Managing the Pace of Strategic Change: The Rhythm of Change as a Means of Balancing

Patricia Klarner
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Patricia Klarner: Ludwig-Maximilians-University

A chapter in More than Bricks in the Wall: Organizational Perspectives for Sustainable Success, 2010, pp 52-59 from Springer

Abstract: Abstract Managers are often confronted with the conflicting needs of implementing quick strategic changes on the one hand and ensuring stability within their firms on the other hand. If taken to an extreme level, both a high pace of change and a low pace of change can be detrimental to firm performance. This chapter suggests the rhythm of change as a means of balancing the conflicting forces of change and stability, presenting results from a longitudinal study of the European Insurance Industry between 1995 and 2004.

Keywords: Strategic change; rhythm of change; European insurance industry (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-8349-8945-1_5

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DOI: 10.1007/978-3-8349-8945-1_5

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