Professional Documents
Culture Documents
Change is the most relevant for me; while the other nine principles focus in the short term
success of the management, the change principle embrace the success of the business in the
long run . In the ever-changing world, a business organization cannot use their traditional
processes, strategies, and techniques in the business operations for a long time and expect
the business to thrive or prosper, they need to adapt successfully to a rapidly changing
business environment. In addition, any business organization should give room for the
research about their industry to be informed and prepared for any possible changes. Every
once great companies had gone mediocre and died because of their resistance to change,
and eventually outperformed by their competitors whom were not ignorant to the existing
trends. Thereby, in order for businesses to become great or maintain their greatness, they
should not stop dealing with the changing status quo demands of the market industry.