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Renewal of the organization

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1. Discuss how organizations maintain currency and competitive advantage through renewal of the organization.

2. Discuss factors and influences that are likely to impact managers' roles in the next decade.

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Renewal of the organization is discussed very comprehensively in this explanation. The factors and influences that are likely to impact managers' role in the next decade.

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1. Discuss how organizations maintain currency and competitive advantage through renewal of the organization. Organizations maintain currency and competitive advantage through renewal of the organization in several ways. Renewal of the organization may take place, through a change in organization culture, organizational structure or strategic direction. Renewal may take place through a change in persons, a change in the attitude of the persons, and through training in new methods. Introduction or up gradation of information technology may also bring about a renewal.

When an organization changes from a closed culture to an open culture it becomes more ...

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  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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