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Management of Permanent Change—New Challenges and Opportunities for Change Management

In: Management of Permanent Change

Author

Listed:
  • Horst Albach

    (HHL Leipzig Graduate School of Management)

  • Heribert Meffert

    (HHL Leipzig Graduate School of Management)

  • Andreas Pinkwart

    (HHL Leipzig Graduate School of Management)

  • Ralf Reichwald

    (HHL Leipzig Graduate School of Management)

Abstract

Organizational management theory chases after practice. The theory remains rather static, and in practice managers constantly have to adapt their companies under permanent change. Joseph Schumpeter considered the “pioneers” as those companies that accelerate change and the “latecomers” as those that fight to keep pace. Schumpeter answered the question of who the pioneers are and what latecomers do for survival in permanent situations of change, calling it a process of “creative destruction”: companies develop new products in their research departments displacing old products from the market.

Suggested Citation

  • Horst Albach & Heribert Meffert & Andreas Pinkwart & Ralf Reichwald, 2015. "Management of Permanent Change—New Challenges and Opportunities for Change Management," Springer Books, in: Horst Albach & Heribert Meffert & Andreas Pinkwart & Ralf Reichwald (ed.), Management of Permanent Change, edition 127, chapter 1, pages 3-21, Springer.
    • Handle: RePEc:spr:sprchp:978-3-658-05014-6_1
    DOI: 10.1007/978-3-658-05014-6_1
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    Cited by:

    1. Antonio Miceli & Birgit Hagen & Maria Pia Riccardi & Francesco Sotti & Davide Settembre-Blundo, 2021. "Thriving, Not Just Surviving in Changing Times: How Sustainability, Agility and Digitalization Intertwine with Organizational Resilience," Sustainability, MDPI, vol. 13(4), pages 1-17, February.
    2. Filipe Martins Rodrigues & Carlos Cardeira & João M. F. Calado & Rui Melicio, 2022. "Home Energy Forecast Performance Tool for Smart Living Services Suppliers under an Energy 4.0 and CPS Framework," Energies, MDPI, vol. 15(3), pages 1-22, January.
    3. Kustanto, Andi, 2024. "Can ICT Diffusion Reduce Income Inequality for a Better Life? Evidence from Indonesian Provinces," Asian Journal of Applied Economics, Kasetsart University, Center for Applied Economics Research, vol. 31(1), January.

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