Purpose – Many investors view maximizing shareholder wealth as the only obvious and defensible, corporate objective function. But to contradict this view, the paper aims to consider the shortcomings of the “shareholder first” view and offer an alternative. Design/methodology/approach –...

Purpose – The astute observations of Peter Drucker – seminal management thinker, author and consultant who died in 2005–have influenced the strategic thinking of managers for decades. The author, a former colleague of Drucker's, believes that his meta‐thinking – that is, his pattern of...

Purpose – This paper aims to discuss the emergence of corporate reputational risk in terms of social media, exploring its threats to and possibilities for organizations' strategic reputation management. Design/methodology/approach – Reputation risk, the possibility of damaging one's...

Purpose – The author believes that corporate practitioners and the leaders who rely on them stand to gain from supporting a training and certification program in strategic planning and strategic management. this paper aims to address this issue. Design/methodology/approach – The author...

This article is an edited version of the author's keynote presentation at the Strategic Leadership Forum's 1999 Conference. He discusses the new dynamics of change, or the way change changes; his vision of how thinking will be organized in the future; and the new rules for succeeding in a world...

Purpose – The purpose of this paper is to examine how managers in Nepalese business organizations and non‐profit non‐government organizations understand and practice strategic management and to what extent such understanding and practices differ from those in western countries....

Purpose – The purpose of this paper is to present the 2007 Human Resource Competency Study (HRCS) from David Ulrich and his associates who gave a clear account of what HR should be doing and the skills needed for high‐achieving HR people to perform even better ( www.rbl.net ). However, what...

Purpose – The purpose of this paper is to present a conceptual framework for merging the strategic management process, the managerial decision‐making process and the six‐sigma process into a single, unified decision model. Design/methodology/approach – The methodology involves each of...

Suggests that TQM is a mystery for many Australian companies and proposes a framework that is both consistent with the objectives of TQM and applicable within the Australian culture. Argues that Australians are different and unique, so US and Japanese examples of TQM in action are not accurate...