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  1. Fixedness in strategic direction: Firms often stick to existing strategies even when market conditions change.

  2. Resource rigidity: Companies fail to reallocate resources to respond to new opportunities or threats.

  3. Managerial paralysis: Decision makers exhibit a lack of urgency in making necessary changes to adapt to changes.

  4. Failure to adjust mental models: Leaders hold on to outdated assumptions and fail to see new ways of doing things.

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1y ago

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