Organizational Strategic Navigation in a Dynamic Environment: Insights into Market Competition, Technological Change, and Policy Dynamics

Zetao Li

doi:10.54254/2754-1169/108/20241909

Research Article

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Published on 10 June 2024

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Li,Z. (2024). Organizational Strategic Navigation in a Dynamic Environment: Insights into Market Competition, Technological Change, and Policy Dynamics. Advances in Economics, Management and Political Sciences,108,98-103.

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Organizational Strategic Navigation in a Dynamic Environment: Insights into Market Competition, Technological Change, and Policy Dynamics

Zetao Li *^,1,

¹ Monsh University, Melbourne, Australia

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/108/20241909

Abstract

In today's rapidly evolving business landscape, organizations encounter a myriad of challenges that stem from intense market competition, swift technological advancements, and the intricate web of regulatory complexities. This article delves deep into the strategic approaches employed by firms to navigate these hurdles, with a special focus on essential areas such as market positioning, brand development, technological innovation, digital transformation, legal compliance, and policy adaptability. Through a detailed investigation and analysis, this study uncovers the profound effects of market dynamics, technological disruptions, and policy uncertainties on the practices of strategic management. It meticulously examines how organizations adapt to the fast-paced changes in the environment, leverage technology for competitive advantage, and ensure compliance with evolving regulations. Furthermore, the article discusses the importance of strategic flexibility and the ability to swiftly respond to market and technological shifts. By shedding light on these critical aspects, the study aims to enrich the understanding of strategic management in the modern business era, providing valuable insights for academics, practitioners, and policymakers alike. This comprehensive exploration underscores the need for an agile, forward-thinking approach in formulating strategies that can withstand the pressures of today's dynamic business environment.

Keywords

strategic management, market competition, technological change, policy dynamics, organizational strategy

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About volume

Volume title: Proceedings of the 3rd International Conference on Financial Technology and Business Analysis

Conference website: https://2024.icftba.org/

ISBN：978-1-83558-545-0(Print) / 978-1-83558-546-7(Online)

Conference date: 4 December 2024

Editor：Ursula Faura-Martínez

Series: Advances in Economics, Management and Political Sciences

Volume number: Vol.108

ISSN：2754-1169(Print) / 2754-1177(Online)

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