
How to Thrive in Fast-Moving Markets
HBR On Strategy
00:00
Flaws of Traditional Hierarchical Organizations in Fast-Changing Markets
The interviewee discusses the limitations of traditional hierarchical organizations in responding to rapid changes in fast-moving markets. They highlight the explosive growth and market success of companies like Alibaba, Amazon, and Tencent, which are not hierarchically driven. The chapter explores the concept of ecosystems in market-oriented companies and the importance of understanding the relationships between different elements.
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