Continous improvement

  Summary statement: The requirement for ongoing, continuous and reciprocal processes of change in the organisation must be embraced as a core component of corporate philosophy, and therefore enshrined as a non-negotiable element of organisational culture. When this ambition is realised, there will be a joint and individual commitment amongst stakeholders to a constant adjustment of their ways of doing things, in pursuit of an improved value proposition for the customer. This is achieved by a combination of effective communication and disciplined implementation and is therefore followed by the generation of quantifiable benefits for all stakeholders involved in the process. To complete this Key Concept Exercise In an approximately 300-words response, address the following issue/question: Answer the following question: • With reference to the summarised statement above, to what extent do you believe the propositions contained in this statement are important, valid, relevant and achievable in practice, given the real-world conditions that have been encountered in your own experience? Note: When writing your responses, you should synthesise the theory with real world experience and use the examples of the theories in action in a real organisation about which you have read or one in which you have worked. 4-5 academic journals should be used, and make sure that citing and referencing you use when providing your opinion are appropriate for academic writing. (Harvard only