It can be defined as an alternative of work environment which is continuous process and implies attaining equilibrium between different components of an organisation.

  • There are various factors which impact change and can be roughly divided into internal factors and external factors.
  • Various external factors are follows:
  1. Technology.
  2. Changes in market condition.
  3. Social change.
  4. Political and legal changes.
  • The internal factors are:
  1. Change in managerial personnel.
  2. Deficiency in existing organisation.
  • Key success factors for change:
  1. Involvement.
  2. Obtaining commitment.
  3. Leadership.
  4. Training and psychological counselling.

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