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Navigating Organizational Change and Innovation
This chapter examines the intricate dynamics of organizational life cycles, focusing on the necessity for businesses to juggle legacy systems, current operations, and innovations. Using Netflix and other companies as case studies, it illustrates the challenges of transitioning towards new paradigms amidst digital disruption, particularly in industries like healthcare. The discussion highlights the critical role of timing in change management, the complex intersection of profitability and technology, and the pressing need for innovative strategies in rapidly evolving markets.