Forces of Change:
Any factor in the environment (both internal and external) which interferes along with the organisation's ability to attract human, financial and material resources it requires, or to produce and market its services/products becomes a force of change. Those are numerous visible and invisible forces that are constantly affecting changes in organisations. Some of the significant ones are elaborates in Table.
Table: Important Forces of Change
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Force of Change
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Description
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Technology
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Tools, methods, procedures, techniques, instruments,
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Workforce
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Knowledge, skills, expectations, ambitions, requirement
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Economy
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Liberalisation, privatisation, globalisation, breaking the barriers, resource imbalance
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Competition
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Mergers, acquisitions, entry of new organisations, new products, lowering prices & better services
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Social Trends
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Nuclear families, late marriages, working couples one child norm
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Political Factors
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Warring ideologies, transitory relationships, coalition Governments, new equations, single superpower, etc.
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