TY - JOUR AU - Sanchez, Ron AB - Int. Studies o/Mgt. & Org., Vol. 27, No.2, Summer 1997, pp. 71-94. © 1997 M.E. Sharpe, Inc. 0020-8825 / 1997 $9.50 + 0.00. RON SANCHEZ Managing Organizations for Strategic Flexibility In recent years, the rapid development of major new technologies, the increasing globalization of markets, the rise of innovative new forms of organizations, and the appearance of new patterns of intense compe­ tition have created unprecedented levels of environmental change and uncertainty for organizations of all types. As organizations try to pre- . pare for futures with significant uncertainties, they are finding that many traditional management concepts that have helped to achieve organizational success in stable environments do not effectively pre­ pare organizations for an increasingly dynamic and uncertain future. In the worst cases, following traditional management emphases on opti­ mizing the efficiency of current processes may commit an organization to a narrow focus that severely limits its ability to respond to a chang­ ing environment. As an alternative approach to managing for an uncer­ tain future, new management theory and practice have begun to focus on developing an organization's strategic flexibility to respond more readily to changing technological and market opportunities. This paper draws together ideas from recent TI - Preparing for an Uncertain Future JF - International Studies of Management & Organization DO - 10.1080/00208825.1997.11656708 DA - 1997-06-01 UR - https://www.deepdyve.com/lp/taylor-francis/preparing-for-an-uncertain-future-In7F1YWaNe SP - 71 EP - 94 VL - 27 IS - 2 DP - DeepDyve ER -