“Organizational Change” refers to the process through which a company or institution makes significant adjustments to its structure, strategies, operations, or culture to improve effectiveness and adapt to internal or external pressures. This can involve reorganizing departments, implementing new technologies, or altering business models. The goal of organizational change is often to enhance efficiency, address challenges, or capitalize on new opportunities.
For example, a company may undergo organizational change by restructuring its management hierarchy to foster better communication and decision-making. This could involve creating new departments, redistributing responsibilities, and training employees on new processes to support the transition.
Related Terms:
Organizational Development (OD)
