Explain Relevance of organizational change.
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Explain Relevance of organizational change.
Organizational change is crucial for adapting to evolving environments, remaining competitive, and fostering growth. It enables companies to respond to market dynamics, technological advancements, and shifting consumer demands. Effective organizational change improves efficiency, innovation, and employee morale. It promotes flexibility, allowing businesses to navigate uncertainties and capitalize on emerging opportunities. Embracing change fosters a culture of continuous improvement, ensuring long-term sustainability. Organizations that proactively manage and adapt to change are better positioned to thrive in dynamic landscapes, driving success and resilience in today's ever-evolving business world.