Change Management-Unit 1: Organizational Change: – Flashcards
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Doctor ________
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Holger Sommergeldt
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Organization change is not: -Not about ______ change(more the domain of psychology, leadership, etc) -Not about creating new _______ (more the domain of entrepreneurship, innovation, etc.) -Focus on what is happening inside existing _______ and in their _______
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-personal -organizations -organizations, environment
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Organizational Change is: Organizations are social entities formed to achieve _________
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collective goals
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Organizational Change is: Organizations perform tasks through routine processes thriving for ______
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efficiency
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Organizational Change is: ________ means permanently altering patterns or organization behavior
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organizational change
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Reasons why organizations have to change: 1. 2. 3.
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-strategic drift -need to adapt -survival
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______- the internal and external environment of organizations change constantly
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strategic drift
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________- this poses threats to survival and opportunities to thrive
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need to adapt
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_______- that creates the need to change
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survival
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Organizations change to ________
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survive
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________- competition, customer, behavior, politics, economy, society, technology
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shifting environment
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________- new products, new markets, new business models.
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strategic renewal
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________- tasks, structure, politics, meaning
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organizational change
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In the headlines this week: -____ or ____? -_______ losses? -_______? -New ______? -New _____?
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-merger, takeover -reported -layoffs -managers -products
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________ is difficult
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organizational change
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______ (1996) "Leading Change":
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John Kotter
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John Kotter "Leading Change": only __% of transformation programs succeeded
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30
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______(2008): survey of 3199 executives
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McKinsey
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McKinsey: survey of _____ executives; only _____ transformation in _______ succeeds
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3199, 1, 3
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According to __________(2012), average time companies stay on the Fortune 500 list is ____ years
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Strangler and Ablesman, 40
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_______ force companies to change in order to survive
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turbulent environments
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___% of all organizational change projects fail
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70
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Even the the ______ and most ______ firms only survive about 40 years on the Fortune 500
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larges, successful
