Strategic Management Perspective Research Articles

The Effect of Professional Attitude on Motivation with a Strategic Management Perspective: The Mediating Role of Trust

Employees' professional attitudes, motivation, and trust perceptions should be positive to be more successful and productive in their professions. Based on these research topics, the primary purpose of this study is to measure the effect of the trust mediation role and professional attitudes on the motivation of non-managerial employees working in the provincial units of a public institution in Ankara. The data obtained from 392 employees were analyzed using SPSS and AMOS programs, and structural equation modeling was used. As a result of the findings, it was understood that professional attitude did not have a statistically significant mediating effect on trust, and trust did not have a statistically significant mediating effect on motivation. According to the results obtained, professional attitude had a statistically significant impact on motivation. Increasing the perceptions of human capital, which is the most crucial resource of organizations, such as motivation and attitude towards work, will prevent negative situations such as leaving the organization and burnout syndrome.

AKUNTANSI MANAJEMEN STRATEGIS DALAM PERSPEKTIF REVOLUSI INDUSTRI 5.0

The Industrial Revolution has undergone several notable transformations, transitioning from the introduction of mechanization and steam power to the advent of digitalization, referred to as the Industrial Revolution 4.0. With the emergence of Industrial Revolution 5.0, or Society 5.0, emphasis has shifted towards the utilization of contemporary technologies, such as the Internet of Things (IoT), Artificial Intelligence (AI), and big data analysis, with the aim of effectively fulfilling human needs and enhancing social welfare. The overarching objective of Society 5.0 is to achieve harmonious equilibrium between economic progress and the resolution of social issues through the establishment of seamless interconnectivity between virtual and tangible realms. This study employed a qualitative methodology, specifically a scoping approach. It examines the impact of the Society 5.0 concept on the accounting perspective in strategic management, with the aim of facilitating more effective decision-making and enhancing the predictive capacity of an organization's future performance. The field of strategic management accounting, which supports the strategic management of corporations, has adapted to technological advancements. The application of digital technology in accounting enables more accurate and quality analyses, and improves the efficiency and effectiveness of the decision-making process. However, digital transformation also faces various challenges, including employee engagement, management support, and skill gaps. This research is expected to provide practical implications for industrial companies on how the Society 5.0 era changes the perspective of accounting in strategic management

Impact of boundary-spanning search on firm innovation performance: a strategic knowledge integration perspective

Purpose This study aims to explore the mechanism of boundary-spanning search on firm’s innovation performance under environmental dynamics from the perspective of strategic knowledge integration. Design/methodology/approach A survey was conducted among Chinese firm managers and R&D personnel, resulting in the collection of 315 valid samples. Hierarchical regression analysis was mainly adopted to demonstrate the hypothesized relationships, while the Sobel test and bootstrap method were used to further validate the mediating effects. Findings The results demonstrate that boundary-spanning search in different dimensions is a critical factor in the improvement of firm innovation performance (FIP). Two types of strategic knowledge integration are the main factors causing FIP and mediate the influence of boundary-spanning search on FIP. Furthermore, environmental dynamics moderate the relationship among boundary-spanning search, strategic knowledge integration and FIP. Practical implications Managers need to strengthen the boundary-spanning search for market and technical knowledge, which will promote firm innovative performance. Managers also need to implement strategic knowledge integration, which specifically includes using planned strategic knowledge integration to compensate for knowledge deficiencies, thereby achieving predetermined objectives; and using emergent strategic knowledge integration to update their understanding of internal and external environments, and to reset strategic objectives. In dynamic environments, managers should emphasize strategic knowledge management activities more. Originality/value From a strategic management perspective, this study categorizes strategic knowledge integration into planned and emergent forms. By applying the logic of knowledge acquisition, integration and creation, it explores how boundary-spanning search affects FIP through strategic knowledge integration as the intermediary and the boundary conditions of environmental dynamics. This not only provides a deeper understanding of the nature and effects of boundary-spanning research but also enhances the theory of strategic knowledge management.

Entrepreneurial Orientation in Nonprofits: A Strategic Management Perspective

Entrepreneurial Orientation in Nonprofits: A Strategic Management Perspective

Strategies for Integrated Audits to Ensure Control, Risk Management, and Ethical Practices

The purpose of this study is to examine the role of integrated audits in organizational governance and ethical practices. Through a systematic literature review, the research design entails identifying relevant academic journals, industry reports, and scholarly publications related to integrated audits, organizational governance, and audit effectiveness. The selected literature will be critically evaluated to identify key themes, trends, and theoretical frameworks, with thematic analysis used to uncover recurring patterns. The findings reveal that integrated audits play a pivotal role in fortifying organizational resilience, promoting sustainable business practices, and enhancing stakeholder trust. From a strategic management perspective, integrated audits provide valuable insights for decision-making and resource allocation, while ethically, they foster a culture of accountability and transparency. The integration of emerging technologies such as artificial intelligence and blockchain further enhances audit effectiveness. The implications of this research underscore the need for organizations to embrace integrated audits as a strategic imperative for enhancing governance, risk management, and ethical practices. This study contributes to the advancement of knowledge in the field of integrated audits and informs organizational practices in navigating the complexities of the modern business landscape.

