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Global and economic pressures force organizations to become more cost efficient, as it has most recently in our own unstable economy. The economy is basically a giant domino effect. For example, the U.S. housing market is in a huge slump, so real estate developers have trouble paying their bills to their advertising agency, who in turn, must lay off one of their employees...

The economy is basically a giant domino effect. For example, the U.S. housing market is in a huge slump, so real estate developers have trouble paying their bills to their advertising agency, who in turn, must lay off one of their employees.

The first internal force facing managers’ is redefining an organization’s strategy...

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