STRATEGIC ORGANIZATION MANAGEMENT

Rapid, volatile and discontinuous change affects the manner through which organizations is managed (Feurer & Chaharbaghi 1995). This is based on the fact that old management strategies that were based on traditional management theory are no longer effective in the current changing business environment, which in turn calls for new organization management strategies. The changes have also called for new accounting systems that understand rapid, volatile and discontinuous changes. This is essential new accounting information is required to address and predict the changing demands of the company’s clients (Ansoff 1984). Based on the changes resulting from rapid, volatile and discontinuous changes, this paper aims at outlining the concept of rapid, volatile, discontinuous change and its impact on the strategic management of organizations.

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