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TRENDS IN ORGANISATION

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.

10. Encouraging and empowering personnel to generate ideas and take more initiative.

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