List Two Environmental Factors That Also Increased the Need for Change

question 8

Essay

List two environmental factors that also increased the need for change in the traditional grid.

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Definitions:

Innovation Followers

Innovation followers are companies or individuals that adopt new technologies or practices after they have been proven by innovators and early adopters.

Strategic Leadership

Refers to the ability of an organization's leaders to set visions, formulate strategies, and guide the organization towards its goals.

Human Capital

The collective skills, knowledge, and expertise that employees bring to an organization, considered an asset in improving productivity and enhancing organizational value.

Ethical Practices

Conduct that adheres to guidelines or principles that determine right and wrong behavior within a specific context.