Mastering Strategic Change and Dynamic Capabilities for Business Growth
Classified in Other subjects
Written on in
English with a size of 4.76 KB
Strategic Change and Dynamic Capabilities
Understanding Organizational Change
Strategic change is defined as the difference in form, quality, or condition, over time, of an organization's fit, adaptation, or adjustment with its environment (Van de Ven and Poole, 1995). It can manifest as:
- Changes in the content of the strategy.
- Changes in the environment leading the organization to initiate and implement changes in the strategy's content.
Strategic change addresses issues critical to an organization's survival, impacting various levels and functions.
The Change Process
The process of change involves:
- Logic explaining causal relationships between dependent and independent variables.
- A category of concepts or variables referring to actions of individuals