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B207 Block 3 - Coggle Diagram
B207 Block 3
The relationship with employees
Legal perspective
The partnership approach
The traditional approach
Human Resource Management (HMR) approach
Economic perspective
Regulation perspective
Sustainability
Globalisation
Marketing
Relationship marketing
Internal marketing
Crisis management
Measuring success
The politics of business
Political context
Societal perspective
Organisational perspective
Political analysis
Stakeholder analysis
The power vs interest matrix
Change management
Diffusion of Innovation (Rogers, 1963)
Kotter (1996) eight-step process
Resistance to change
Comfortability
Distrust of intentions
Fear of change
Operational risk
Risk assessment
Identify the risk
Source of impact
Likelihood
Measure
Operational resilience
Risk mitigation
Short-term and long-term success
Time and innovation
Short term: focused on immediate problems
Long-term: gradual
Cycles of innovation
Business cycle
Product life cycle
Long waves of economics
Virtuous cycles and vicious cycles
Value
Marx
Use value
Exchange value
Socially constructive
Organisations and value
Constantly innovate
Marketing departments
Human Resource Managers
Finance departments