Assessing the Impact of Theory E and Theory O on Sustainable Business Practices

The assignment content discusses the concept of organisational change and sustainable business practices in the textile industry. It highlights two theoretical approaches, Theory E and Theory O, which can be applied to achieve business sustainability. Theory E involves financial incentives and hiring consultants for expert solutions, while Theory O takes a soft approach by actively involving stakeholders to drive dramatic change. The content also emphasizes the importance of risk assessments and potential barriers that may impact the textile business. Additionally, it suggests that combining both theories could lead to profitable and productive outcomes.