Abstract
The 21st century has brought with it an increase in the already rapid pace of change in all spheres of life and business. Successful enterprises have begun to respond to these changes by constantly evaluating and adjusting their business processes, business strategies, operations structure, financial models, and the speed of execution of their businesses. This process of constant evaluation and adjustment is the survival trait of companies within the hyper-competitive marketplace of the global, digital economy. Organizations that are able to respond to opportunities by rapidly and constantly updating their business practices will maintain competitive advantage and sustain leadership in their markets.
Original language | English (US) |
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Title of host publication | From Strategy to Execution |
Subtitle of host publication | Turning Accelerated Global Change into Opportunity |
Publisher | Springer Berlin Heidelberg |
Pages | 3-28 |
Number of pages | 26 |
ISBN (Print) | 9783540718796 |
DOIs | |
State | Published - Dec 1 2008 |
All Science Journal Classification (ASJC) codes
- Economics, Econometrics and Finance(all)
- General Business, Management and Accounting