In today’s world, businesses are faced with challenges like never before. The new business environment is characterized by Hypercompetition, rapid innovation, constant change, and increased globalization. How can a company effectively compete in this type of environment? The readings for this module will begin to explore some of these ideas.

Discussion Requirements:

After going over this module’s readings, develop a game plan for a company in today’s new business environment. Describe specific steps that the organization can take to improve its ability to effectively and successfully compete in this ever-changing global marketplace. Be sure to appropriately reference your recommendations.

Module reading material:

In today’s world, businesses are faced with challenges like never before. The new business environment is characterized by Hypercompetition, rapid innovation, constant change, and increased globalization. How can a company effectively compete in this type of environment? The readings for this module will begin to explore some of these ideas.

– Five rules for the new business. https://www.techrepublic.com/blog/tech-decision-maker/five-rules-for-the-new-business-environment/

– The New Dynamics of Competition. Author: Ryall, Michael D. – Harvard Business Review. Jun2013, Vol. 91 Issue 6, p80-87. 8p. 2 Black and White Photographs, 2 Diagrams.

– Coping with hypercompetition: Utilizing the new 7S’s framework. D’Aveni, Richard A. – Academy of Management Executive. Aug95, Vol. 9 Issue 3, p45-60. 13p. 2 Diagrams