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The traditional approach to strategic management is an essentially rational approach. Present-day realities, however, are characterized by great uncertainty in the environment ('chaos'), making it difficult to achieve relatively stable strategic fit or organizational alignment in the longer...
Persistent link: https://www.econbiz.de/10012218401
This article addresses the question of the present-day applicability of the traditional positioning approach to strategy development as being the most appropriate basis for a winning approach. The competence-based alternative is considered to be complementary to the positioning approach....
Persistent link: https://www.econbiz.de/10012218449
This paper explores the relationship that exists between business strategy and marketing strategy and how the latter may contribute towards the development of an integrated and systemic approach to organisation-wide strategy development. It finds that the two broad streams in strategy, namely...
Persistent link: https://www.econbiz.de/10012218495
The Management Consulting Industry (MCI) is considered to be one of the most powerful forces shaping organisational strategy. However, from its major growth phase during the late 1980s into the 1990s, and until the present time, it now appears that the industry is in a mature consolidation...
Persistent link: https://www.econbiz.de/10012218520
Porter coined the term ‘value chain' in 1985. Since then the concept has found general acceptance within the strategic planning realm. In order to explain changes occurring in industries affected by increased volatility, a thesis of the deconstruction of the value chain is gaining acceptance....
Persistent link: https://www.econbiz.de/10012218540
Strategic management is concerned with the foundations of sustainable superior output performance. In this regard two divergent, but complementary research traditions exist; one is rooted in micro-economics and is commonly referred to as the ‘hard' aspects of strategy, whilst the other focuses...
Persistent link: https://www.econbiz.de/10012218577
The emergence of the networked economy implies that traditional management approaches no longer suffice in addressing the challenge of complexity. This is compounded by the existence of divergent approaches to determining organisational performance in both management practice and academia,...
Persistent link: https://www.econbiz.de/10012218617
This paper explores the transferability and application of business-driven strategic thinking to that of a public sector context, namely national mapping organisations. These organisations exist throughout the world because the economies of the world require geospatial information to support...
Persistent link: https://www.econbiz.de/10012218634