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Question: "In the prevailing context of business world wide, the organizations are faced with five critical challenges viz;
Profitability through growth,
Intellectual capital and Change, and
Change and more change,
Collectively these challenges require building new capabilities.’%
Elaborate this statement and discuss the underlying concepts with respect to the organisational efforts in the directions of addressing these challenges and their fall out / impact, from the experience you have had while working in an organisation or from the ones you are familiar with. Give relevant details of the organisation/s you are referring to.
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