Journal of Economic Perspectives and Business Innovation (EPBI)
Vol. 1 No. 01 (2024): Journal of Economic Perspectives and Business Innovation

STRATEGIES TO CHANGE THE BUSINESS ENVIRONMENT

Irfan Azim (Universitas Hamzanwadi)



Article Info

Publish Date
02 Jun 2024

Abstract

Abstract This study examines various strategies to change and adapt the business environment in response to dynamic economic, technological, and social transformations. The business environment is increasingly influenced by globalization, digitalization, and intense competition, requiring organizations to implement strategic changes to remain competitive and sustainable. This research uses a descriptive and analytical approach based on a literature review and analysis of contemporary business practices. The findings reveal that effective strategies to change the business environment include organizational restructuring, the development of an innovation-driven culture, digital transformation, stakeholder engagement, and adaptive leadership. These strategies enable firms to respond proactively to market changes, enhance operational efficiency, and create long-term value. The study concludes that continuous strategic adaptation is essential for businesses to survive and grow in an ever-evolving business environment. Keywords business strategy, business environment, organizational change, innovation, digital transformation

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Journal Info

Abbrev

EPBI

Publisher

Subject

Description

Jurnal ini membahas tantangan ekonomi kontemporer, strategi organisasi, dan praktik pembangunan berkelanjutan dalam lingkungan global yang berkembang pesat. Kontribusi tersebut mencerminkan pendekatan metodologis yang beragam dan menekankan relevansi praktis, pertimbangan etis, dan implikasi ...