Global Imperatives — The Accelerating Pace of Change

Daniel Pantaleo and Nirmal Pal
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Daniel Pantaleo: SAP Global Communications
Nirmal Pal: Pennsylvania State University

Chapter 1.1 in From Strategy to Execution, 2008, pp 3-28 from Springer

Abstract: 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.

Keywords: Corporate Social Responsibility; Foreign Direct Investment; Corporate Governance; Business Process; Business Model (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-71880-2_1

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DOI: 10.1007/978-3-540-71880-2_1

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