The rise of modern corporations has been accompanied by an expansion of salaried executives who have replaced owner-managers. With this expansion, the new class of managers/executives came to regard themselves as stewards of large and complex corporations, and not principally or exclusively as...

This article makes a review of theoretical concepts and theories about culture in international business, since they are topics that can not be treated in isolation for the Colombian businessmen, and much less as independent topics. They are concomitant and interdependent elements. The...

The use of resource-based theory (RBT) in marketing research has increased by more than 500% in the past decade, which suggests its importance as a framework for explaining and predicting competitive advantages and performance outcomes. This article provides a comprehensive review of RBT,...

I explore the relationship in partnering strategy [exploration – based on weak ties vs. exploitation – based on strong ties], national culture and and firms’ organizational model in the context of global ICT Industry. In the highly uncertain global environment, partnering is the one of the...

Over the past year or so, a conventional wisdom has developed about the status of the legal job market. This conventional wisdom has at least three components: (1) Recent graduates are getting law jobs at distressingly low levels. (2) The legal job market is undergoing a profound structural...

Contemporary strategic management faces a challenge that has not occurred – on such a scale in the field of management. What we have in mind here is competent coping on an unprecedented scale of turbulence, unpredictability, dynamics, and complexity of the development conditions, under which...

Utilitarianism arguably provides the philosophical justification for suboptimal management theory. We provide a historical perspective on the development of management theory from its utilitarian basis, and highlight the missing conceptual link between management theory and human dignity. We...

We introduce synthetic control analysis to management research. This recently developed statistical methodology overcomes challenges to causal inference in contexts constrained by small samples or few occurrences of the phenomenon of interest. Synthetic control constructs a replica of a focal...

It is a truth universally acknowledged, that a media company in possession of a good fortune (an audience, brand recognition and decent revenues), must (still) be in want of innovation.The pace of change in our industry means that even the biggest, most successful, companies need to continually...

The current article presents and justifies the wise use of natural analogies in teaching Firm culture at the Universities and in consulting activities in organizations, associated with necessary study of an existing firm culture, before undertaking change management initiatives that are intended...