Month: October 2022

What is organizational change? According to HBR, Organizational change refers to the actions in which a company or business alters a major component of its organization, such as its culture, the underlying technologies or infrastructure it uses to operate, or its internal processes.  Why is change management important? Change management is important not only due…

The external environment, including physical, political, economic and social factors, can significantly affect how businesses operate. PESTLE analysis is a useful tool for auditing all external factors that can affect an organization’s success. Reviewing the external environment and macro environmental factors through PESTLE makes it possible to identify and understand long-term trends and use them…