Field Of Strategic Management Research Articles

Why university matters: the impact of university resources on foreign workers’ human and social capital accumulation

Over the last decade, many Asian countries have increasingly relied on the employment of foreign workers to solve domestic labor shortages. This has stimulated debate in the fields of economics and strategic management about the relationship between the recruitment of foreign workers and national and firm-level competitive advantage. However, little research has explored the effects of the host government’s industrial policy on foreign worker s’ human and social capital accumulation and the potential benefits to both firms and the host country. The current study helps fill this knowledge gap. The authors build an exogenous growth model and develop several propositions to derive a theory of accumulation of foreign workers’ human and social capital that promotes host country and firm-level competitive advantages. The current study uses data collected from a sample at the Philippine Learning Commons at the National University of Kaohsiung in Taiwan to test the propositions in an applied setting. The theoretical framework and empirical findings help broaden theories of migration and strategic management.

Strategic Management and Entrepreneurship

The aim of this article is to contribute to a better understanding of the relationship between the academic fields of entrepreneurship and strategic management, based on the bibliographical references existing in these two fields. The structure of the article synthesizes the academic works existing in the two fields, seeking to generate new knowledge. The result can be used to increase the integration of these two areas of knowledge. First, it identifies apparent relationships and then focuses more in detail on some of the most important intersections, including strategic management in small and medium-sized enterprises (SMEs) and start-ups, recognizing the central role of the entrepreneur. The content and the process of strategic management are discussed, as well as its important link to the business plan. To conclude, clues are indicated for future investigations.

Strategy tools and enterprise performance: the mediating role of competitive advantage

The conceptual framework of this study is based on the resource-based theory and model which is deemed as one of the widely accepted theories of strategic management, and one that has stimulated new research in order to validate and support its tenets. This paper is the first study to investigate the mediating role of competitive advantage in the relationship between strategic management tools and techniques and enterprise performance. Consequently, a conceptual framework has been proposed and tested empirically in a sample of 314 enterprises in the Republic of Kosova as a transitional economy. Results indicate that competitive advantage does play a mediating role between strategic management tools and techniques and enterprise performance. Accordingly, this study contributes to the field of strategic management because it establishes relationships among the use of strategic management tools and techniques, competitive advantage and enterprise performance, by stressing the mediating role of competitive advantage in the resource/capability and enterprise performance relation.

УПРАВЛІННЯ ПОТЕНЦІАЛОМ РОЗВИТКУ ПІДПРИЄМСТВА: СТРАТЕГІЧНИЙ ПІДХІД

The research reveals the strategic principles of managing the development po-tential of the enterprise. In order to achieve these goals, the company needs to opti-mize the structure of resources, create economic opportunities, apply innovative technologies and effectively use existing competencies. In order to be in a leading position in the market, the company must respond in a timely manner to all changes that constantly occur in the external environment of the company. And one of the main goals of the company is to maintain its internal environment and strengthen its image from the outside. Development potential is formed and used in accordance with the strategic goals and prospects of the enterprise. The strategic approach to the management of development potential is becoming an important factor in the development and effective functioning of enterprises in modern conditions. Thus, finding and improving concepts and approaches in the field of strategic management of enterprise development potential allow to build a rational modernization base. This allows for long-term development of the enterprise and strengthening its position in a competitive environment. The paper considers the theoretical foundations of a strategic approach to managing the structure of enterprise development potential. Scientific achievements in the theories of enterprise development potential management are analyzed. Theoretical substantiation and solution of the scientific problem of strategic management of enterprise development potential is carried out. It consists in the formation of theoretical and methodological provisions based on the developed conceptual model of enterprise development potential. The world experience of strategic management of enterprise potential and its practical application for Ukrainian enterprises is also considered. The authors proposed directions for the implementation of innovative technologies in the management of enterprise potential. This allowed to form the priorities of strategic development and adaptability of the enterprise. The proposed theoretical principles reveal the modernization prospects and conditions for the introduction of modern digital technologies in the processes of strategic management of development potential.

A method proposal to support decision-making in unstable ecosystems: application in the Brazilian eSports ecosystem case

This study investigated the term 'ecosystem' and its contribution to the strategic management field. This feature fits in with the business scenario, surrounded by uncertainties and risks. The role of the leader/orchestrator is particularly important to navigate under these circumstances. Additionally, the maturity stage mindset helps to locate the ecosystem's conditions and trends. In order to apply these principles into a practical framework, an investigation was made focusing on ecosystem boundaries. An ecosystem starts from the end user value proposition offer and it should integrate the suppliers and complementors where there is instability in the delivery flow. We argue that the leader/orchestrator moves should align with the ecosystem's maturity stage orientations. A method was tested in the eSports ecosystem and the results confirmed most of our assumptions and propositions.

