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Strategic Change Doesn’t Always Start at the Top | Industry Week

Strategic Change Doesn’t Always Start at the Top | Industry Week

Executives at large corporations are hesitant to make significant changes and are more likely to instill tactical organization merits. It has been shown that immediate, large-scale changes are more financially beneficial than incremental changes, but require more risk taking. When seeking competitive advantage, step-function change is the ideal method when it does not involve shutting down parts of the business or removing employees from their positions. It is recommended that companies learn to embrace large changes as part of growing and remaining relevant.

 Source: https://www.industryweek.com/leadership/strategic-change-doesn-t-always-start-top

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