Purpose – The primary purpose of this study is to examine the relationship between knowledge management processes and a firm's ability to adapt to the external environment. Design/methodology/approach – The field survey research method was used and data were collected from 170 high...

Purpose – The purpose of this paper is to understand the process of strategy execution when strategy is changing. Design/methodology/approach – The paper presents studies of two companies – Unilever and Carillion – which appear to have found a solution to the generic problem – to...

Purpose – The thought and rationale of sustainable competitive advantage in strategy are significantly influenced by the Schumpeterian models of dynamic competition in IO and evolutionary economics. Yet, most analytical accounts of sustainable competitive advantage fail to explain how firms'...

Purpose – This paper aims to examine the impact of trust, norm of information sharing, and vertical control on relational ties in new product development (NPD) relationships. Design/methodology/approach – Survey research was conducted to collect data from 112 NPD relationships and structural...

Purpose – The purpose of this paper is to demonstrate how key strategic decisions are made in practice at successful FTSE 100 companies. Design/methodology/approach – The paper is based on a semi‐structured interview with Ms Cynthia Carroll, Chief Executive of Anglo American plc. Findings...