A method proposal to support decision-making in unstable ecosystems: application in the Brazilian eSports ecosystem case

This study investigated the term 'ecosystem' and its contribution to the strategic management field. This feature fits in with the business scenario, surrounded by uncertainties and risks. The role of the leader/orchestrator is particularly important to navigate under these circumstances. Additionally, the maturity stage mindset helps to locate the ecosystem's conditions and trends. In order to apply these principles into a practical framework, an investigation was made focusing on ecosystem boundaries. An ecosystem starts from the end user value proposition offer and it should integrate the suppliers and complementors where there is instability in the delivery flow. We argue that the leader/orchestrator moves should align with the ecosystem's maturity stage orientations. A method was tested in the eSports ecosystem and the results confirmed most of our assumptions and propositions.

Influence of Strategic Communication on Growth of Students’ Population in Selected Private Universities in Kenya

The study sought to investigate the influence of strategic communication on the growth of students’ population in selected private universities in Kenya. The study was guided by resource-based theory. The study utilized descriptive research design. Random sampling technique was used to select research respondents. The study targeted private universities in north rift, south rift and Nyanza region of Kenya. The unit of observations was staff and students in various departments and faculties existing in the institutions. The study used purposive sampling to select research respondents. Questionnaire was the main instrument for data collection. Descriptive and inferential statistics with the aid of SPSS version 23.0 were used to analyze collected data and presented using frequency distribution tables and bar graphs. The findings indicated that if strategic communication is changed by one unit, the growth of student population will increase by a margin of 0.440. The study concludes that strategic communication plays a critical role in growing students’ population in private universities. It is also recommended that private universities should consider using professional bloggers to build the publicity of the institution. Top management of the private universities will get insight on various strategic issues with regard to student population through the recommendations of the study. Scholars in the field of strategic management will find the study useful as it will form basis of future references.

Personal, social and public resources for social conflict settlement: interdisciplinary approach

The risk of conflict interaction proceeds to invoke requests of studying conflict manifestations and the search for means for its peaceful settlement. The research subject was the category of «resource», which nature is characterized by bi-directionality: on the one hand, the category of «resource» is thought of as the subject matter of conflict interaction due to its scarcity, and on the other hand, it is as a means to enhance the human ability to handle difficult (incl. conflict) straits. The research objective was to refine a concept of the resource under the terms of interdisciplinary knowledge and its role in conflict arrangement practices. The research was conducted on the basis of theoretical analysis and methods of qualitative research (unstructured interview, questionnaire). The article argues that, the resource approach occurred relative to human adaptation processes, coping strategies and health conditions under the study of psychological phenomena. The personal resource potential of human vital activity primarily emerges full blown in the conflict. Instead, the actualization of the following levels (social and public) is of secondary importance and involves a certain level of practical skills in its using to resolve a conflict situation. The resource concept turned to be inadequately presented within the framework of conflict psychology and it could be expanded through the implication of interdisciplinary knowledge, in particular, the economics of resources and its application in the field of strategic management. This will be especially significant for organizational psychology in the context of the issues of the competitive ability development. The use of resources in a situation of interpersonal conflict is proven limited by self-preservation processes. The ability to cooperate different resources in a conflict situation is related to the practice of training relevant skills, which source point could be important people and first-hand experience. The conducted pilot study indicates the significance of applying the interdisciplinary approach as well as emphasizes the urgency of harmonizing the terminological tools in order to increase the effectiveness of creating interdisciplinary relations. Interdisciplinary research in the conflict sphere

