Although inflation has abated somewhat in the United States, its specter still looms on the horizon. Indeed, inflation is expected to remain endemic to most advanced nations in the coming years. Perhaps no industry is as affected by inflation as retailing. In order to cope, retailers need to...

Managers, consultants, and management researchers are increasingly realizing the important role of organizational culture in determining the decision‐making patterns and the long‐term success of organizations. A unique characteristic of most continuously successful organizations, according...

While mergers may be a good way to grow rapidly, can one sustain growth and performance for long periods? The answer lies in how well one integrates the business after the merger.

Corporate crises are becoming more frequent and devastating for corporations. The Bhopal disaster cost Union Carbide Corporation over half a billion dollars and forced it into a restructuring that reduced its size by one half.

Crisis‐prepared organizations employ a number of distinct and creative strategies to cope with crises: they conduct internal assassin team exercises where they attempt to destroy their organizations given their privileged inside knowledge; they attempt to think like paranoids in order to come...

Purpose – The purpose of this paper is to show that more than ever than ever, businesses need to understand the nature of different concepts of knowledge and methods for producing them. Design/methodology/approach – Utilizing the philosophy of inquiry, the extreme importance and relevance of...

A major reason that crisis management is such a heavy burden is that the conceptual “road map of reality” that we all use to make basic sense of the world has broken down. Even more basic, the assumptions underlying this road map have themselves broken down and need to be replaced by newer...

There is no more essential task, no more basic information that one could collect, that is critical to survival than the knowledge of one's underlying assumptions. Here are some assumptions about the steel and auto industries that give insight into the many underlying assumptions responsible for...