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Best Business Practices for Incorporating Change

Best Business Practices for Incorporating Change
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Author(s): Peter J. Stockmann (Gamut Strategies, USA & Areopa Group International, USA)
Copyright: 2021
Pages: 12
Source title: Transforming Scholarly Publishing With Blockchain Technologies and AI
Source Author(s)/Editor(s): Darrell Wayne Gunter (Gunter Media Group, USA)
DOI: 10.4018/978-1-7998-5589-7.ch007

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Abstract

Organizational changes are made for business decisions that aim to improve performance and achieve short- and long-term strategic goals. The decisions to change are usually based on analysis of the organization, and success is evaluated by improving bottom-line performance. And many changes are unplanned. Despite all the preplanning, external factors can change or even divert the progress of the organization. Change is inevitable, and a good change management process can help ensure the potential for success.

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