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Very few organizations are able to sustain effectiveness over the long haul. It requires a balance between planning and adapting to changing circumstances, both of which are needed for innovation and execution. Procter and Gamble is an example of a company that has been able to change with the times.
Show Notes:
This article from the American Chemical Society documents P&G’s history and how it became a technology company.
This Harvard Business School article about P&G is a case study on strategic management.
The original Fortune 500 from 1955.
This the FREE strategic paper I wrote, Five Steps to Jump Start Congregational Change.