Change have become the most important factor to consider when engage any economic operations for either businesses or countries. Many scholars have under gone research on the effect rapid changes happening currently in the world have on organizations and the overall effect on the economy of respective countries. Zoran Jovanović (2015) pointed out that, "... all business environments are in a state of ongoing change
or disequilibrium." The need for organization to embrace change and also develop new business practises that goes against the traditional way of doing business. Most scholars and research institutions like Boston Consultancy Group(BCG) are now advocating for the adoption of lean business structures that can swiftly and quickly adopt to new developments happening in the environment.
In the case of Zimbabwe most industries are in need of fresh capital to enable them to buy capital equipment that will help them to be more competitive in the global village. These can be attributed to the inability by various industrialist to reinvest in capital equipment that will assist in tackling the effects of change. For example David Whitehead was once the leading manufacturer of textile material distributing across the world. Currently the company had undergone series of challenge that led the company to fall. The issue was that the management did not see the problems that was being brought about by the changes in the world. Most companies in the countries have structures that restrict them to engage in any change pro grammes and we had taken change programs as once of event in a world with rapid developments and disruptive technologies.
There is need for organization to have agility in their structures if there are to survive and be successful in carrying out their business objectives. Gone are the days where companies had more power influencing what customers would want for them. In these modern day it have come imperative for organization to listen and research on what the customer want and to have followups upon completion of sale. These feedback have become the backbone used by other firms to improve the services and products. Some international companies have resorted in the grouping their employees in small teams so as to enable them to look into changes happening in there respective industries how to go about achieving changes that will make there organization to remain relevant.
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