ПРОБЛЕМИ АДАПТАЦІЇ СТРАТЕГІЙ РОЗВИТКУ КРАЇН ЄВРОПИ ДО УМОВ ФУНКЦІОНУВАННЯ БУДІВЕЛЬНОЇ ГАЛУЗІ УКРАЇНИ

Оптимізація стратегічного управління будівельної галузі через використання зарубіжного досвіду, зокрема стратегій розвитку провідних країн Європи, є важливою сферою вдосконалення. Ця сфера передбачає використання низки напрямів щодо поліпшення, які передбачають упровадження складних технологічних, економічних інновацій у досліджуваній галузі. Ефективна реалізація вказаних напрямів розвитку можлива за певних умов функціонування вітчизняного середовища (або приведення стану функціонування будівельної галузі України до необхідних характеристик). Для найбільш оптимального використання зарубіжного досвіду потрібно оцінити всі можливі проблеми, що пов’язані з адаптацією найкращих стратегій розвитку. У статті проведено аналіз проблем адаптації в Україні стратегії коопетиції (стратегії розвитку організованого інституційного багаторівневого господарства (будівельної галузі), керованого із застосуванням ринкових методів). Також установлено, що стратегія коопетиції отримала впровадження в Польщі, деяких країнах ЄС (зокрема, Латвії, частково – у Німеччині). Розглянуто основні проблемні аспекти впровадження стратегії коопетиції в сучасних умовах функціонування будівельної галузі України для кожної зі стратегічних груп.

Managing supply chain resilience to pursue business and environmental strategies

AbstractResilience has become a crucial topic in the field of strategic management as it requires companies to design resilient business models to tackle managerial and environmental disruptions of individual firms and supply chains. However, extant research still lacks deep insights into how companies design and manage supply chains according to the resilience principles. With this premise, this paper aims at conducting a state of the art review on supply chain resilience (SCR) considering 125 relevant papers collected from Scopus and Web of Science academic search engine. Starting from the results of the literature review, this study proposes a systemic framework of SCR assessment and contributes to improve the understanding of the impact of different empirically tested constructs on the development of the resilience concept. Further, the findings are summarized in several areas including barriers in developing resilience, metrics to measure the resilience performance, and effective strategies to foster the SCR. Finally, this study outlines promising future research directions for scholars and practitioners.

Conceptual Aspects of Strategic Regional Development Management

The presented study examines the conceptual aspects of strategic regional management.Aim. Based on the analysis of the theory and practice of regional management, the study aims to propose a generic concept for formulating a strategy for the development of a constituent entity of the Russian Federation.Tasks. The author analyzes theoretical approaches to strategic regional management; determines the conditions and factors that affect strategic regional management; formulates the rational principles of strategic regional management; identifies the causes of disproportions in the development of the constituent entities of the Russian Federation.Methods. This study uses systems analysis, synthesis, induction and deduction, specification and generalization, analogy and modeling.Results. A generic concept of strategic regional management is proposed, which classifies the basic system components of the external and internal environment of a constituent entity of the Russian Federation. Practical recommendations for improving the regional development strategy of are formulated. Analysis of the current state of strategic regional management practices in Russia shows that efficient work of regional authorities in the field of strategic management can compensate for a lack of resources and partially outweigh an unfavorable investment climate.Conclusions. It is advisable for administrative and territorial units to develop and implement systematic medium-term development strategies adequate to the national regional policy and based on the current and projected availability of all kinds of resources and analysis of the factors of the external (in relation to the region) and internal environment, to continuously control and verify the implementation of the said strategies according to the pre-emptively developed efficiency criteria (monitoring) with the aim to improve the living standards of the population and maintain the highly competitive status of the managed unit within the regional economy.

The more you value, the less you practice: a study on culture and managerial discretion

PurposeThe purpose of this paper is to examine cross-cultural differences in managerial discretion and the extent to which variations and interaction of cultural practices and values affect the degree of freedom in decision making that is accorded to executives. This paper offers a holistic approach to investigating culture in addition to acknowledging its paradoxical nature.Design/methodology/approachUsing a panel of prominent management consultants to rate discretion across 18 countries, the authors further develop the national-level construct of managerial discretion by empirically investigating the influence of cultural practices and values on CEOs’ discretion.FindingsThe study reveals that cultural values moderate the relationship between cultural practices and managerial discretion for three cultural dimensions: individualism, uncertainty tolerance and power distance (PD). By adopting the logic of marginal utility, the authors also show that the more a society values individualism, uncertainty tolerance and PD, the weaker the effect of their practices on managerial discretion.Originality/valueFew research has attempted to assess both cultural values and practices in relation to managerial discretion. By showing the mechanism in which culture affects the level of managerial discretion, the authors offer new theoretical insights and practical implications, overall contributing to the field of cross-cultural and strategic management. Finally, this will offer CEO’s a new perspective of leveraging culture as a tool, enhancing their decision-making capabilities in the aim of improving organizational performance.

