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Pursuits of adaptation primarily follow the traditions that emphasize how managers influence the adaptation process and, therefore, focus mainly on decision-making. Organizations that recognize environmental change and make decisions to reconfigure resources or enter new markets are viewed as adapting accordingly.
With the business environment experiencing so much change, organizations must then learn to become comfortable with change as well. Therefore, the ability to manage and adapt to organizational change is an essential ability required in the workplace today.
In a business context, agility is the ability of an organization to rapidly adapt to market and environmental changes in productive and cost-effective ways. An extension of this concept is the agile enterprise, which refers to an organization that uses key principles of complex adaptive systems and complexity science to achieve success. [ 3 ]
At BCG, we call these companies highly vital; they have the capacity to adapt, innovate, and grow amid technological, economic, and political change. This list is designed to be both a tool for ...
Organizational culture influences the organization's ability to adapt to change. Culture in an organization is a self-reinforcing set of beliefs, attitudes, and behavior. Culture is one of the most resistant elements of organizational behavior and is extremely difficult to change.
Throughout business history, it has been a case of adapt or die: Most companies last only a few decades before falling victim to the latest disruptive technology.
May 19—One of my favorite teachers, Jane Evinger, emphasized that transitions are a key to writing. Until today, I never consciously considered writing a story about them. But it seems ...
In the life sciences the term adaptability is used variously. At one end of the spectrum, the ordinary meaning of the word suffices for understanding. At the other end, there is the term as introduced by Conrad, [3] referring to a particular information entropy measure of the biota of an ecosystem, or of any subsystem of the biota, such as a population of a single species, a single individual ...