Strategy process as formation and realization of corporate goals: The synthesis of surveys in Russian firms

Based on a series of corporate surveys, the paper reveals the peculiarities of strategy processes in Russian companies. The data suggests that the fragile balance of power between the top management and the dominant owners leads to establishing of sets of hardly combined goals. The necessary partial implementation of such sets leads to low confidence in the actions to be undertaken, low persistence in realization of business projects, permanent readiness to withdraw resources from the existing projects for their redirection into non–core assets.