Strategic management in Asia is different. Decision‐making differs from that taught in Western, and even Asian, schools of business. In the last decade, the influence of Japanese management systems on Western management practice has become evident. Though the Japanese economy is the world’s...

Traditionally the relationships between competitors in the industrial market have been based on competition. The network approach and literature about strategic alliances have provided new insights into cooperation between firms based on the value chain. The empirical findings from two...

Considers the need imposed by increased competition for manufacturers to move from a traditional, reactive service approach based on routine maintenance programmes towards a more strategic customer servicing philosophy based on strategic service management. Argues for a complete management audit...

Espouses the phrase “business strategy” and goes on to explain what the understanding of business strategy is not in a long bulleted list (20). Gives examples of what good business strategy is, citing Rosabeth Moss Kanter and Louis Gerstner (the saviour of IBM). Does not, though, agree fully...

As businesses struggle to lower cost and grow revenues, outsourcing initiatives are underway in many small, medium, and large global companies. Outsourcing strategies are considered by many as a “silver bullet” to resolve organizational problems. They have been touted as the “holy grail”...

Crises can threaten the continued existence of an organization. In today’s highly uncertain and turbulent business environment, managers must develop stronger crisis decision‐making skills. This article outlines a practical six‐step approach to improving organizational...

At most large companies today, the activities and structure of the corporate center are based on a traditional functional support model that is no longer appropriate for maximizing the value of the company. In the modern corporation, thought should be given to organizing the center not around...

Purpose – To demonstrate a step‐by‐step model of strategy mapping for improving strategy communication in today's organization. The work is based on experience gained while consulting in a myriad of organizations adopting strategy mapping as a strategic initiative....

Purpose – To provide a practical overview of strategic thinking concepts and practices for marketing and other managers that can help them improve their strategy making. Design/methodology/approach – The raw materials of strategic thinking are illustrated by case studies and examples from a...

Purpose – To streamline the process of opportunity recognition and make it more effective by clarifying the meaning of opportunity and making its elements explicit. Design/methodology/approach – Clarifying opportunity is effected by providing a model and illustrating its effectiveness...