Abstract
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.
Language: English
Page range: 4 - 12
Published on: Sep 19, 2012
Published by: IRENET - Society for Advancing Innovation and Research in Economy
In partnership with: Paradigm Publishing Services
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© 2012 Olivia Rud, published by IRENET - Society for Advancing Innovation and Research in Economy
This work is licensed under the Creative Commons License.