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Change Management
Change management (CM) is a discipline that focuses on managing changes within an organization. Change management involves implementing approaches to prepare and support individuals, teams, and leaders in making organizational change. Change management is useful when organizations are considering major changes such as restructure, redirecting or redefining resources, updating or refining business process and systems, or introducing or updating digital technology. Organizational change management (OCM) considers the full organization and what needs to change, while change management may be used solely to refer to how people and teams are affected by such organizational transition. It deals with many different disciplines, from behavioral and social sciences to information technology and business solutions. As change management becomes more necessary in the business cycle of organizations, it is beginning to be taught as its own academic discipline at universities. There are a gro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Process
A business process, business method, or business function is a collection of related, structured activities or tasks performed by people or equipment in which a specific sequence produces a service or product (that serves a particular business goal) for a particular customer or customers. Business processes occur at all organizational levels and may or may not be visible to the customers. A business process may often be visualized (modeled) as a flowchart of a sequence of activities with interleaving decision points or as a process matrix of a sequence of activities with relevance rules based on data in the process. The benefits of using business processes include improved customer satisfaction and improved agility for reacting to rapid market change. Process-oriented organizations break down the barriers of structural departments and try to avoid functional silos. Overview A business process begins with a mission objective (an external event) and ends with achievement of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Individual
An individual is one that exists as a distinct entity. Individuality (or self-hood) is the state or quality of living as an individual; particularly (in the case of humans) as a person unique from other people and possessing one's own needs or goals, rights and responsibilities. The concept of an individual features in many fields, including biology, law, and philosophy. Every individual contributes significantly to the growth of a civilization. Society is a multifaceted concept that is shaped and influenced by a wide range of different things, including human behaviors, attitudes, and ideas. The culture, morals, and beliefs of others as well as the general direction and trajectory of the society can all be influenced and shaped by an individual's activities. Etymology From the 15th century and earlier (and also today within the fields of statistics and metaphysics) ''individual'' meant " indivisible", typically describing any numerically singular thing, but sometimes meani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jack Welch
John Francis Welch Jr. (November 19, 1935 – March 1, 2020) was an American business executive, chemical engineer, and writer. He was Chairman and CEO of General Electric (GE) between 1981 and 2001. His long career at General Electric (GE) has left a polarizing legacy. Some people view these changes as necessary and have adopted his philosophy at other companies to keep what they view as a productive workforce. These decisions to adapt GE to a financial company have been poor for investors; Critics argue that his cut-throat work culture is responsible for the modern American capitalist philosophy of constant turnover and has decreased job stability in the United States since the 1980s. This culture has been adopted at many companies, such as Amazon and Uline. When Welch retired from GE, he received a severance payment of $417 million, the largest such payment in business history up to that point. In 2006, Welch's net worth was estimated at $720 million. Early life and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Publishers Weekly
''Publishers Weekly'' (''PW'') is an American weekly trade news magazine targeted at publishers, librarians, booksellers, and literary agents. Published continuously since 1872, it has carried the tagline, "The International News Magazine of Book Publishing and Bookselling." With 51 issues a year, the emphasis today is on book reviews. History Nineteenth century The magazine was founded by bibliographer Frederick Leypoldt in the late 1860s and had various titles until Leypoldt settled on the name ''The Publishers' Weekly'' (with an apostrophe) in 1872. The publication was a compilation of information about newly published books, collected from publishers and from other sources by Leypoldt, for an audience of booksellers. By 1876, ''The Publishers' Weekly'' was being read by nine tenths of the booksellers in the country. In 1878, Leypoldt sold ''The Publishers' Weekly'' to his friend Richard Rogers Bowker, in order to free up time for his other bibliographic endeavors. Augu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spencer Johnson (writer)
Patrick Spencer Johnson (November 24, 1938 – July 3, 2017) was an American writer. He was known for the ValueTales series of children's books, and for his 1998 self-help book '' Who Moved My Cheese?'', which recurred on the ''New York Times'' Bestseller list, on the ''Publishers Weekly'' Hardcover nonfiction list. Johnson was the chairman of Spencer Johnson Partners. Biography Spencer Johnson was born in Watertown, South Dakota, graduated from Notre Dame High School of Sherman Oaks, California, in 1957, received a Bachelor of Arts degree in psychology from the University of Southern California in 1963, and his medical degree from the Royal College of Surgeons in Ireland. Johnson lived in Hawaii and New Hampshire. He was employed by the Harvard Business School and the John F. Kennedy School of Government. He died in San Diego on July 3, 2017, at the age of 78. Notable works Johnson wrote the book ''"Yes" or "No": The Guide to Better Decisions'' (1992). He co-authored the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Who Moved My Cheese?
