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7 - Change management

Published online by Cambridge University Press:  05 June 2014

Howard Thomas ,
Richard R. Smith  and
Fermin Diez
Howard Thomas
Affiliation:
Singapore Management University
Richard R. Smith
Affiliation:
Singapore Management University
Fermin Diez
Affiliation:
Singapore Management University
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Summary

If anything is certain, it is that change is certain. The world we are planning for today will not exist in this form tomorrow.

Philip Crosby

Introduction

We have examined the elements of human capital strategy as components of a holistic system that supports the business strategy. Each component is critical in strategy execution and together create the human capital asset of the firm. Yet, each firm is hardly static. Movement in the marketplace, improvements in the processes, updates in technology, and the progression of people all require changes in the organisation. How a company is able to adapt and change is an important capability that is often correlated with long-term success.

As firms develop new strategies and plans, the need for effective execution becomes critical. By addressing change management, companies have been able to more quickly adapt new strategies, new technologies, and processes to more rapidly achieve the benefits.

Type
Chapter
Information
Human Capital and Global Business Strategy , pp. 198 - 239
Publisher: Cambridge University Press
Print publication year: 2013

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References

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  • Change management
  • Howard Thomas, Singapore Management University, Richard R. Smith, Singapore Management University, Fermin Diez, Singapore Management University
  • Book: Human Capital and Global Business Strategy
  • Online publication: 05 June 2014
  • Chapter DOI: https://doi.org/10.1017/CBO9781139519380.008
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  • Change management
  • Howard Thomas, Singapore Management University, Richard R. Smith, Singapore Management University, Fermin Diez, Singapore Management University
  • Book: Human Capital and Global Business Strategy
  • Online publication: 05 June 2014
  • Chapter DOI: https://doi.org/10.1017/CBO9781139519380.008
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Change management
  • Howard Thomas, Singapore Management University, Richard R. Smith, Singapore Management University, Fermin Diez, Singapore Management University
  • Book: Human Capital and Global Business Strategy
  • Online publication: 05 June 2014
  • Chapter DOI: https://doi.org/10.1017/CBO9781139519380.008
Available formats
×