Strategic Management Perspectives on Competition Policy in the Digital Age: A Response to Richard Arend (2023)

Strategic Management Perspectives on Competition Policy in the Digital Age: A Response to Richard Arend (2023)

Research University Program Development in Indonesian Islamic Higher Education: Strategic Management Perspective

This article aims to emphasise the contestation of higher education that was increasingly competitive, and even tending to be high disrupted competition in Indonesia by the lack of creativity in managing institutional strategies as well as in research culture. <em>This qualitative research used in-depth interview, observation and documentation supported by the interactive analytical approach which consists of condensing data, presenting data and drawing conclusions with involving 7 informants from institutional leaders, lecturers and students. This study confirmed that UII Yogyakarta with its well-managed research program strategic management design, is increasingly able to deliver quality and competitive Islamic university with distinctive institutional excellences, both at the national and international levels, such as: the development of a creative economy industry based on entrepreneurship that is globally competitive; virtual environment development for education, government, and on so on. Therefore, UII Yogyakarta has higher competitiveness at the global level which can be an good example of quality research development for Indonesian Islamic higher education.</em>

Implications of climate change for strategic management theory

PurposeThe purpose is to stimulate scholarship in the strategic management field that accounts for conditions implied by projected impacts of climate change.Design/methodology/approachFollowing conceptual logic, the article analyses how changes in the strategic environment brought about by climate change may challenge current strategic management theory. It develops avenues for theory development based on expanding the field’s scope and extending its limits of applicability.FindingsThe article highlights the extent to which the strategy field has evolved in a stable empirical context, despite its attention to dynamism and hence is less well aligned with potentially pervasive new pressures and impacts. It sets out a rationale for moving beyond symbolic environmentalism, possibilities to harness cognitive and behavioural insights, dilemmas in strategic innovation and the empirical potential of non-mainstream contexts.Practical implicationsFirms and organisations can expect widespread systemic effects from climate change that challenge established ways of operating. The article explores how strategic management could better support strategists in navigating these shifts such that firms can continue to thrive.Originality/valueThe article approaches the issue of climate change specifically from the perspective of strategic management of firms rather than as policy or social advocacy. It focuses on pressures and characteristics that distinguish climate change from other environmental and social impacts on firms.

A dynamic view of strategic innovation for sustainability: A longitudinal case study of a luxury fashion engineering company

In this article, we study how a luxury fashion engineering company strategically introduced sustainability‐oriented innovations (SOIs) over time through an in‐depth longitudinal analysis of a leading Italian business‐to‐business (B2B) firm. We apply a strategic management perspective to this first‐tier engineering manufacturer to bring new insights into how upstream firms deploy SOIs and to what effect, thus determining long‐term technological choices in the industry. We observe that such innovations evolved dynamically from the process dimension to the supply chain and, lastly, to the product dimension, thereby spanning explorational, procedural and communicational practices. We find that the company sustained significant growth over a decade while implementing its sustainability transition, thanks to three elements: a broad and wide‐ranging experimentation in all areas of the company, a continuous dynamic process of learning‐by‐doing and a commitment of the top management to prioritize new sustainable practices. The propositions developed from this case study can inform future strategic analysis and management of SOIs in other firms/industrial sectors.

Economy or premium? A systematic review of factors influencing retailers’ own product brand strategies

PurposeGrounded in strategic fit theory, this study aims to identify external and internal factors that influence retailers’ strategic choices regarding their own product brands. Furthermore, it seeks to explore the variations between different own product brand strategies in achieving both external and internal strategic fit.Design/methodology/approachThe systematic review method, incorporating a thematic analysis, was adopted, and 318 articles were included for review.FindingsThe factors that influence retailers’ strategic choices regarding their own product brands encompass a range of external macro and industrial environmental factors, along with various internal resource and capability factors. Moreover, the effects of these factors vary across different own product brand strategies.Originality/valueTo our knowledge, this is the first systematic review of research on retailers’ own product brands from a strategic management perspective, offering systematic and structured guidance for retailers.

