摘要:

AbstractThis paper critically examines five rules for making successful acquisitions advocated by Peter Drucker. In an attempt to verify the rules, supporting and non‐supporting empirical evidence, opinions and arguments are reviewed. The analysis suggests that the rules are not conclusively supported by current evidence or argument. Adopting these rules does not ensure successful acquisitions and may needlessly limit managers' opportunities for successful acquisition

ISSN:0143-2095    

DOI:10.1002/smj.4250050202

出版商:John Wiley&Sons, Ltd.    

年代:1984

数据来源: WILEY

摘要:

AbstractStrategic decision‐making can be viewed as a special kind of decision‐making under uncertainty. Such decision‐making involves the activities of goal formulation, problem identification, alternatives generation, and evaluation/selection. Researchers in cognitive psychology and behavioural decision theory have identified a number of cognitive simplification processes which may affect the way decision‐makers perform these tasks. Within this paper, the research on these processes is summarized and their possible effects on strategic decision‐making are discussed. Implications for future research in this area are a

ISSN:0143-2095    

DOI:10.1002/smj.4250050203

出版商:John Wiley&Sons, Ltd.    

年代:1984

数据来源: WILEY

摘要:

AbstractSubjective judgements by planners and managers are a major component in the process of strategic planning. If such judgements are faulty, efforts at better strategic plans are likely to be misdirected. This paper discusses those biases which appear common to both managers and planners when they make judgements about risk. Implications of biased judgement are discussed in a planning context. Although we still do not know the best ways to elicit judgements, the paper concludes with a discussion of subjective sensitivity analysis which appears to offer some hope.

ISSN:0143-2095    

DOI:10.1002/smj.4250050204

出版商:John Wiley&Sons, Ltd.    

年代:1984

数据来源: WILEY

摘要:

AbstractThis paper examines a role for applied decision analysis in the strategic management process. It is argued that decision analysis should be regarded both as a heuristic and a ‘thinking’ algorithm for decision structuring and problem diagnosis and, in addition, as an input to the process of policy dialogue. A policy dialogue paradigm using decision analysis is outlined, in which various viewpoints are reconciled by the questioning of analyses and assumptions. This dialogue paradigm is viewed as being compatible with approaches such as strategic assumptions analysis, which have been suggested in the literature as an aid for the processes of problem finding, formulation and solut

ISSN:0143-2095    

DOI:10.1002/smj.4250050205

出版商:John Wiley&Sons, Ltd.    

年代:1984

数据来源: WILEY

摘要:

AbstractDespite the popularity of the Delphi technique little scientific literature exists to help guide the strategic planner in its proper application. In an effort to fill part of that void a comparative test was conducted using both intracompany and intercompany Delphi panels to forecast future events in the socio‐political environment of business. The intent was to determine whether the two groups produced similar or different forecasts under virtually identical test conditions. Analysis of the data showed similarities in both the forecast estimates and the degree of consensus achieved across groups. Since strong similarities were demonstrated, the intracompany panel type is recommended to strategic planners based on its unique advantage

ISSN:0143-2095    

DOI:10.1002/smj.4250050206

出版商:John Wiley&Sons, Ltd.    

年代:1984

数据来源: WILEY

摘要:

AbstractThe paper explores the usefulness of analysing firms from the resource side rather than from the product side. In analogy to entry barriers and growth‐share matrices, the concepts of resource position barrier and resource‐product matrices are suggested. These tools are then used to highlight the new strategic options which naturally emerge from the resource perspect

ISSN:0143-2095    

DOI:10.1002/smj.4250050207

出版商:John Wiley&Sons, Ltd.    

年代:1984

数据来源: WILEY

摘要:

AbstractThis paper addresses the relationship between diversification strategy and systematic risk (beta). Beta values are examined for six diversification categories, and it is found that betas for unrelated diversifiers are significantly higher than those of other firms. Possible contributions to this difference, including market power, capital structure, and capital intensity are explored.

ISSN:0143-2095    

DOI:10.1002/smj.4250050208

出版商:John Wiley&Sons, Ltd.    

年代:1984

数据来源: WILEY

ISSN:0143-2095    

DOI:10.1002/smj.4250050209

出版商:John Wiley&Sons, Ltd.    

年代:1984

数据来源: WILEY

ISSN:0143-2095    

DOI:10.1002/smj.4250050211

出版商:John Wiley&Sons, Ltd.    

年代:1984

数据来源: WILEY

ISSN:0143-2095    

DOI:10.1002/smj.4250050201

出版商:John Wiley&Sons, Ltd.    

年代:1984

数据来源: WILEY