Purpose – Nanotechnology, the ability to manipulate materials on the atomic and molecular level, and thus create novel structures and materials, is at the forefront of a paradigm shift whose impact may equal or surpass that of computers and the internet. To cope with this new environment,...

Purpose – This paper critically reviews the role and function of the corporate board and finds that boards of directors that have a leadership role in corporate strategic planning go beyond merely caring for shareholder interests and take a proactive role in the success of the business. They...

Purpose – The Japanese government is promoting a move towards a variety of generic business strategies based on the Porter Prize as a way to regain global competitiveness and end their long economic recession. The purpose of this paper is to report on the current state of Japanese business...

Purpose – The purpose of this paper is to focus on the four strategy tools of positions and positioning: leader, challenger, follower and niche. It suggests that it is important for managers to understand where their business fits in the market, vis‐à‐vis the competition. Without this...

Purpose – This article seeks to distinguish between rhetorical and cognitive metaphors and argues in favor of “pushing past the fault line.”. Design/methodology/approach – Too much of strategy is locked in a toolbox approach that often makes solutions appear much easier than they are....

Purpose – It is widely acknowledged that the pace of change due to complexity in the competitive environment coupled with advances in technology and innovation is forcing management to rethink strategy formulation and implementation. The purpose of this paper is to discuss convergence in the...

Purpose – The purpose of this article is to illustrate the management policies behind the success of Swiss product‐manufacturing companies in international competition. Design/methodology/approach – The study included a few multinational corporations as well as a large number of “hidden...

Purpose – The purpose of this article is to illustrate the management policies behind the success of Swiss product‐manufacturing companies in international competition. Design/methodology/approach – The study included a few multinational corporations as well as a large number of “hidden...

Purpose – The purpose of this paper is to propose that an unprecedented revolutionary change in the structure of the US economy warrants attention to the internal structures, cultures and strategies. Consequently, it is argued that for businesses, especially large industrial establishments...

Purpose – Sometimes when business is very good, it gets in the way of actualizing a planned strategy. This knocks a company's vision way off base and keeps company personnel from ever getting back to it. This article explores how to keep doing business but not at the expense of your vision and...