Chapter 2. Sustainable Management
It is not enough for organizations to be good at just execution or innovation or change management or sustainability. They need to be good at multiple types of performance: Speed, yes! Change, yes! Innovation, yes! Sustainability, yes! Execution, yes! Social responsibility, yes! If they are not, their very existence is threatened.
Management commentator Richard D'Aveni coined the term hypercompetitive to describe today's highly complex and challenging business environment.[11] The reality is that organizations face a global, socially connected, 24/7, environmentally conscious, and financial-performance-obsessed world, and they must be designed to perform effectively in it.
There is no single management practice ...
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