Employee Complacency and Corporate Demise
Employee Complacency and Corporate Demise
Author(s): Gary OsterSubject(s): Supranational / Global Economy, Business Economy / Management, Labor relations
Published by: EDITURA ASE
Keywords: corporate demise; corporate strategies; complacency;
Summary/Abstract: A significant problem afflicting many historically successful corporations is employee disengagement caused by complacency. Complacency is the self-satisfaction with the status quo that provides employees with feelings of quiet pleasure, security, and ease. It severely constrains life-giving corporate innovation and change, which are crucial to enterprise success in the volatile modern global economy. Complacency may lead to corporate dissolution if not intentionally reversed. This paper provides leaders with potential strategic changes that can combat complacency and promote actions necessary for positive strategic innovation.
Journal: Revista de Management Comparat Internațional
- Issue Year: 20/2019
- Issue No: 2
- Page Range: 122-130
- Page Count: 9
- Language: English