Constant search for business opportunities is the foundation of company’s longevity. Firms also need to introduce changes to their management models in response to competitor business actions. Organizational renewal allows for the reconstruction of the particular parts of the company which leads to organization performance improvement, innovative thinking stimulation and successful market competition.
Organizational renewal will:
- facilitate business opportunities adaptation
- revitalize ineffective elements of the company
- highlight new business paths
- develop strategic thinking
- increase business discipline level
Create
- Business opportunity search system
- Product and service diversification
- Future project planning tools
Implement
- Business risk models
- Optimal resource utilization
- Business development plan
Increase
- Organization added value
- Number of strategic resources
- Employees competence level