Strategic Change: Pros and Cons
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Evaluate the pros and cons of (extensive) strategic change In general, is it better for a company to aggressively pursue strategic change as it grows or to attempt to maintain a consistent approach throughout its development? Explain your answer
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Solution Summary
Explains the pros and cons of strategic change.
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In theory, strategic change often makes sense and seems like it can be implemented without much planning or hassle on the part of the organization's leaders. In practice, however, strategic change is rarely easy or pretty. There are many factors that can inhibit the change process. The biggest factor is people. An organization must have its stakeholders on board if organizational change is going to work.
Sometimes strategic change isn't effective because the stakeholders just do not understand why the change is necessary. ...
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