How to cope with a turbulent environment

University essay from Linköpings universitet/Ekonomiska institutionen; Linköpings universitet/Ekonomiska institutionen

Abstract:

Background: Due to constant changes and unpredictability in a turbulent environment, the traditional way of planning does not seem to work anymore. Therefore, new approaches to the external and internal conditions need to develop in order to cope with the environmental turbulence.

Purpose: The purpose of this thesis is to define a turbulent environment and identify how an organisation can cope with this environment. Procedure: We have developed a frame of reference mainly consisting of theories regarding a turbulent environment and change. In addition, we have selected eight guiding factors, which we have used when studying, systemising, and comparing how contemporary literature suggests that an organisation can cope with a turbulent environment.

Results: The conclusions we have come to are that with a definition of the environment as being fast-changing and of chaotic nature, where the changes are continuous, emergent, small, big or somewhere in between, and where paradoxes play an important role, it is necessary to develop an organisational structure, leadership, human resource, and corporate culture, in which the objective always is to create dynamics and to build in an acceptance of change.

  AT THIS PAGE YOU CAN DOWNLOAD THE WHOLE ESSAY. (follow the link to the next page)