Summary

Summary Notes on Unit 10 - Managing change pt 2

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Course
Unit 10 - Managing strategic change

Institution
AQA

These notes talk about the value of change that it will bring to a business from embracing change in external environment to taking advantage of opportunities that might arise for a business. It's also talks about the value of a flexible organisation and the different actions that might take place ...

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Uploaded on June 19, 2023
Number of pages 1
Written in 2022/2023
Type Summary

business a level
unit 10
managing change
notes

Study Level
A/AS Level
Examinator
AQA
Subject
Business Subjects
Unit
Unit 10 - Managing strategic change

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Unit 10 - All notes from this section (A-Level Business Studies)

$ 76.90 $ 40.46 15 items

1. Summary - Notes on network (critical path) analysis
2. Summary - Notes on the problems of strategy within a business
3. Summary - Notes continuing on critical path analysis
4. Summary - Notes on unit 10 - index numbers
5. Summary - Notes on unit 10 - problems with strategy pt2
6. Summary - Notes on unit 10 - critical path analysis pt2
7. Summary - Notes on unit 10 - strategic drift
8. Summary - Notes on unit 10 - problems with strategy pt 1
9. Summary - Notes on unit 10 - managing cultural change pt 2
10. Summary - Notes on unit 10 - managing cultural change pt 1
11. Summary - Notes on unit 10 - managing organisational culture
12. Summary - Notes on unit 10 - managing change - kotter and schlesinger
13. Summary - Notes on unit 10 - managing change - flexible organisation
14. Summary - Notes on unit 10 - managing change pt 2
15. Summary - Notes on unit 10 - lewin's force field analysis
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Managing change continued 9/11/2022

The value of change:

Change is of great value. A business that is able to respond to change is better placed to
maintain a competitive advantage.

The value of change includes:
 Embrace change in the external environment e.g. respond to technological
advancements
 Engage employees as a result of responding to their changing needs e.g. greater
flexibility to match work life needs.
 Take advantage of opportunities e.g. new market or new product development.
 Respond to change in a competitive environment e.g. a new competitor entering the
market.
 React to changing needs and tastes of society meet customer’s expectations.

The value of a flexible organisation:
 A flexible organisation is one that is more able to respond to change quickly.
 The following actions may improve the flexibility of an organisation:
o Restructuring
 Changing the way in which the workforce is organised e.g. the span of
control, hierarchy or from a functional structure to a matrix structure
o Delayering
 Removing levels from within the hierarchy e.g. taking out a level of
junior management.
o Flexible employment contracts – 0 hour contracts
 Employees contracts allow for a degree of flexibility in terms of hours
to be worked, number of hours guaranteed, place of work and tasks
to be carried out.

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