ABSTRACT

As you are aware, the only constant in life is change and it is a constantly moving target. If change is an inevitable reality of life then we need to learn how to cope with it. According to Carlos Fallon, there are three t actics for coping with change:

I leave it to your imagination to think of the myriad examples of change in the economic and political arenas for each of these three categories. While you are at it, keep in mind that adaptability is the new competitive advantage and that it will be the next wave of management theory. A popular quote that is misattributed to Charles Darwin postulates the same: “It is not the strongest of the species that survives, nor the most intelligent, but rather the one most adaptable to change.”