Factors to consider for implementing change in management

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Questions and Answers

What is the significance of VUCA in today's business world?

  • It suggests a static and unchanging environment.
  • It emphasizes the importance of agility and adaptability. (correct)
  • It highlights the need for stability and predictability.
  • It represents the core values of most organizations.

Who are examples of external stakeholders in an organization?

  • Non-profit leaders and politicians
  • Suppliers and investors (correct)
  • Competitors and industry analysts
  • Management and personnel

What is the main purpose of Organisational Development (OD) in a VUCA world?

  • To discourage human growth and authenticity
  • To maintain outdated organizational models
  • To promote agility and adaptability (correct)
  • To ensure short-term profits for shareholders

Why is it argued that most organizations need to reinvent themselves?

<p>To address the complexity and challenges of today's world (A)</p>
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Which group is NOT considered an internal stakeholder in an organization?

<p>Customers (B)</p>
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How does the need for agility in organizations reflect current trends?

<p>By adapting to changing environments quickly (A)</p>
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What is a common misconception about organizational models according to the text?

<p>They focus solely on short-term shareholder profit. (D)</p>
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