Management Mega Trends

How Industries Change
Raj Seksaria, Executive, United States, Member

This is rather theoretical view of industry change. Industries change more due to external factors such new technology, new products that surpass existing demand, legislation, or changes in consumer tastes which drive the next wave of requirements. This current article treats an internal view of industry change, which seldom if ever occurs. This would be the end result within a company due to the changing industry, and therefore, how the company would need to respond. It im inself doesnt define why the indusry changes.

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