7 - Change management
Published online by Cambridge University Press: 05 June 2014
Summary
If anything is certain, it is that change is certain. The world we are planning for today will not exist in this form tomorrow.
Philip CrosbyIntroduction
We have examined the elements of human capital strategy as components of a holistic system that supports the business strategy. Each component is critical in strategy execution and together create the human capital asset of the firm. Yet, each firm is hardly static. Movement in the marketplace, improvements in the processes, updates in technology, and the progression of people all require changes in the organisation. How a company is able to adapt and change is an important capability that is often correlated with long-term success.
As firms develop new strategies and plans, the need for effective execution becomes critical. By addressing change management, companies have been able to more quickly adapt new strategies, new technologies, and processes to more rapidly achieve the benefits.
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- Human Capital and Global Business Strategy , pp. 198 - 239Publisher: Cambridge University PressPrint publication year: 2013
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