Question
Case study In today's increasingly VUCA (Volatile, Uncertain, Complex and Ambiguous) world, it is important for firms to be able to quickly and accurately adapt
Case study
In today's increasingly VUCA (Volatile, Uncertain, Complex and Ambiguous) world, it is important for firms to be able to quickly and accurately adapt to shifts in the marketplace or changes in technology. Dynamic capabilities are the routines and processes that enable companies to transform themselves and evolve with the times. By developing these capabilities that go beyond ordinary strategic capabilities, firms will be in a strong position to achieve a long-lasting competitive advantage (Mpia, 2019).
Source: https://www.batonglobal.com/post/dynamic-capabilities-the-source-of-competitive-advantage
In the context of challenges faced by your organisation within its task environment, critically examine the application of Porter's Five Forces Model to gain and maintain competitive advantage, The discussion should evaluate how organisational culture can be maintained, With reference to any TWO common forces of changes in your business environment, critically analyse the relevance of Chaos Theory in managing unplanned change for the organisations to remain competitive in the face of new entrants in the market, In the context of this statement, provide a detailed argument on fundamental characteristics of learning organisations and examine the benefits of learning organisations in relation to employee motivation and adapting to change for your organisation and Provide recommendations on strategies for managing resistance to change within your organisation. THE ANSWER MUST BE REGARDING ESKOM
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