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Performance-Driven Organizational Change

The Organizational Portfolio

Performance-Driven Organizational Change by Lex Donaldson
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In this book, Lex Donaldson, one of the leading scholars in the field of organization theory, introduces a compelling theory of performance-driven organizational change, Organizational Portfolio Theory. In explaining why organizations change and also why they fail to change, the theory reconceptualizes the organization as a portfolio with a number of different causes of organizational performance varying over time. The author argues that without a performance crisis there is a good chance that necessary organizational changes will not be forthcoming, and that moreover, the adaptive change induced by the crisis creates the capacity for fresh organizational growth.

SAGE Publications; October 1998
249 pages; ISBN 9781452221427
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Title: Performance-Driven Organizational Change
Author: Lex Donaldson