Employee Complacency and Corporate Demise

Gary Oster
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Gary Oster: Regent University

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2019, vol. 20, issue 2, 122-130

Abstract: A significant problem afflicting many historically successful corporations is employee disengagement caused by complacency. Complacency is the self-satisfaction with the status quo that provides employees with feelings of quiet pleasure, security, and ease. It severely constrains life-giving corporate innovation and change, which are crucial to enterprise success in the volatile modern global economy. Complacency may lead to corporate dissolution if not intentionally reversed. This paper provides leaders with potential strategic changes that can combat complacency and promote actions necessary for positive strategic innovation.

Keywords: corporate demise; corporate strategies; complacency. (search for similar items in EconPapers)
JEL-codes: L10 L20 M10 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:20:y:2019:i:2:p:122-130

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