STRATEGIC ORGANIZATIONAL MANAGEMENT UNDER CHANGING ENVIRONMENT

Introduction

The rapid, volatile and discontinuous change that has been occurring in the business environment has directly impacted on the ways through which organizations are managed. Under this changing environment, old strategies that were seen as successful and specialized lack the ability of working in the current environment, as an effect, there has been need to adopt new strategies to manage organizations. These environmental changes have also affected the accounting systems as well as the accounting function of organizations. Under these changes accountants have been forced to understand these changes to ensure that they have adapted accounting information that will address, and even foresee the changing demands of organization clients (Ansoff 1984). Based on these changes, the aim of this essay is to outline and discuss the concept of rapid, volatile, discontinuous change and its impact on the strategic management of organizations.

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