Metaverse: Value creation and performance measurement across physical and digital world

This study provides a first conceptualization of the Metaverse from a strategic management perspective and advances performance measurement approaches for the Metaverse value creation. Specifically, the study aims to provide an in-depth analysis of Metaverse and the related implications on the value creation processes of the companies. In order to achieve this goal, we performed a detailed literature review on digital transformation, Metaverse and performance measure-ment topics. Thus, we have developed a theoretical framework useful to facilitate the implementation of successful strategies in the Metaverse and subsequent mon-itoring and evaluation of achieved results. The paper provides relevant contributions in theory and practice. From a theoreti-cal perspective, the results contribute to the strategic management and perfor-mance management literature streams, extending them to the dimension of the "digital world". From a practical perspective, the results identify new performance measurement and new indicators useful for companies and practitioners to under-stand the link between Metaverse and value creation paths. Future studies should integrate the theoretical analysis with explorative empirical investigations.

서울시 청년수당 도입에 관한 연구

The purpose of this study is to focus on the manager’s role in adopting the youth allowance in Seoul Metropolitan Government. In the process of adoption, there had been conflicts between central government and Seoul. This study tries to evaluate political management based on Mark Moore(1995)’s framework that emphasize the importance of strategic management perspective. While current studies mainly focus on the legal･institutional and social welfare aspects, this study focus on the role of public manager. According to analysis, ‘Entrepreneurial Advocacy’, Managing Policy Development’, and ‘Negotiation’ have important role in adopting youth allowance in Seoul.

Do employees and firms benefit from autonomous work practice? Curvilinear effects on collective turnover and productivity of firms

The present study focuses on the opportunity dimension of the ability–motivation–opportunity framework and explores the implications of autonomous work practice (AWP) for the collective turnover and productivity of firms. Given the trade-offs between the costs and benefits of AWP and its potential double-edged sword effects, we adopt the interdisciplinary perspective on job design (i.e. mechanistic and motivational models) as basis to theorize the curvilinear effects of AWP. We further hypothesize the interaction between AWP and work flexibility, consistent with the internal fit perspective of strategic human resource management. The current framework is validated by analyzing multisource, time-lagged data collected from 1,240 firms over a two-year period. The analysis confirms the hypothesized curvilinear effects of AWP, in which collective turnover is low only when the level of AWP is moderate. The detriment of a high level of AWP on increasing collective turnover is amplified for firms with low work flexibility. By contrast, firm productivity is high when the AWP level is either low or high, and the benefit of a high level of AWP on increasing productivity is pronounced for firms with high work flexibility.

A REVIEW OF INDONESIA'S NICKEL INDUSTRY FROM STRATEGIC MANAGEMENT PERSPECTIVE

Indonesia is a country rich in natural resources, one of which is nickel. Downstreaming is a strategic step by the Indonesian government to add value and increase the value of nickel. Downstreaming practices provide a source of competitive advantage from a strategic management perspective. The study's results show that the Indonesian government is unprepared to implement nickel downstreaming practices, which are characterized by foreign countries dominance in smelter ownership. The study's findings also reveal that the Indonesian government's managerial ability to manage the nickel industry is not yet optimal, which has an impact on nickel oversupply and declining nickel prices due to environmental damage.

DEVELOPMENT OF BUILDING INFORMATION MODELING (BIM) INNOVATION FROM A PUBLIC POLICY AND STRATEGIC MANAGEMENT PERSPECTIVE: OPPORTUNITIES FOR POLICY FORMULATION AND IMPLEMENTATION IN THE GOVERNMENT SECTOR, THAILAND

This research aims to analyze the readiness of the construction industry in Thailand for the development and formulation of Building Information Modeling (BIM) innovation from a public policy and strategic management perspective. The study examines the opportunities for policy formulation and implementation in the government sector, drawing on successful examples from developed countries, and aims to develop policy and implementation guidelines for stakeholders in the construction industry. The findings reveal that Thailand's construction industry is moderately prepared, with limitations in skilled personnel and government support. Successful adoption of BIM in developed countries shows strong government support, standardization, and continuous personnel training as key factors for success. The study’s recommendations include promoting training and skill development, enhancing government support, studying international case studies, developing support systems and tools, fostering collaboration and communication, and managing change. The adoption of BIM in the government sector can increase efficiency and improve the success of construction projects in Thailand.

ОСОБЕННОСТИ ВНЕДРЕНИЯ СТРАТЕГИЙ УПРАВЛЕНИЯ ИЗМЕНЕНИЯМИ В ИНИЦИАТИВАХ ПО ЦИФРОВОЙ ТРАНСФОРМАЦИИ ПРЕДПРИЯТИЙ С ПОЗИЦИЙ СТРАТЕГИЧЕСКОГО УПРАВЛЕНИЯ

This article examines approaches to change management for digital transformation, highlighting its importance from a strategic management perspective. The benefits it offers to business development and the barriers organizations may face when developing and implementing change management strategies for digital transformation initiatives are assessed.