''Who Moved My Cheese? An Amazing Way to Deal with Change in Your Work and in Your Life'' is a 1998 motivational business fable by Spencer Johnson that describes four reactions to change. The book is written as a parable about two mice and two "Littlepeople" during their hunt for cheese. A ''New York Times'' business bestseller upon release, ''Who Moved My Cheese?'' remained on the list for almost five years and spent over 200 weeks on ''Publishers Weekly''s hardcover nonfiction list. As of 2018, it has sold almost 30 million copies worldwide in 37 languages and remains one of the best-selling business books. Summary Several high school classmates meet after a class reunion and discuss the challenge of handling the changes in their lives. Michael, a business manager, says that he was afraid of change until he heard an allegorical story, which he proceeds to tell. In the story, two mice and two "littlepeople" — people the size of mice — live in a maze. The mice, named Sniff a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Kotter
John Paul Kotter is the Konosuke Matsushita Professor of Leadership, Emeritus, at the Harvard Business School, an author, and the founder of Kotter International, a management consulting firm based in Seattle and Boston. He is a thought leader in business, leadership, and change. Career John Kotter is an emeritus from Harvard Business School where he started teaching in 1972. He is the founder of Kotter International, and started his business in 2010 with locations in Cambridge Massachusetts and Seattle Washington. He currently serves as Chairman of Kotter International alongside CEO, Rick Western, Chief Commercial Officer, Kathy Gersch, Chief Financial Officer, Tanya Kruger and many more. Kotter is also an author, speaker, and entrepreneur in the lines of business and leadership. Personal life Kotter lives in Boston, Massachusetts with his wife, Nancy Dearman. They have two children, Caroline and Jonathan. Written work Kotter is the author of 21 books, as listed below. 12 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Innovation
Innovation is the practical implementation of ideas that result in the introduction of new goods or service (economics), services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity, realizing or redistributing value (economics), value". Others have different definitions; a common element in the definitions is a focus on newness, improvement, and spread of ideas or technologies. Innovation often takes place through the development of more-effective product (business), products, processes, Service (economics), services, technologies, art works or business models that innovators make available to Market (economics), markets, governments and society. Innovation is related to, but not the same as, ''invention'': innovation is more apt to involve the practical implementation of an invention (i.e. new / improved ability) to make a meaningful impact in a market or society, and not all innovations requir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Piper Alpha
Piper Alpha was an oil platform located in the North Sea about north-east of Aberdeen, Scotland. It was operated by Occidental Petroleum, Occidental Petroleum (Caledonia) Limited (OPCAL) and began production in December 1976, initially as an oil-only platform, but later converted to add gas production. Piper Alpha exploded and collapsed under the effect of sustained gas jet fires in the night between 6 and 7 July 1988, killing 165 of the men on board (30 of whose bodies were never recovered), as well as a further two rescuers. Sixty-one workers escaped and survived. The total insured loss was about £1.7 billion (£ billion in ), making it one of the List of disasters by cost, costliest man-made catastrophes ever. At the time of the disaster, the platform accounted for roughly 10% of North Sea oil, North Sea oil and gas production and was the world’s single largest oil producer. The accident is the worst ever offshore oil and gas disaster in terms of lives lost, and comparable ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Sea
The North Sea lies between Great Britain, Denmark, Norway, Germany, the Netherlands, Belgium, and France. A sea on the European continental shelf, it connects to the Atlantic Ocean through the English Channel in the south and the Norwegian Sea in the north. It is more than long and wide, covering . It hosts key north European shipping lanes and is a major fishery. The coast is a popular destination for recreation and tourism in bordering countries, and a rich source of energy resources, including wind energy, wind and wave power. The North Sea has featured prominently in geopolitical and military affairs, particularly in Northern Europe, from the Middle Ages to the modern era. It was also important globally through the power northern Europeans projected worldwide during much of the Middle Ages and into the modern era. The North Sea was the centre of the Viking Age, Vikings' rise. The Hanseatic League, the Dutch Golden Age, Dutch Republic, and Kingdom of Great Britain, Brita ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1990 Oil Price Shock
The 1990 oil price shock occurred in response to the Iraqi invasion of Kuwait on August 2, 1990, Saddam Hussein's second invasion of a fellow OPEC member. Lasting only nine months, the price spike was less extreme and of shorter duration than the previous oil crises of 1973–1974 and 1979–1980, but the spike still contributed to the early 1990s recession in the United States. The average monthly price of oil rose from $17 per barrel in July to $36 per barrel in October. As the U.S.-led coalition experienced military success against Iraqi forces, concerns about long-term supply shortages eased and prices began to fall. Iraqi invasion of Kuwait and ensuing economic effects On August 2, 1990, the Republic of Iraq invaded the State of Kuwait, leading to a seven-month occupation of Kuwait and an eventual U.S.-led military intervention. While Iraq officially claimed Kuwait was stealing its oil via slant drilling, its true motives were more complicated and less clear. At the time ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Bridges (author)
William Bridges (1933 – February 17, 2013) was an American author, speaker, and organizational consultant. He emphasized the importance of understanding transitions as a key for organizations to succeed in making changes. He says transition is the psychological process of adapting to change. Transition consists of three phases: letting go of the past, the "neutral zone" where the past is gone but the new isn't fully present, and making the new beginning.Managing Transitions p 4,5 He was educated at Harvard (BA, English), Columbia (MA, American History) and Brown (PhD, American Civilization) Universities and taught American Literature at Mills College until 1974,when he became a consultant. Bridges died on February 17, 2013, from complications of Lewy body disease Lewy body dementia (LBD) is an umbrella term for two similar and common subtypes of dementia: dementia with Lewy bodies (DLB) and Parkinson's disease dementia (PDD). Both are characterized by changes in thinking, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
