When company performance declines, the structure is then adjusted. Is this any different than the ideas behind changing up the strategy?
What are your thoughts on how important the Blue Ocean Strategy can be for organizations? At what point do you think it would be appropriate for an organization to try this theory?
Companies that truly are flexible will create their structure and strategies with the potential of being flexible when needed. Changes in the environment are hard to predict, so remaining flexible equates to being innovative as well as competitive. What kind of changes in the environment would create the need to change a strategy?