It is more realistic than the deliberate one. adapt strategy The pace of change in today's business environment is staggering. It has become difficult for large monolithic organizations to keep up with rapid advances. At the same time, it seems that fast and nimble startups are emerging , with innovative products and services backed by equally exciting business models.
These movements threaten the stability of many large corporations, which see how the new companies endanger their hegemony. Additionally, there are industries Whatsapp Mobile Number List where traditional practices are slowly disappearing as sustainable business models: for example, the music and publishing industries. One of the conclusions of the latest economic crisis is that traditional business must adapt to changing times in order to survive.
What seems proven is that instead of stability being the normal state of things, what is actually beneficial is constant change. Stability, not change, is the most dangerous state in highly volatile economic environments . The challenge for large established companies is that their main lines of business continue to function efficiently and maximize their returns. In this way, the organization can face the fluctuations of the market.