Introduction to Management and Business

Managing change and innovation What do we learn? a.      View on the change process. Ø   2 views of the change process: 1.       The calm water methapor: ·          Fairly descriptive of the situation managers faced. ·          Lewin’s description of the change process as a break in the organization’s equilibrium state: o    Unfreezing the status quo. o    Changing to a new state. o    Refreezing to make the change permanent. 2.       White-Water Rapids Metaphor ·          The lack of environmental stability and predictability requires that managers and organizations continually adapt (manage change actively) to survive. b.     Types of organizational change. Ø   Organizational change is the changes...

Managing Social Responsibility and Ethics What do we learn? a.      What does socially responsible means and what factors influences that decision. Ø   3 similar concepts: 1.       Social obligation ·          when a firm engages in social actions to meet certain economic and legal responsibilities. ·          Classic view: the view that management’s only social responsibility is to maximize profits. 2.         Social responsiveness ·          when a firm engages in social actions in response to some popular social need. 3.       Socioeconomic view ·          The managers social responsibility go beyond making profits to include protecting and improving society’s welfare. Ø   What is social...