Invited article: Adaptability

Invited article: Adaptability

For the last several decades, organizations have dealt with economic shifts using change management. Based on the new science, there are two major flaws with this approach. First, the word change implies an event with an ending. Second, it implies that change can be managed. In a world of economic v...

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Bibliographic Details
Main Author: Olivia Parr Rud
Format: Article
Language:English
Published: Sciendo 2011-01-01
Series:Business Systems Research
Subjects:
organization
alignment
speed of change
economic volatility
market shift
Total Quality Management
Business Reprocess Engineering
living systems
chaos
evolution
fifth discipline
learning organization
system thinking
Online Access:http://www.degruyter.com/view/j/bsrj.2011.2.issue-2/v10305-012-0017-x/v10305-012-0017-x.xml?format=INT
Description
Summary:For the last several decades, organizations have dealt with economic shifts using change management. Based on the new science, there are two major flaws with this approach. First, the word change implies an event with an ending. Second, it implies that change can be managed. In a world of economic volatility, this approach is no longer viable. The continuous climate of uncertainty and volatility demands another view, one that supports adaptability and resilience.
ISSN:1847-8344
1847-9375

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