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Managing effectively in turbulent environments
Author(s) -
Waterhouse Michael F.
Publication year - 1992
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.4240010303
Subject(s) - relevance (law) , process (computing) , autonomy , comprehension , order (exchange) , process management , turbulence , control (management) , computer science , change management (itsm) , knowledge management , business , management science , marketing , political science , engineering , artificial intelligence , physics , finance , lean manufacturing , law , thermodynamics , programming language , operating system
This article is about change; it summarizes the turbulent world of today and briefly identifies its difference from that of the recent past. The author defines the state of turbulence in terms of uncertainty, autonomy and control. This continuous change is seen as requiring new fundamental concepts for comprehension and pattern recognition to recreate organizations that are more relevant to their environments. In order to achieve this relevance, the role of management needs to change. This is identified, along with some principles that are presented, for effectively managing change. The utilization of strategic planning and management is discussed as an effective means of achieving relevance and managing the process of change in turbulence environments.