The pace of change in organization is accelerating and transformation is occurring at various work places. Therefore is time for organization, to know how to combat change for the
Prosperity of organizations. The following are trends that are currently in most organizations;
Trends in current organizations. The following are trends that are currently in most organization.
Globalization refers to economic, social and cultural connectivity with people in other parts of the world. It’s an ongoing process which influences aspects of organizations which some are advantageous and others are disadvantageous.
Globalization is applauded for increasing organizational efficiency and providing a broader network to attract valuable knowledge and skills while it also presents new challenges like; competitive pressures , market volatility , longer working hours, heavier workloads and work – family conflict amongst others.
ii. Information Technology
The internet and other forms of information technology are changing daily e.g.
- It is connecting people around the planet and allowing small businesses in developing countries to compete in global market place within organization.
- It has reshaped the dynamics of organization power and politics.
- It has created new standards for competitive advantage through knowledge management.
- It has brought about telecommunication where employees work from home with a computer connection to the office
iii. The changing workforce.
Dimension of workforce involves primary and secondary diversity. Primary dimension involve; gender, ethnicity, age, race, sexual orientation, mental/physical qualities that represent individual’s socialization and self identity .Secondary dimension involve education, marital status, religion and work place. Diversity of this workforce presents both challenges and opportunities in organizations. Opportunities like ;competitive advantage , reverse of market share among others .Challenges involve racism, stereotyping conflicts e.t.c
iv. Emerging Employment Relationships
The changing workforce, new information & communication technology and globalization have fueled substantial changes in employment relationships. Employees face increasing turbulence in their work/employment, where they perform a variety of work activities rather than hold specific jobs and are expected to continuously learn skills that will keep them employed .This brings implications on job design, organizational loyalty and work stress.
v. Work Place Values And Ethics
Values represent stable, long-lasting beliefs about what is important in a variety of situation that guide decisions and action, while ethics is the study of moral principles or values that determine whether actions are right or wrong and outcomes are good and bad. Companies are learning to apply values in a global environment and they are under pressure to abide by ethical values and higher standards of cooperate social responsibility.