The global economy,globalization,rapid technological change,and the increasing importance of knowledge are creating the need to

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The global economy, globalization, and rapid technological change require organizations to be more agile and responsive to changes in their environment. Therefore, delegating strategic responsibilities to employees closer to the action allows for faster decision-making and more effective responses to these changes. Additionally, the increasing importance of knowledge means that those closest to the work are often the ones with the most relevant knowledge and expertise to make strategic decisions.

The Global Economy,globalization,rapid Technological Change,and the Increasing Importance of Knowledge