Journal Press India®

Organizational Renewal a Strategic Imperative

Vol 13 , Issue 1 , January - June 2012 | Pages: 29-40 | Research Paper  

https://doi.org/10.51768/dbr.v13i1.131201203


Author Details ( * ) denotes Corresponding author

1. * Sonia Taneja, Assistant Professor, College of Business and Technology, Texas A & M University-Commerce, Texas, United States (Sonia.Taneja@tamuc.edu)
2. Mildred Golden Pryor, Professor, Department of Management, College of Business and Technology, Texas T&M Univesity - Commerce, Texas, United States
3. Jane Whitney Gibson' Professor, Department of Management, Huizenga School of Business and Enterpreneurship, NOVA Southeastern University, Texas, United States
4. Leslie A. Toombs Professor, Department of Management, Pinkie Roden Chair of Enterpreneurship and Sam M. Walton Free Enterprise Fellow, The University of Texas of the Permian Basin, United States

Organizational renewal can occur as an ongoing, continuous process or as episodic change. Organizations need  continuous renewal because  it  adds a level  of stability in  the  midst of
internal and  external triggers of change. The purposes of this  paper are: (1) to emphasize the need for continuous organizational renewal and  (2) to elucidate the respective roles of organizational culture, the external environment, and  internal organizational processes  as well  as strategic decisions and actions in both continuous and  episodic organizational renewal.
Design/Methodology/Approach – This paper involved an extensive literature review of theories and concepts relevant to continuous and episodic organizational renewal. For example, continuous learning and  innovation were studied a part  of the continuous renewal process.  In addition, organizational culture, the external environment, and internal organizational processes as well as strategic decisions and  actions were  studied in  terms of their  potential impact on organizational renewal. Finally, a conceptual organizational renewal model was developed which depicts the influence of internal and external elements of change and  the role of continuous learning and  innovation.
Findings – Organizational leaders must understand organizational renewal theories in order to be better able to invent the future as a continuous as  well  as  episodic renewal process. Leadership assessments, training, mentoring, and hiring processes should be refined to ensure that the people being hired and promoted into leadership positions will function as transformational, organizational renewal leaders for their respective organizations. As organizational renewal occurs, it then impacts learning and innovation so that renewal becomes a self-sustaining, continuous, reiterative process. It is in this way that learning and innovation serve both as the foundation for, and reiterative elements of, organizational renewal.
Research Limitations/Implications – The  literature review  indicated (1) a need  for continuous organizational renewal and  (2) the  existence and  causes  of episodic organizational renewal which have  the potential for negative as well  as positive organizational impact. The authors recognized a need  for an  organizational renewal model which will  be useful to organizational leaders who  face organizational renewal challenges on a daily basis.
Practical Implications – All organizations face external and  internal challenges which have  the potential for negative and/or positive organizational impact. This paper encourages organizational leaders to invent the  future by understanding and  appropriately utilizing organizational renewal theories and  concepts. An organizational renewal model is presented which can be utilized to sustain continuous renewal and thereby support long term organizational viability.
Originality/Value – This paper presents a new conceptual model in which learning and innovation comprise both the foundation for, and impacting elements of, organizational renewal.

Keywords

Organizational Renewal, Continuous Learning, Innovation, Strategy.

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