Professional Documents
Culture Documents
Rodriguez, Rizal
GRADUATE SCHOOL
INTRODUCTION:
increasingly difficult. Despite (or because of) easy availability of information, the
transformed into actionable knowledge is not keeping pace with changes in the
business environment.
Manageable risk implies that there is sufficient knowledge to at least quantify the
(1921), suggests that the level of risk becomes unknowable. In this type of
III. DISCUSSIONS:
requires some level of change. Change requires learning. However, humans and
Triggers come from both internal and external sources and include:
External triggers
Competitive offers
New technology
Changing demographics
Economic cycle
Geo-political events
Environmental change
Societal change
Regulation change
internal triggers
Decisions
Problems in operations
trigger. With high uncertainty and possibility, managing change and innovation
that represent the highest risk and/or opportunity for continued sustainability and
These include:
purpose
future events
change
Decisions need to be made at every level to support desired change. This implies
that people with different decision making styles must get the information,
becomes difficult to predict, and managing change will need to focus on learning.
significant benefits. It is one of the critical skills for achieving success in any
business. It can help you solve the problem, generate profit, increase your
IMPLICATION:
People are the most important resource and the essential contributors to
successful change, without them, change cannot happen. It is important that your
employees are thoroughly trained and understand what is being changed and
why.
REFERENCES:
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