Question

During a shift in an environment, general management capability becomes critical to organizational success. Why?

Answer 1

Shift in Environment / change is widespread today, as companies strive to adjust or risk a downturn in a competitive economic and political world's unpredictable environments. The other influential factors in such ecosystems – competitiveness, technical advances, expertise, and demographics, to name a few – form the organizational adaptation cycle. This can result in organisations changing direction, adjusting priorities, reforming positions and obligations, and creating new ways. It may be argued that adaptation measures such as these fell under the general rubric of renovation. Probably the most important environmental transition for multinational organisations has been the drastic move from an agricultural to an digital system in the developing world. Industries invested more resources on computer and networking devices for the first time in 1991, than on combined manufacturing, mine, agricultural, and building machinery. Around half of the staff in the developing world were interested in producing products in the 1960s; by the year 2000, it is projected that no developed nation would have more than one-eighth of its population in the conventional positions of manufacturing and shipping goods. Yet that is just the clearest of the redefining patterns.