MNG3702
ASSIGNMENT
, Stuvia.co.uk - The Marketplace for Revision Notes & Study Guides
MNG3702
ASSIGNMENT 2 SEMESTER 1 & 2 2021
UNIQUE NUMBER: 747257/820917
DISCLAIMER: Extreme care has been used to create this document, however the contents are provided “as is” without any
representations or warranties, express or implied. This document is to be used for comparison, research and reference
purposes ONLY. Directly submitting and/or reselling/ distribution / reproduction any part of this document is not permitted.
QUESTION A1
QUESTION A1
A1.1 Differentiate between the various types of strategic change
Strategic change can be classified based on two variables, namely (i) the extent of the change required, and (ii)
the speed of the change that is to be achieved. Based on these two variables, the following four types of strategic
changes are distinguished:
Evolution (transformation; incremental).
Evolutionary change refers to transformational change that is implemented gradually (or incrementally) through
inter-related initiatives. Evolution is change in strategy that requires cultural change, but it happens over time.
Since there is no pressing need for it, this type of change is often the most difficult to manage.
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ASSIGNMENT
, Stuvia.co.uk - The Marketplace for Revision Notes & Study Guides
MNG3702
ASSIGNMENT 2 SEMESTER 1 & 2 2021
UNIQUE NUMBER: 747257/820917
DISCLAIMER: Extreme care has been used to create this document, however the contents are provided “as is” without any
representations or warranties, express or implied. This document is to be used for comparison, research and reference
purposes ONLY. Directly submitting and/or reselling/ distribution / reproduction any part of this document is not permitted.
QUESTION A1
QUESTION A1
A1.1 Differentiate between the various types of strategic change
Strategic change can be classified based on two variables, namely (i) the extent of the change required, and (ii)
the speed of the change that is to be achieved. Based on these two variables, the following four types of strategic
changes are distinguished:
Evolution (transformation; incremental).
Evolutionary change refers to transformational change that is implemented gradually (or incrementally) through
inter-related initiatives. Evolution is change in strategy that requires cultural change, but it happens over time.
Since there is no pressing need for it, this type of change is often the most difficult to manage.
Downloaded by: mahlogonolowizdel |
Distribution of this document is illegal