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The Balanced Scorecard (BSC) is supposed to translate strategy into action. Strategy Maps support this by showing cause-and-effect chains. But what does this mean for strategy execution in practice? To achieve better BSC implementations, I uncover pitfalls and name the remedies. I summarize the...
Persistent link: https://www.econbiz.de/10014136256
The strategic planning serves a variety of purposes in organizations, and it can be properly considered vital for the competitive and also rapidly shifting atmosphere and because of innovation in a scope of paradigm. The word "strategy" is conceptually neutral and carries a high potential to be...
Persistent link: https://www.econbiz.de/10014136320
Strategy is about making decisions -- decisions such as which industry to enter, how to position the firm and its products, which resources to develop or to buy, who to hire, and which organizational structure to use. It is no surprise, then, that much research within the strategy field has...
Persistent link: https://www.econbiz.de/10014137115
Proponents of the Balanced Scorecard (BSC) emphasize that the BSC translates strategy into action, but that Strategy Maps are a crucial mean to sustainable change. This literature review investigates how Strategy Maps are linked to strategic and organizational change. We aim at a better...
Persistent link: https://www.econbiz.de/10014138383
There is a growing need for the integration of environmental management into Human Resource Management (HRM) practices; such effort is known as Green HRM initiatives. Green HRM means using every employee interface in such a manner in order to promote and maintain sustainable business practices...
Persistent link: https://www.econbiz.de/10014149688
Research topic of study is to discuss system approach in strategic HRM. It assumes system approaches as core of HR strategy. This study presumes that task performance is key to human resource management. Technical field knowledge increases task performance. Society for Human Resources...
Persistent link: https://www.econbiz.de/10014122682
This research contributes by filling the knowledge gab on how corporate culture and top down management communication style play a role in strategic goal implementation. Within this study, top down management style and corporate culture variables are correlated as synonymous of the other. This...
Persistent link: https://www.econbiz.de/10014127675
The essence of strategy is to make controversial choices; this is the only way to gain a competitive advantage. Both strategy development and execution require making difficult choices and trade-offs often in the context of much uncertainty. Smart managers are bound to have opposing views given...
Persistent link: https://www.econbiz.de/10014058397
For too long, most people who run companies have made a variety of unwarranted but detrimental assumptions about pricing. Changing prices, for example, has been looked upon as an easy, quick and reversible process, and new technologies have only reinforced that way of thinking. Similarly,...
Persistent link: https://www.econbiz.de/10014031093
The impact of management buy-outs (MBO) on strategy and managementcontrol systems (MCS) is little understood. Previous research by Jones(1992) focused on efficiency-enhancing buy-outs that were a feature ofthe early development of the market. However, MBOs are heterogeneousand more recent...
Persistent link: https://www.econbiz.de/10014031434