As Waterman has noted: In today’s business environment, more than in any preceding era, the only constant is change. Successful organizations effectively manage change, continuously adapting their bureaucracies, strategies, systems, products, and cultures to survive the shocks and prosper from the forces that decimate the competition.

Fred David
About This Quote

The quote, "As Waterman has noted: In today's business environment, more than in any preceding era, the only constant is change. Successful organizations effectively manage change, continuously adapting their bureaucracies, strategies, systems, products, and cultures to survive the shocks and prosper from the forces that decimate the competition," is an interesting one. It is worth pondering why this quote was chosen. What did it mean when it was written? What kind of organization was it written about? How did they adapt to survive? What kind of organizations would do well to follow this example?

Source: Strategic Management:concepts And Cases, Global Edition

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More Quotes By Fred David
  1. As Waterman has noted: In today’s business environment, more than in any preceding era, the only constant is change. Successful organizations effectively manage change, continuously adapting their bureaucracies, strategies, systems, products, and cultures to survive the shocks and prosper from the forces that decimate the...

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