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Business AOS5
| Term | Definition |
|---|---|
| Senge's Learning organization | business that facilitates the growth of its members and continuously transforms itself to adapt to changing environments |
| low risk strategies | gradual management approaches that encourage employees to accept and participate in business change |
| high risk strategies | autocratic management approaches used to influence employees to quickly accept and follow a business change |
| Communication as a low risk strategy | managers initiating open and honest two way communication with employees so they are aware of the reasons, impacts and their role in an upcoming change |
| Empowerment as a low risk strategy | managers providing employees with more responsibility and authority during times of change |
| support as a low risk strategy | providing employees with assistance as they move from current to new practices |
| management strategies | action implemented by management to achieve business objectives |