Organizational Change and Growth Through Technology:
In the past few years, information technology is a concept that has attracted huge attention from various sectors in the society including the academic field and business world. This huge attention is attributed to the fact that information technology has revolutionized communication and business processes. In the business world, the concept has generated considerable interest because of its organizational impact. The impact of information technology on organizational changes and labor productivity has attracted considerable attention that has contributed to extensive research on this issue. Given the pervasiveness of information technology in the modern world, it has become a major theme that drives organizational change and growth in relation to its link to factors of production.
Changes in the Business World:
According to Bridges (2009), change is a process that is situational and takes place without people transitioning (p.3). In essence, while change is regarded as the situation itself, transition is more of a psychological process that requires individuals to bring their hearts and minds to work. Since people usually have problems with transitions rather than the change itself, transition management is an important element in promoting organizational change and growth because it is a means of handling people in a manner that makes them feel more comfortable. Transition management helps people to deal with their losses by letting go of the old as part of psychological realignments (Bridges, 2009, p.24).
Generally, the business world is increasingly transforming as mergers, layoffs, restructuring, and bankruptcy take place on a daily basis. These transformations are causing organizational changes, which people must deal with in the workplace. In this case, employees and managers should deal with the actual situational shifts and the accompanying psychological components in order to promote organizational growth. The need for dealing with these aspects is because organizational change and transitions affect people who are faced with the need to embrace a new situation and implement the corresponding change.
Technology and Organizational Change and Growth:
An organization's capacity and need to evolve is influenced by internal and external environmental factors. While the internal factors are basically controllable, the external factors are issues that are beyond the organization's control though they affect the organization's operations and success. The internal factors affecting a company's capacity and need to evolve are the organization's personnel, its strategy, financial capability, operational ability, marketing capability, technical capability, and functional capability. In contrast, the external factors include sociocultural, technological, economic, political, regulatory and legal, geophysical, and trade factors (Gupta, Guha & Krishnaswami, 2013, p.10).
The external factors influence a firm's capacity and need to evolve by providing opportunities or threats for an organization. An organization needs to conduct proper analysis of each of these factors in order to capitalize on the opportunities while minimizing the threats. In contrast, the internal factors work together to determine organizational capability with regards to the firm's strengths and weaknesses. Notably, the company's management needs to constantly assess the external environment since it affects its internal environment in relation to its synergy, resources, and unique competencies.
In the past three decades, these factors have changed considerably because of the influence of technology.…
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