Philips faced the challenge of potential crippling losses


1. What do you think about a person bringing about change to a culture at work, or how a manager may structure change.

2. insolvency and merger are two conditions wherein change will be impossible. Aren't they good opportunities for change? For example, Philips faced the challenge of potential 'crippling losses' as narrated by Strebel (1996) but change was still made possible by its CEO. What do you think?

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Business Management: Philips faced the challenge of potential crippling losses
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