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Innovative Business Practices - Prevailing a Turbulent Era (Hardcover, Unabridged edition)
Loot Price: R1,753
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Innovative Business Practices - Prevailing a Turbulent Era (Hardcover, Unabridged edition)
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This second decade of the millennium finds the world changing at a
once unimaginable pace. Businesses, tangled in the interwoven
threads of galloping globalization, technological advances,
cultural diversity, economic recession and deep-rooted human social
evolution, struggle to keep up with incessant changes; consequently
and inexorably experiencing severe difficulties and disorientation.
Executives, much bewildered, habitually turn to conventional,
time-honoured strategies and practices, which increasingly fail to
offer the much-sought answers and means to survival,
competitiveness and growth. We are currently experiencing a
business era of turbulence and dynamic change - an era that
inherently rejects conventionality and orthodox business theory to
reward businesses embracing agility, reflex-style adaptability,
innovation and creativity. This turbulence is, however, not a
parenthesis or even a pattern, but the new reality in which each
business must reinvent and redefine itself. This is a new reality
of stakeholders that shift focus from the external to the internal,
from the tangible to the intangible, and from fact to perception.
This book presents research and paradigms that transcend classical
theory in order to examine how business practice is positively
affected by these conditions. Across a multitude of sectors and
organisational types, scholars of different business
specialisations set the theoretical foundations of contemporary
thinking and present their practical implementations.
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