Method in their madness
Purpose – Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies. Design/methodology/approach – This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings – In economic theory there exists the well‐established idea “opportunity cost”, which seeks to evaluate an investment opportunity in terms of the effect of what would happen if the investment was not carried through. This could be a strategic acquisition or an investment in production capabilities costing, say, $10m, using borrowings to be paid back over five years, with payback over seven years. The question is, what would the estimated cost to the business if such an investment were not made? Practical implications – Provides strategic insights and practical thinking that have influenced some of the world's leading organizations. Originality/value – The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.
Year of publication: |
2010
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Published in: |
Strategic Direction. - Emerald Group Publishing Limited, ISSN 1758-8588, ZDB-ID 2089990-7. - Vol. 26.2010, 5, p. 19-22
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Publisher: |
Emerald Group Publishing Limited |
Subject: | Corporate strategy | Corporate social responsibility | Economic sustainability | Stakeholders |
Saved in:
Online Resource
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