Organizations must constantly adapt to changing market conditions from "summary" of The Power of Strategy Innovation by Robert E. JOHNSTON,J. Douglas BATE
In today's fast-paced business environment, the ability of organizations to adapt to changing market conditions is crucial for their survival and success. The concept of organizational flexibility is not a new one, but it has become increasingly important in recent years as markets have become more dynamic and unpredictable. Organizations that are able to quickly respond to shifts in consumer preferences, technological advancements, and competitive pressures are more likely to outperform their rivals and maintain a competitive advantage. This requires a willingness to challenge existing assumptions, experiment with new ideas, and embrace change as a constant and necessary part of the business landscape. The key to successful adaptation lies in the organization's abi...
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