STRATEGIES FOR COMPETING IN TURBULENT HIGH - VELOCITY MARKETS
High
velocity change is the striking feature of contemporary business. The central
strategy making challenge in a turbulent market environment is managing change.
Competing in turbulent high velocity industries mangers are presented with some unique
strategy for making and facing challenges. They are listed below:
- It can be Reacting to change
- It can be Anticipating change
- It can be Leading change
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