Corporate governance denotes ‘the relationships among the participants in determining the direction and performance of corporations' (Monks and Minow, 2001). It tackles the intrinsic nature, purpose, integrity and identity of the corporation, as wells as its strategic direction, socio-economic...

Strategic Thinking Capability is a complex attribute required of each top manager in a successful firm. The lack of strategic thinking capability is immediately recognized because it plays the most important role only when firms are challenged by the need to differentiate themselves from...

Increased global competitiveness, reduced product life cycles, rapid technological advancements, and dynamic customer requirements have drastically altered the nature of competition. Researchers and entrepreneurs have different ways how to achieve competitive advantages. This article examines...

In this chapter, we dissect the differences between strategic planning and strategic thinking and suggest that traditional methods of planning no longer yield the benefits as in the past. Our analysis lays this failure on the use of a causal reasoning logic that alone no longer benefits...