In today's competitive marketplace, businesses find themselves constantly challenged to grow and evolve if they want to succeed and not be deemed old fashion or out-of-date in meeting the demands of customers.

Although change and a willingness to grow and become — for the right purpose — is a proven good strategy, any constant urge to fix one's gaze steadily toward the future while letting go of the past can prove detrimental to the organization's identity and reputation. Losing touch with one's roots, one's heritage, is a sure course for disaster. It not only fuels a dysfunctional workplace but can tear apart the very fabric of the organization's brand.

We've seen businesses pursue various tactics when faced with the reality that the organization or its corporate culture has changed to such an extent that the organization itself is no longer influenced by the values and principles that have defined its very essence from the day it was founded,

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.