TRENDS IN ORGANISATION
Over the
last decades, significant changes have taken place in the business environment,
such as Globalization, Information Technology Revolution and market
fragmentation. In order to take the advantages new opportunities prevailing in
the environment, organisation are also responding with changing strategies.
Some of the important trends are:
1. Organisation restructuring with more customer
orientation and breaking the walls of departments.
2. Outsourcing by buying goods and services from outside
venders.
3. Benchmarking best practices to improve performance.
4. Doing strategies alliance with vendors.
5. Working more closely with customers to add value to
their operations.
6. Increasing numbers of mergers, takeover and
amalgamations to gain economies.
7. Globalizing with effort to think global and act local.
8. Flattening with reducing the number of organisational
levels to get closer to the customers.
9. Determining the most profitable business and customers
and focusing on them.
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