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3,488 result(s) for "strategy formation"
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From autonomous strategic behavior to emergent strategy
This study develops a model of emergent strategy formation at a large telecommunications firm. It integrates prominent traditions in strategy process research—strategy as patterned action, as iterated resource allocation and as practice—to show how emergent strategy originates as a project through autonomous strategic behavior, then subsequently becomes realized as a consequence of mobilizing wider support to provide impetus, manipulating strategic context to legitimate the project by constructing it as consonant with the prevailing concept of strategy, and altering structural context to embed it within organizational units, routines, and objectives. The study theorizes the role of \"practices of strategy articulation\" in emergent strategy formation, and explains why some autonomous strategic behavior becomes \"ephemeral\" and disappears rather than enduring to become emergent strategy.
The moderating influence of strategic orientation on the strategy formation capability-performance relationship
An effective strategy formation capability is a complex organizational resource--a dynamic capability that should lead to superior performance. Strategy scholars have examined the strategy formation capability from many perspectives. However, no study has examined a comprehensive model of strategy formation in the context of the firm's strategic orientation. We develop and examine such a model. The results show that strategic orientation moderates the relationship between different elements of the strategy formation capability and performance.
Energy efficient strategy for heterogeneous truck platooning based on a non-uniform platooning model
To investigate the energy-saving advantages of truck platoons, this study focused on two, three, and six-axle trucks as research subjects. A non-uniform platoon model of trucks was constructed based on braking performance differences. The aerodynamic characteristics of the non-uniform platoon fleet were analyzed in depth using numerical simulation methods, and the fuel consumption rate of the fleet was calculated. In a heterogeneous three-vehicle platoon, the 3-2-6 platooning approach exhibited the most effective reduction in fuel consumption, whereas the 3-6-2 platooning approach was the least effective. For a four-vehicle heterogeneous platoon comprising a three-axle truck, a six-axle truck, and two two-axle trucks, the 3-2-2-6 platooning approach yielded the best fuel efficiency. In a four-vehicle heterogeneous platoon with a two-axle truck, a six-axle truck, and two three-axle trucks, the 3-2-3-6 platooning approach proved to be the most effective in reducing fuel consumption. In a four-vehicle heterogeneous fleet composed of two-axle trucks, three-axle trucks, and two six-axle trucks, the 3-2-6-6 platooning approach achieved the best fuel efficiency. The conclusions of this study offer a fundamental scheme for truck formation, laying a crucial theoretical foundation for energy conservation and emissions reduction in transport systems.
Biases in the selection stage of bottom-up strategy formulation
We propose that the failure to adopt an idea or innovation can arise from an in-group bias among employees within an organizational subunit that leads the subunit's members to undervalue systematically ideas associated with members of the organization outside their subunit. Such biases in internal selection processes can stymie organizational adaptation and therefore depress the performance of the firm. Analyzing data on innovation proposals inside a large, multinational consumer goods firm, we find that evaluators are biased in favor of ideas submitted by individuals that work in the same division and facility as they do, particularly when they belong to small or high-status subunits.
Clarifying strategic alignment in the public procurement process
PurposeWhile the need for strategic alignment in public management has been recognized, there is a lack of conceptual clarity to support its application in practice. Focusing on the specific field of public procurement, this paper clarifies and illustrates how the concept of strategic alignment can be applied when strategizing the public procurement process.Design/methodology/approachThe current literature on strategic alignment in public procurement is critically reviewed to identify ambiguities that hamper its application in practice. Based on this review, an analytical framework is developed that conceptualizes strategic alignment as that between the procurement instruments used in a sourcing project and the corresponding higher-level strategies. The framework is empirically illustrated by applying it in a case study that reconstructs the procurement strategy for an innovation projectFindingsStrategic alignment in the public procurement process can be demonstrated by identifying, explicating and logically linking reasoning and trade-off decisions on competing priorities across multiple levels and dimensions of strategyOriginality/valueAlthough creating alignment between policy and public procurement practice is generally held to be important in the public management literature, it is only discussed on high levels of abstraction. This paper provides clarity by investigating alignment in greater detail.
Long-term orientation and corporate social responsibility in small and medium-sized enterprises: the role of strategy formation mode
Purpose This study aims to explore the effects of long-term orientation (LTO) and strategy formation mode on corporate social responsibility. While many researchers have investigated how large businesses address corporate social responsibility (CSR), there is little empirical evidence on how small- and medium-sized businesses implement CSR or what individual drivers shape this process. Design/methodology/approach The paper surveyed 282 small and medium-sized managers from the United Kingdom. The respondents were recruited using platform Prolific Academic. Findings The findings reveal that LTO is a prerequisite for developing CSR and shapes strategy formation mode. The findings also suggested that deliberate strategies are positively related to CSR. The results are consistent across different components of LTO (futurity, continuity and perseverance) and CSR types (internal and external). Originality/value The results show that all aspects of LTO are relevant for CSR in SMEs. Besides LTO, deliberate strategy formation model is an important factor contributing to CSR. The paper presents as first an empirical contribution to the strategy literature by examining positive relationship between LTO and deliberate strategy formation mode.
