External Environments of Business
An organization must have the ability to examine and make changes based on internal and external environmental factors that affect its performance. The use of tools to analyze these environmental factors is the key to a successful organization.
4. Business Environment Analysis: Internal vs External
The internal and external environments have different impacts on your business. The lesson discusses what to look for when doing internal and external analyses and what a business can gain from doing these analyses.
5. Internal & External Stakeholders: Definition & Examples
Individuals within a company as well as those outside of a company are interested in the financial well-being of a business. In this lesson, you will learn about internal and external stakeholders.
6. External Factors of a Business: Definition & Explanation
Businesses are impacted by a number of factors, some internal and some external. While managers may not be able to control external forces, it is essential they identify and understand them.
7. How the Economic and Legal Environment Affects Business
Businesses do not operate in a vacuum. They are subject to their external environments. In this lesson, you'll learn about the legal and economic environments of business and how businesses are affected by them.
8. How The Technological Environment Affects Business: Examples & Effects
Technology affects all of us. Technology can catapult a business to success or destroy it. In this lesson, you'll learn about technology, technological change, and creative destruction. A short quiz follows.
9. How The Competitive Environment Affects Business: Examples & Importance
Competition is essential for the successful operation of a market economy. Competition helps provide the best products and services at the best price. In this lesson, you'll learn about competition and some strategies employed by competitors.
10. How The Social Environment Affects Business: Examples & Impact
Businesses operate in a society. In fact, large organizations are mini-societies unto themselves. In this lesson, you'll learn some of the factors that make up the external and internal social environment of a business.
11. How The Global Business Environment Affects Business: Explanation & Examples
The world is becoming smaller. As globalization continues, businesses will be presented with opportunities and face challenges. In this lesson, you'll learn about some of these challenges and see how businesses can meet them.
12. Planning Process for Change Analysis: Steps & Types
Change is often necessary within an organization, but it can be hard to provide a smooth transition if not executed properly. This lesson explores ways to take on the change planning process and describes the individual steps that should be considered in each stage of analysis.
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Other chapters within the Business 304: Leading Organizational Change course
- How Leadership Affects Organizational Change
- Leadership Theories & Organizational Change
- Types of Leadership in Business
- Power & Leadership in Business Organizations
- Choosing Organizational Structures
- Management Functions & Organizational Change
- Organizational Change Theories
- Strategies for Implementing Changes in Business
- Communicating Change in Business
- Organizational Change & Company Culture
- Corporate Vision, Mission & Change
- Issues in Leading Organizational Change
- Globalization & Organizational Change
- Required Assignments for Business 304
- Studying for Business 304