Important information about global marketplace

Today's global marketplace are faced with a constant need to understand the forces affecting them and adapt accordingly. Answer the questions listed below.

Innovation

A former colleague calls you, and he sounds very frustrated. Once again, senior leadership has proclaimed itself the followers of the latest management fad and expects the entire organization to immediately shift direction. You shake your head. You know that organizations in today's global marketplace are faced with a constant need to understand the forces affecting them and adapt accordingly.

Primary Task Response: Within the Discussion Board area, respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:

Reflect on the following statement:

Organizations need to adapt to innovative techniques while avoiding the pitfall of adopting unproven methods and/or fads that may not fit with the culture of the organizations.

1. What would you say to your former colleague?

2. Are these two forces mutually exclusive, or do you perceive a balance that can be struck between change and stability? Provide a detailed example that will support your position.

3 What examples can you give of preparing and managing potential conflicts that result from change?

4. How does organizational structure impact an organization's ability to innovate successfully?