Identify a technological innovation that you believe will impact an industry
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Evaluate two businesses and provide constructive counsel by providing the student’s opinion in considering the questions presented here. Company 1: Examine a company that has endured and is considered sustainable. Select a company that is at least 25 years old. How has that company changed over time? How have they remained relevant? How is change derailed in organizations? What can managers do to prevent the failure of change processes? How should a business balance what it does well, today, with what it will need to do in the future? Can a firm do both activities well? Company 2 : Strategizing Change – the certainty of Innovation Identify a technological innovation that you believe will impact an industry. How will it impact the competitive landscape? Which company is likely to thrive? To struggle? What tools can a manager use to scan the external environment in an effort to anticipate potential organizational changes? Consider the various approaches to organizational change. What are the advantages and disadvantages of each approach? Under what conditions is one approach more suitable than another?