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Managing the Pace of Strategic Change: The Rhythm of Change as a Means of Balancing

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More than Bricks in the Wall: Organizational Perspectives for Sustainable Success

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Abstract

Managers are often confronted with the conflicting needs of implementing quick strategic changes on the one hand and ensuring stability within their firms on the other hand. If taken to an extreme level, both a high pace of change and a low pace of change can be detrimental to firm performance. This chapter suggests the rhythm of change as a means of balancing the conflicting forces of change and stability, presenting results from a longitudinal study of the European Insurance Industry between 1995 and 2004.

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Authors and Affiliations

  1. Ludwig-Maximilians-University, Munich

    Patricia Klarner

Authors
  1. Patricia Klarner
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Klarner, P. (2010). Managing the Pace of Strategic Change: The Rhythm of Change as a Means of Balancing. In: More than Bricks in the Wall: Organizational Perspectives for Sustainable Success. Gabler. https://doi.org/10.1007/978-3-8349-8945-1_5

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