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Four Sources of Change

Internal

Strategic Change is a change in the strategy or mission of the organisation. For example, diversification of business, acquisition of a new business or merging with another company are strategic changes which in turn may require a change in organisational culture.

Structural change is a change in the organisational structure, such as team building or downsizing. These changes are made to make operations run more smoothly, improve overall coordination and control or empower individuals to make their own decisions in the area of their work.

External

Competition  - In such environments, establishing organisations need to define themselves against both traditional competitors who develop new products and services as well as small entrepreneurial firms with innovative offerings. Successful organisations will be those that can change in response to the competition.

World Politics - The changes in world politics will have an impact on the global economy and the demand for specific products.

Simon Ranford

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External - Consumer trends - If you see a new trend emerging, creating a product / service to compliment the trend may create an influx of revenue.
External - Environmental / Social forces -  Opportunities to lower the company's carbon emissions, recycle more or be more energy efficient may not only help the environment, but can be used as a marketing tool to show your company is doing their bit.
Internal - Structural change - Going from hierarchical to a flat structure can create more opportunities for employees to step up and take on more responsibility and create an impression with management.
Internal - Cultural Change - Changes in hierarchy could produce opportunities to change the business culture.

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Using business to change social situations...

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Using business to change social situations...

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External: political changes - changes in consumer rights for example forces change on the way companies deal with customers.
Trend changes - changing the style of products for example.
Internal: technology changes - the company gets a new computer system which all employees must then learn to use.
Hierarchical changes - changes in level of power and who reports to who.

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Technological Changes

Imgaine if Alexander Bell hadn't invented the phone, or the Wright brothers hadn't built the first plane... Techonology is the sign of the world learning and advancing with new creations and innovations.

https://www.cio.com/article/3152568/the-growing-importance-of-the-technology-economy.html

Economic changes

Economic changes are drawn from changes within the other areas such as Politics or Technology.

https://simplicable.com/new/economic-change

Social Change

This truly shows how the world has changed

https://www.cliffsnotes.com/study-guides/sociology/social-change-and-movements/social-change-defined

Political

This feeds into the Economic area
https://bizfluent.com/info-8377458-effects-political-environment-business-organizations.html

Niki Russell

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Economic Change
https://study.com/academy/lesson/types-of-economic-change.html

Technological Change
https://smallbusiness.chron.com/impact-technological-change-business-activity-2191.html

Social Change
https://yourbusiness.azcentral.com/social-changes-could-affect-businesses-24838.html

Political Change
https://pestleanalysis.com/political-factors-affecting-business/

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Economic Overview | Invest in New Zealand | NZ Now

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Understand the economic overview of New Zealand. Learn about the key economic indicators and drivers that make New Zealand as a great place to invest.

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The Impact Of Technological Change And How Technology Affects Business