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Essay / Research Paper Abstract
A 5 page paper answering 5 questions about likely changes in business in the future and how leaders will need to respond to those changes. Other questions focus on diversity and ethics in the change process. Bibliography lists 6 sources.
Page Count:
5 pages (~225 words per page)
File: CC6_KSmgChgWk6DQs.rtf
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Unformatted sample text from the term paper:
in the future? The short list includes virtually everything any organization of any type does as its business. Even with all of
the changes that business has navigated over the past generation, even greater changes are on the horizon, some so close that they are coming into focus even now.
The first and most basic factor that will influence business in the future is the operation of the classic business cycle, that thing that economist
Paul Samuelson pronounced dead in 1969, shortly before the entire world slipped into economic depression in response to the world oil crisis in the early 1970s. A business cycle
effect currently underway is cooling of the housing market in most of the country, bringing with it the ripple effect of diminished purchases of paint, furniture, home entertainment systems, curtains,
landscaping items and other items associated with moving to a new and larger home (Hovanesian and Stead, 2006). Baby boomers aging will affect
organizations need to change as well. They will need to learn what retired baby boomers want; they will need to wring out greater levels of value from other age
groups. As market sizes diminish, businesses will need to implement changes that will provide more greatly detailed information about current customers as they seek out new ones. They
will need to develop new technology products to replace others entering their decline phase (Belson, 2006). Regulation will be of increasing import.
Already Sarbanes-Oxley promises prison for intentionally misstated financial statements; some areas of the country have worsening environmental conditions that will have to be addressed. Energy types and sources are
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