The design and implementation of new strategic management initiatives, such as reengineering, have been common since the publication of Hammer and Champy’s (1993) popular book on reengineering. In the process of designing and implementing these new initiatives, however, managers have virtually...

Purpose – The purpose of this paper is to explain three frameworks that can be used to aid strategic decision making and the implementation of strategies. Design/methodology/approach – Dissatisfaction with existing approaches to strategic management, e.g. Michael Porter's models and SWOT...

Purpose – Attempts to benchmark corporate governance practices have focused primarily on developed capital markets, whereas cross‐country comparisons remain difficult for emerging markets. Given the growing importance of emerging markets as an asset class, this paper attempts to shed some...

Purpose – The purpose of this paper is to develop an outsourcing matrix and explains how outsourcing can be used to facilitate strategic innovation. Design/methodology/approach – The methodology used in this study is of an explanatory case study. This paper uses secondary data as well as...

Purpose – Clusters and networks have become cornerstones of regional development efforts. This paper discusses the ability of regional strategic networks (RSN) to bring about cluster effects and how structural factors will affect performance of RSNs. Design/methodology/approach – The paper...

The study of top management teams, which began with confidence, optimism, and promise, has been plagued by criticisms arising from mixed or weak findings and poor explanatory power of firm outcomes vis‐à‐vis other variables. This paper argues that the disputed phenomenon of top management...

The discipline of marketing draws heavily on viewpoints, concepts and methodologies which originate outside its field of study. As a relatively mature discipline it is now not only in the position to contribute to the development of emerging areas of study, but it can also gain from the new...

Purpose – This paper aims to argue that utilising foresight becomes a more useful tool to organisational management, if the innovative technique of “creative competition” is applied. In an empirical analysis, it seeks to show how the technique of creative competition was used in a...

Increasing competition in the hospitality industry in Europe and downsizing of head‐office staff in corporate firms will require the development of new unit‐level management skills. The change needed is from an operations orientation to strategic thinking – a difficult management...