Understanding Change

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The book explores the pervasive nature of change in the economies of developed nations, particularly during the late twentieth century. It highlights how increased global competition and technological advancements have compelled organizations to reinvent themselves for survival. In mature sectors facing rapid consolidation, companies often resort to growth through acquisitions. The narrative delves into the impact of these changes on employees, emphasizing the pressures, job insecurity, and diminished commitment that often accompany organizational transformations.