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Change (Problems the business faces (Monitoring performance (how to…
Change
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Future -proofing
General : 1)the direction of the economy 2)new technology and its impact 3)changes in regulatory environments
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1)we should view unexpected changes as an integral part of doing business
2)regular scenario planning and risk assessment
Regularly examining how the organisation manages change
2)establish clear guidelines for addressing change
1)strong and trustworthy relationships , loyalty and common vision 2) proper reporting and oversight accountability 3)incentivising responsible behaviour
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Reason:computer networks allow top management instant access to info.,that was gathered and transmitted by middle management #