Change management how to approach to solutions
Everything is in constant change, particularly the external environment of the companies which is constantly and rapidly changing. Understand and predicting change is difficult and sometimes almost impossible. So, how do we have an effective change management? Nevertheless, being able to manage change is key. Industry/product life cycle Industry/product life cycle. Respectfully borrowed from Grant, 2018 As you recall from the corporate strategies section, the product life cycle is linked with the growth rate and sales and is key to decide when there is a need to redefine strategy. As products have life cycles, the same logic can be applied…