The Strategy for Efficiency of Using the Export-Import Potential
The purpose of the article is to study the efficiency of using the export-import potential in the current conditions of limited activity and to form the theoretical, informational and analytical support for the relevant strategy. The article briefly analyzes the current state of the economy in the country. Based on the generalization of opinions of leading scholars and practical activities of economic entities, the main characterizations of the conditions limiting their activities are presented. Formation of a strategy for the efficient use of export-import potential involves the development of information support, which be based on an appropriate system of indicators reflecting the status, use and factors influencing this potential. The analytical support for the strategy development includes an analysis of trends of changes in the values of indicators of the efficiency of the use of export and import potential, which is recommended to be carried out using descriptive statistics. In forming a strategy, it is important to determine the relationship between trends in the changes of values of indicators of efficiency of the use of export-import potential in assessing the levels of factors influencing efficiency and planning and forecasting the values of these indicators. It is recommended to add to the analytical method of determining the mechanism of interrelation of trends in the development of factors influencing the efficiency of the use of export-import potential the following stages: diagnosing trends in time series of indicators using the descriptive statistics tools, determining the relationship between the factors of influence and identifying the most significant factors using multivariate factor analysis, diagnosing the stationarity of time series, testing the hypothesis of cointegration of time series using the Engel-Granger criterion. This logic of applying mathematical tools contributes to the scientific substantiation of the strategy for the efficient use of export-import potential and the identification of new knowledge about this potential.
The use of strategy tools and frameworks by SMEs in the strategy formation process
Purpose The purpose of this study is to examine the use of tools and techniques of strategy and strategic analysis within small- and medium-sized enterprises (SMEs) as a part of the strategy formation process. Design/methodology/approach This study uses a qualitative, multiple-case-based investigation with semi-structured interviews and secondary data sources to create a context-rich insight to the area examined. Findings The findings indicate a strong orientation towards operational tools deployment aligned with financial management and resources and process planning, monitoring and control. Strategic perspectives of the respondents indicate an implicit, rather than explicit deployment of strategy tools and unstructured deployment, but general awareness of the resulting component issues. Clearer strategic approaches and strong implementation appear to positively influence success, when measured by growth. Research limitations/implications This study is limited to nine organisations within a UK geographic region, and therefore, larger-scale investigation would be beneficial to extend and confirm the findings in differing contexts. Practical implications With resource scarcity potentially stymying the opportunity for owner-managers to develop more structured approaches to strategic analysis and development, consideration should be given to how owner-managers can further develop their strategic thinking to support enhanced strategic outcomes for their organisations. Furthermore, strategy educationalists may wish to reflect upon the manner in which they prepare delegates for strategic roles, where the SME context may differ radically from corporate experience. Originality/value The methodology for this study differs substantially from previous investigations within the field, which has had relatively few contributions, as it uses in-depth, context-rich qualitative techniques to investigate the micro-processes at play. The conclusions capture new insights and indications and identify areas for further investigation, hence adding to the understanding of a complex and heterogeneous field.
Strategy Conduct in Strategy-as-Practice: A Look into the Social Interactions Inside an Advisory Board
Researching social interactions within advisory boards, our study focuses on a family-holding company’s strategy formation process. Applying Strategy-as-Practice (S-as-P) within a Structurationist perspective, we analyzed practitioners’ strategic conduct. Through 1 year of non-participation observation, interviews and document analysis, we uncovered complex social dynamics and paradoxical behaviors, emphasizing structural properties influencing strategic formation. Our contribution lies in a model proposing four propositions for future S-as-P studies in advisory boards within Structuration Theory. This research sheds light on discrepancies between formal practices and actual social behaviors, enhancing transparency in corporate dynamics, which often remain obscure. Plain language summary Purpose: We research the social interaction between actors of the advisory board. We used a family holding company during the strategy formation process to explore the phenomenon. We used the theoretical lenses of Strategy-as-Practice (S-as-P) from the Structurationist perspective to analyze the strategic conduct of the social actors during the organizational structuration process. Design/methodology/approach: We performed non-participant observation, video and audio recording, in-depth interview and document content analysis to analyze 1 year of advisory board strategy formation meetings in a large family holding company. Findings: Results revealed the complexity and paradoxical social behavior (manipulation) that occurred during the practitioner’s meetings to the formation of strategies. We highlight the elements of structural properties in dimensions of practice and praxis reproduced through recursive actions of the practitioners during the social process of strategic formation. Originality: As a contribution, we present a model of four propositions that seek to direct future studies of S-as-P in advisory boards with the assumptions of Structuration Theory. Practical implications: The managerial contribution of this study was to identify and describe the gaps between the formal practices of organizational actors and their real social behavior during the structuration of the organizational process to make corporate dynamics clearer and more transparent since they often still appear obscure.
Positioning Bio-Based Energy Systems in a Hypercomplex Decision Space—A Case Study
The optimization of the energy portfolio for a small, open, landlocked economy with rather limited fossil resources is a complex task because it must find a long-range, sustainable balance between the various goals of society under the constant pressure of different interest groups. The opinions of independent, informed experts could be an essential input in the decision-making process. The goal of this research was to determine the relative importance of the values and goals potentially accompanying projects, based on the utilization of bioenergy. The current research is based on a wide-ranging survey of 65 non-partisan experts, applying the Pareto analytic hierarchy process to ensure the unbiased prioritization of project segments. The results of the survey put a spotlight on the importance of the economic role of bioenergy projects. Contrary to previous expectations and considerations, the social functions of these projects have hitherto been given relatively little importance. The results highlight the importance of bioenergy in increasing the income-generating capacity of agricultural producers by optimal utilization of natural resources for agricultural production. This can be achieved without considerable deterioration of the natural environment. Modern agricultural production is characterized by high levels of mechanization and automatization. Under these conditions, the social role of bioenergy projects (job creation) is rather limited.