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Employee Complacency and Corporate Demise

Author

Listed:
  • Gary OSTER

    (Regent University)

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.

Suggested Citation

  • Gary OSTER, 2019. "Employee Complacency and Corporate Demise," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 20(2), pages 122-130, March.
    • Handle: RePEc:rom:rmcimn:v:20:y:2019:i:2:p:122-130
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    File URL: https://www.rmci.ase.ro/no20vol2/02.pdf
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    More about this item

    Keywords

    corporate demise; corporate strategies; complacency.;
    All these keywords.

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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