Global and Economics Changes

Global and Economics changes

Global and Economics changes are affecting organizations every day. These changes ask for a different approach in order to survive the high level, cut throat environment. Nowadays organizations cannot afford to sit and wait for changes to happen on their own because it can create insecurity and uncertainty amongst their employees. Some changes happen in a split second, their force comes by like a tornado and it does not ask for permission to come in. Such forceful changes create quick instability if proper management or leadership is not in place. The alternative, sometimes, is to learn to deal with the sudden changes by taking advantage of the situation.

In the business world, implementing changes can be quite difficult. "Strategic Renewal requires organization change; it demands wide scale invention, reinvention redesign and organizational structures" (Spector, 2010, p. 4). When major changes happen, employees do not automatically embrace them because they are not certain of the results. At the beginning stage, the results are unknown and the first reaction is to attach to what is known to the individual, consequently refusing to accept what is new. Smooth organization changes happen when all individuals are aboard. Everyone should be included in the process; no one should be left behind. Truthfully, all changes happen through the individual. Spector said that in order to support an effective organization renewal, organizations need to do more than just announce the changes (p. 5). Good management attempts to use behavior within the organization to harness the best potential of their employees.

The central idea is that in order for any process of change to succeed, it is necessary to integrate the technical and human aspects of every generational group working for the organization. Otherwise, without both aspects, the main object of the organizational change will be very difficult to implement and most likely have a higher probability of failure.

The different age categories in an organization can determine how quickly changes are embraced. Seniors and Baby Boomers can behave differently from Generation X and Y as they may have different values and work ethics. According to the Census Bureau, the Baby Boomers born between 1946 and 1964 now compose the largest percentage of the population.