How Value Network-Based Co-Inovation Contribute in Competitive Advantage

This study aims to develop a comprehensive integrated model which helps in explaining the impact of value chain integration’s (VCI)’s and relational capability impact on co-innovation in a network and competitive advantage. It also explores the role of value network-based co-innovation as a mediator in the relationship between supply chain integration and competitive advantage, and in the relationship between relational capabilities and competitive advantage of a housing bank sector. The study suggests that firm gains competitive advantage by utilizing value chain integration and relational capability. It is argued here that co-innovation based on value network has mediating role to create competitive advantage. The paper provides a discussion and implication on where value lies and how value is co-created in network of interdependent relationship and illustrate this by sketching a value map in network relationship and possible innovations that can be co-created in housing bank ecosystem. The study involved a single government owned bank located in different cities, therefore the results should be generalized cautiously. This paper constitutes an attempt to stimulate efforts and provide directions on the further conceptual development of value network-based co-innovation (VNBC). The newly developed measure of VNBC and CA exempt from past conceptual streams of the determinant of CA, could be used for valid measurements in future empirical studies in the field of strategic management. The paper provides a practical implications for managers to identify value and utilize new way of analyzing value-chain to create co-innovation within housing bank ecosystem. It also allows manager to practicing relational capability which gives the most impact to competitive advantage..

The good thymes for a good time

Learning outcomes This case focuses on social entrepreneurship where social externalities lie behind a commercial activity. It aims to help students understand the ins and outs of social entrepreneurship concept and justify its application or not to “The Good Thymes”. It leads to an in-depth reflection in the strategic management field but within the framework of a social enterprise. It presents a good foundation to help students applying the strategic tools to this particular context. It aims to help master’s students in the business field to explain the concept of social entrepreneurship by drawing out its elements from the case study, identify and list the components of business development and management, design "The Good Thymes" business model and list its value chain and evaluate the future orientation of a company based on its characteristics. Case overview/synopsis Young, ambitious, in love with his native village "Kfarhouna", in Southern Lebanon, Fady Aziz, a branding specialist living in the capital Beirut, proposed in January 2016, in a friendly discussion, to the priest of the monastery of Saint-Georges to rent him an agricultural land. He aims to have a reason, at the end of the week, to go up in his village with his family. Skeptical to the idea, the priest accused him of "not understanding anything about agriculture" and challenged him to propose a valuable agricultural project likely to make him change his mind. M. Fady Aziz fought to meet this challenge which will allow him not only to reinvigorate his abandoned village but also to reconnect with his origins. He obtained the right to exploit a plot of land belonging to the Monastery of St. Georges. He had the idea of planting thyme and transformed his "hobby" into the outset of a long journey where his products crossed the borders, under a purely artisanal brand: "The Good Thymes". Today, M. Aziz is facing a new challenge: Would he be able to fulfill all these orders and remain faithful to the philosophy that led him to invest in his village without impairing the natural and artisanal aspect of his thyme? Complexity academic level Master in Business. Supplementary materials Teaching notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes. Subject code CSS 11: Strategy.

Understanding the intellectual structure and evolution of Competitive Intelligence: a bibliometric analysis from 1984 to 2017

ABSTRACTCompetitive Intelligence (CI) is a relatively novel discipline that is generating a growing interest in the field of strategic management. Its novelty, approach and origin have meant that the definition of the CI entails different interpretations and utilities depending on the audience. This research develops a conceptual analysis of CI in literature by quantifying the bibliometric performance indicators, identifying the main authors, countries, journals and research areas and evaluating the intellectual structure and evolution of the discipline using SciMAT as bibliometric analysis software. The bibliometric performance analysis is focused on the citation-based impact of the scientific output, while the science mapping illustrates the evolution of the research themes that build the discipline through the use of bibliometric network analysis techniques. To this purpose, the publications related to CI from 1984 to 2017 available at Scopus have been retrieved (5,275 publications). Finally, it offers a framework to support future researches.

Exploring Strategic Role of Innovation Strategies on Performance of Investment Cooperatives in Kenya

The link between innovation strategies and organizational performance is a key issue in the field of strategic management that contributes towards the overall performance and objectives. The purpose of the study was to explore the influence of innovation strategies on performance of investment cooperatives in Kenya. The study was anchored on innovation diffusion theory. The study used descriptive research design. The target population was 40 respondents and adopted stratified sampling technique. The study purposively sampled finance managers, investment managers. Semi structured questionnaire was the main instrument of collecting primary data. Data was analyzed both quantitively and qualitatively using SPSS version 24 and Microsoft excel. The study utilized multiple regressions analysis and correlation analysis to the nature of relationships. The study findings revealed that organization has adopted mobile applications, portals, and mobile money services to facilitate the speedy delivery of services to the customers that has led to the improvement in performance. The study recommends that relationship between innovation strategies and performance of investment cooperatives in Kenya should be enhanced to improve overall performance.

