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TOPIC 2: BUSINESS MANAGEMENT

Management and change

Responding to internal and external influences

Managing change effectively
  • identifying the need for change - business information systems
  • setting achievable goals
  • resistance to change
  • management consultants

Responding to internal and external influences

REMEMBER THIS FROM TOPIC 1?
influences in the business environment
external influences – economic, financial, geographic, social, legal, political, institutional, technological, competitive situation, markets
internal influences
– products, location, resources, management and business culture

THINK about the following influences (if multiple people playing, share them around):

  • Economic influence
  • Technological influence
  • Competitive situation
  • Social influences (environmental concerns)
  • Management style and business culture​

​How do these influences affect businesses?  
How do people react to these influences?  
Who resists this change and why?  
Who is likely to embrace this change and why?

Managing change effectively

INVESTIGATE a company that has had to go through change and how they may have managed it OR for something a little easier, consider how schools adapt to technological change. What goals have been set? What resistance has there been and how has it been managed? Have consultants been used to help the change? Ask your teachers.
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  • Home
  • About
    • About
    • Education Blog
    • Writing Blog
  • Case Studies
  • Courses
  • HSIE Resources
    • HSC Business Studies >
      • Operations >
        • Role of operations management
        • Influences
        • Processes (overview) >
          • Inputs
          • Transformation processes
          • Outputs
        • Strategies
      • Marketing >
        • Role of marketing
        • Influences
        • Process
        • Strategies
      • Finance >
        • Role of Financial Management
        • Influences
        • Processes
        • Strategies
      • Human Resources >
        • Role of human resource management
        • Influences
        • Processes
        • Strategies
        • Effectiveness
    • Preliminary Business Studies >
      • Nature of Business >
        • Role of business
        • Types of businesses
        • Influences
        • Business growth and decline
      • Business Management >
        • Nature of management
        • Management approaches
        • Management process
        • Management and change
      • Business Planning >
        • SMEs
        • Influences
        • Business Planning Process
        • Critical Issues
    • Economics >
      • Introduction to Economics >
        • The nature of economics
        • The operation of an economy
      • Consumers and Businesses >
        • Businesses
      • Markets >
        • Demand
        • Supply
        • Market equilibrium
        • Market structures
      • Labour Market >
        • Demand and supply of labour
        • Labour market trends
      • Economic Issues >
        • Economic growth
        • Unemployment
        • Inflation
        • External Stability
        • Distribution of Income and Wealth
        • Environmental Sustainability
    • Society and Culture >
      • Course Framework
      • Research Methods
      • P1: Social and Cultural World
      • P2 Personal and Social Identity
      • P3: Intercultural Communication
      • PIP
      • H1: Social and Cultural Continuity and Change
      • H2: Popular Culture - Social Media
      • H3: Equality and Difference
    • Geography (old syllabus) >
      • Coastal Management
      • Urban Growth and Decline
      • Human Rights
  • Contact