Reflections on Human Resource Planning Based on Corporate Strategic Management Perspectives

Reflections on Human Resource Planning Based on Corporate Strategic Management Perspectives

Integrating creating shared value into competitive strategies: case studies of Chinese international construction companies

The concept of corporate social responsibility (CSR) has been considered as the key to tackle the dilemmas between business and society in the international construction market. However, CSR is too often placed at the peripheral rather than at the core of business. CSR has been evolved to the concept of creating shared value (CSV) with the consideration of its role to the companies’ value chain. This research aims to investigate how to integrate CSV into competitive strategies and develop CSV strategies for construction companies when operating in the international market. Chinese international construction companies are selected as the cases for this study. By using case studies with the assist of archival study, four general types of CSV strategies with regards to CSV issues are found: (1) products, (2) safety, health, and sustainable workforce, (3) local development, and (4) environmental protection. Construction companies are suggested to smartly select social and environmental issues and carefully exercise their CSV strategies to create shared value in the international market. The research gives views to international construction companies to develop CSV strategies from a strategic management perspective. It also provides valuable references to those companies which are facing similar dilemmas in the construction industry.

Dropped Out of Grace: A Case of Kingfisher Airlines

Kingfisher Airlines Ltd. was started under the chairmanship of a flamboyant industrialist, one of the biggest Indian liquor tycoons who claimed himself as the ‘King of Good Times’. The company garnered multiple accolades and achieved a growing market share in the aviation sector, presenting an attractive and innovative image. By providing passengers with exceptional comfort and an enjoyable flight experience, customer satisfaction soared. Despite its relatively short existence, the company left a notable and impactful mark on the Indian aviation industry. Losses have been reported ever since it started operating in 2005. 1 For many years, it struggled with serious financial problems that ultimately forced the company to cease operations on 20 October 2012. Due to the reputation of its Chairman and Managing Director, several private and public sector banks in India extended loans to Kingfisher Airlines. Further, the airline struggled to incur maintenance, landing, and aviation costs. The employees and pilots staged strikes due to the non-payment of their owed salaries and dues. The collapse of Kingfisher Airlines is attributed to promoters’ inordinate overconfidence stemming from their past accomplishments, tunnel vision, and a weak business strategy. The current case examines the fall of Kingfisher Airlines from the strategic management and accounting manipulation perspective. It also outlines the causes contributing to the airline’s downfall.

Linking supply chain performance with organizational strategic performance – a review and research agenda

PurposeThis article aims to comprehensively review the measurement and management of supply chain performance (SCP) and strategic performance (SP). It strives to identify integrable features regarding frameworks, measurement approaches, practices and emerging research issues in these areas to integrate SCP and SP for measuring and managing performance. It intends to develop a dynamic-integrated-performance-system by incorporating integrable aspects of SCP and SP to link these domains for organizational performance improvement.Design/methodology/approachUsing systematic-literature-review, this study analyzes 154 articles published in selected peer-reviewed international journals from 2000 to 2023 regarding SCP and SP. It assesses existing knowledge regarding research-design followed, challenging areas and imperatives in these critical business domains to investigate the prior conceptual, empirical, case study-based and literature-review-based articles.FindingsThe study identifies integrable features regarding key theoretical and measurement frameworks, critical objectives, significant measures, effective practices for measuring and managing SCP and SP and emerging research issues common to these areas. The findings help develop a dynamic-integrated-performance-system that uses the theoretical lenses of resource-based-view/dynamic-capability-theory and adopts a comprehensive framework like DBSC (system-dynamic-model with BSC perspectives). It incorporates identified integrable measures and best practices to monitor, measure, manage and improve organizational performance for sustainable competitive advantage. The article reveals that earlier studies have overlooked analyzing SCP and SP integration aspects.Research limitations/implicationsFrom the theoretical viewpoint, the present SLR is unique in three ways: first, in investigating both the measurement and management of SCP and SP holistically; second, in identifying integrative features of these two; and third, in proposing a DIPS to link SCP and SP for performance improvement. The study reveals that existing literature has focused on measuring and managing SCP and SP in isolation without attempting a comprehensive and unified approach to integrate the respective domains. The present SLR adopts a holistic approach to link SCP and SP from SCM and strategic-management perspectives. The study proposes a dynamic-integrated-performance-system to measure, manage and improve performance in a unified method.Practical implicationsThis study provides SC and strategy practitioners with an understanding of strategy-performance pathways for achieving strategic objectives and executing risk mitigation initiatives to counter disruptions. It enables SC managers to comprehend SC practices and SCP leading to dynamic SC capabilities development. Operationalizing the proposed DIPS will help firms link SCP and SP, align operational SC practices with strategic sustainability and circularity objectives and meet sustainable development goals while benefiting social and environmental stakeholders.Originality/valueAssessing relationships and identifying a unified approach integrating SCP with SP have not been addressed earlier. This study's uniqueness is finding integrable features of SCP and SP and constructing a dynamic-integrated-performance-system to link these domains for achieving strategic competitiveness.