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Global Imperatives — The Accelerating Pace of Change

In: From Strategy to Execution

Author

Listed:
  • Daniel Pantaleo

    (SAP Global Communications)

  • Nirmal Pal

    (Pennsylvania State University)

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.

Suggested Citation

  • Daniel Pantaleo & Nirmal Pal, 2008. "Global Imperatives — The Accelerating Pace of Change," Springer Books, in: Daniel Pantaleo & Nirmal Pal (ed.), From Strategy to Execution, chapter 1, pages 3-28, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-71880-2_1
    DOI: 10.1007/978-3-540-71880-2_1
    as

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