Last Updated 20 Apr 2022

Fast moving business environment

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In this fast-moving business environment, it has become increasingly necessary for an organization to embrace change, especially in its technology and marketing strategies, in order to maintain competitive edge. Competition and demand in high-quality products has made business environments to be very dynamic in that it requires dynamic organization and systems to offer effective responses to these dynamic business environments by implementing planning and implementing successfully changes.

As in the case of Verizon, the management must choose the image of management change that will give the best result and use it. If well-implemented results will always be good. For organizations to succeed in their adoption of required changes, they must formulate and adopt an excellent code of ethics that will guide the employees and managers in carrying out their duties in the ordinary course of their duties. Chief Executive Officers and senior managers should liaise with the experts on the best and suitable changes in an organization which will aid in attaining its objectives.

Reference

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Fast moving business environment essay

Related Questions

on Fast moving business environment

What is a fast-paced work environment?

A fast-paced work environment has very little slack or down time; instead, employees and teams are expected to generate constant productivity. "Fast-paced" is also correlates with multitasking, in which employees are asked to complete one or more disparate tasks simultaneously,

What are the pros and cons of a fast paced work environment?

In a fast-paced work environment, there is very little downtime, and employees are asked to go at full speed all day long. Fast-paced work environments can feel busy or stressful, but some people thrive in such situations and find them energizing and invigorating.

What is it like to work in a slow growth company?

In a slow-growth company, people get used to the status quo. It can be hard to relinquish part of your job to a new hire, or suddenly find yourself working under a manger when you never had one before. These changes need to be handled with much more care and sensitivity than the typical start-up environment.

Is the fast-paced environment causing workplace burnout?

In many instances, the fast-paced environment has become synonymous with high performance, which can be good (read: fulfilling) or very, very bad. Let’s talk about the bad. When not properly defined and managed, a high-performance environment can lead to high stress. Over time, high stress can cause workplace burnout.

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