What is the relationship between change and management?

What will be an ideal response?

Answer: Managing change is the most persistent, pervasive, and powerful challenge with which all managers have to deal, regardless of the nature of their organization or its location. No matter how new or experienced managers are, they will be confronted with both the need for change and the opportunity to create change. Two of the major causes of change are new technology and globalization.

Technological developments happen quickly and continuously; therefore, managers cannot ignore the impact of technology on their jobs and their companies. For example, the Internet has created opportunities for marketing products, reaching distant markets, transferring information, and communicating internally and externally. Managers must identify and exploit these opportunities. If they do not, then their competitors will.

Globalization involves the increasing international and cross-national nature of politics and business. Global events affect the goals managers set, the decisions they make, and their efforts to coordinate and lead the work of others. In addition, as their companies move into international markets, managers must understand the cultures and institutional environments in these new markets.