Future success of globalised businesses

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Scholars advocate that developing global competencies is extremely important to the future success of globalised businesses. However, the Pressure from increasing competition, globalization, technological developments, and other forces has created an environment that rewards organizations that are capable of identifying trends and issues and responding quickly to them. Therefore, the element of Organization Development and Change (HRD) is a way of life for most organizations that enables them to embrace and manage change to thrive, survive, stagnate, and cease to exist.

Reference no: EM133640787

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