Management and Control Model of Organizational Change in the Process of Monitoring of Financial Results

Organizational changes are considered as a necessary element of the organizational development process of the enterprise - the process of forming a new organizational system that ensures maximum efficiency and effectiveness in achieving organizational development goals. The development of the organization is a system of measures in the field of strategic management aimed at the implementation of targeted organizational changes that ensure the effective implementation of the strategy and the achievement of the strategic goals of the enterprise. The article presents a three-circuit descriptive model of the enterprise development management process that describes the management processes: the interaction of the enterprise with the environment, the implementation of the economic development strategy of the enterprise and organizational changes in the enterprise. Based on the development management model, the role and place of the organizational change management process and the stochastic dynamic model of this process, taking into account the characteristics of the environment of the enterprise and the intensity of the implementation of organizational changes at the enterprise, are demonstrated.

The mediating effect of teamwork on the relationship between strategic orientation and performance of Nigerian banks

PurposeThe purpose of this study is to empirically explore the mediating effect of teamwork on the relationship between strategic orientation and organizational performance.Design/methodology/approachThis study adopted a descriptive research design. A self-reported questionnaire was used to collect data from 253 bank managers representing 20 commercial banks in Nigeria. The author used SmartPLS-SEM to analyze the data collected.FindingsThe results of the structural models showed a significantly positive relationship between strategic orientation and organizational performance on the one hand and between strategic orientation and teamwork on the other. It was also found that teamwork had a significantly positive link with organizational performance. Further analysis revealed that teamwork fully mediated the relationship between strategic orientation and organizational performance.Research limitations/implicationsThis study focuses on the Nigerian banking sector. Thus, it limits the generalizability of its findings to other sectors not covered. Future researchers could extend the study to other sectors to corroborate the findings presented.Practical implicationsThe findings of this study provide some practical implications for business organizations and managers. Business organizations must be strategically positioned so that they can compete in today’s highly dynamic and competitive business environment and achieve superior performance. Likewise, business managers should make sure that all employees and sections in their organizations work cooperatively as a team by creating a collaborative climate where team spirit and teamwork thrive.Originality/valueTo the best of the author’s knowledge, this study is the first to provide empirical evidence of the mediating effect of teamwork on the relationship between strategic orientation and organizational performance. In that regard, it makes a valuable contribution to the field of strategic management and enhances the applicability and the generalizability of contingency and resource-based view theories across different environmental settings.

Strategy in Business History: Review and Future Prospects

Scholars from the intersection of business history and strategic management fields have increasingly argued for the relevance and importance of historical methods in the study of strategic manageme...

Measuring organizational capabilities to horizontal strategy implementation for conglomerates

AbstractThe horizontal strategy is recommended for the conglomerates by Porter to achieve competitive advantage. There is no established or standard way to execute a horizontal strategy. However, for the execution of a horizontal strategy in an organization, it requires advanced organizational capabilities. Therefore, the purpose of this paper is to identify how to implement horizontal strategies in conglomerate firms. In particular, we investigated the extent to which organizational capabilities or competencies were related to the implementation of a horizontal strategy in conglomerate firms. Apart from this, we considered two organizational capabilities as a management control system and leadership styles. In this study, four novel hypotheses addressing primary constructs, that is, the interactive control system, collective, participatory, and transformative, have been explored. The data for this study were drawn from a sample survey of 122 firms in India. In addition, the data were analyzed by correlation, and then multiple regression analysis followed by the results of this analysis helps to identify the influence of leadership styles and interactive control system on horizontal strategy implementation. We argue through a theoretical and statistical analysis that demonstrates that collective, participative, and transformational leadership will contribute to the success of the horizontal strategy and lent good support to our hypotheses. This study helps the company to investigate the perceived role of organizational arrangements in the implementation of a horizontal strategy in conglomerate firms. This was done in an effort to provide guidelines for the effective use of organizational capabilities as drivers of horizontal strategy implementation. The study provides two key contributions in the field of strategic management: The first explicitly identified horizontal strategies are present in conglomerate firms; the other organizational capabilities that play a significant role in the implementation of horizontal strategy.