Managing Change and Innovation Short answer questions

  • Category:
    Management
  • Document type:
    Math Problem
  • Level:
    Masters
  • Page:
    1
  • Words:
    551

Change and Innovation Management 2

CHANGE AND INNOVATION MANAGEMENT (Questions and Answers)

Questions and Answers

  1. What key factors are compelling organizations to experiment with new forms of organizing?

Answer: As business environments continue to evolve, they create an increasing demand for new services and product. As a result, businesses are forced to align their practices with these changes to stay competitive. Businesses that survive these challenges are those that rapidly react to the changing environment. Although there are a broad range of factors that compel businesses to experiment new forms of organizing their business practices, among the key factors include Desire for Growth, competition, technology, and government regulations. To begin with, companies that see the importance of attaining growth are often required to change their business mode of operations. Secondly, the entrance of new competitive companies in the marketplace force the existing ones to adopt more effective strategies. Thirdly, technological innovations can force a company to adopt new strategies that will help its organizational members fit into these advancements in technologies. Lastly, changes in government policies can force business to adopt new approaches so as they can stay within government’s regulations.

  1. Why is it necessary to adopt a strategic approach to HRM when an organization is changing its strategic orientation?

Answer: Human Resource Management or HRM is considered to be an expression of new practice and philosophy of management, which is also a representation of the accelerated changes in the modern world alongside the significance attached to organizational members and their potential. There is a need for an organization to adopt a strategic approach to HRM during change since HRM begins in the HR department. In essence, many organizational leaders consider human capital to be a key success component to employee retention. For an organization to effectively manage the cumbersome and tedious human resource tasks, they constantly run to HRM providers for employee information compliance and tracking. Another benefit of adopting a strategic approach to HRM is for the organization to effectively adopt the implemented HR plan that will enable the organization attain its objectives and goals. Lastly, it is important for an organization to adopt a strategic approach to HRM since it will motivate employees to improve productivity and increase output. For instance, when organizations adopt employ development approaches such as giving out incentives, employees tend to work hard to realize the organization’s goals.

  1. Why should managers measure the results of a change program?

Answer: Measuring the results of a change program help organization leaders assist the organization in attain a competitive edge in the marketplace. In essence, measurement approaches help organizational leaders to measure the effectiveness of the program, help in sporting weaknesses in the program, motivate employees, and helps the organization to focus of the strengths. When organizational leaders measure change program results, they are able to assess the effectiveness of the change program. Besides, measuring results of a change program helps organizational leaders to understand present weaknesses in the program, thus eliminate or create alternatives to the existing practices in the program. When organizational leaders measure the results of these programs, they are able to adopt effective HRM strategies that will motivate their employees. Lastly, when measuring the results of a change program, organization are able to focus and emphasis on strengths, while ignoring the prevailing weaknesses.