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| Author: | Want, J. H. |
| Title: | Managing change in a turbulent business climate |
| Journal: | Management Review
1990 : NOV, VOL. 79:11, p. 38-41 |
| Index terms: | CHANGE BUSINESS ENVIRONMENT DEREGULATION MANAGEMENT STRATEGIC MANAGEMENT MANAGEMENT TECHNIQUES |
| Language: | eng |
| Abstract: | Recently USA business has experienced much change and disruption. It can be slowed but techniques can be developed to help managing it. The forms of changes are different /divestiture, consolidation, deregulation, globalization, unstable currencies, etc./ All businesses, all industries go through business change cycles that comprise two primary phases: a growth and development phase and a turnaround phase. Business changes can be divided into five stages: delayed change, operational change, directional change, fundamental change and total change. Strategies for managers to cope with all these changes are discussed, in the framework of a change model, in order to be able to manage the change cycle. |
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