摘要:

AbstractCases were profiled to identify tactics used by strategic managers to implement strategy and to determine which tactic was the most effective in promoting adoption. Analysis revealed that four archetype tactics were used almost exclusively. An ‘interventionist’ approach had the best results but was used in only one case in five. ‘Persuasion’ and ‘participation’ were next most effective tactics, and ‘edicts’ the least effective. The implications of these findings for strategic management practice and the needs for further researc

ISSN:0143-2095    

DOI:10.1002/smj.4250080102

出版商:John Wiley&Sons, Ltd.    

年代:1987

数据来源: WILEY

摘要:

AbstractAmong the important elements of a company's strategic plan is its decision about the degree of financial leverage it elects to imbed in its capital structure. A simple operational framework that can assist in framing that decision, which concentrates on the likelihood of being unable to meet fixed financial charges, is presented. The model is tested empirically, and support for its potential usefulness in the financial planning process is found.

ISSN:0143-2095    

DOI:10.1002/smj.4250080103

出版商:John Wiley&Sons, Ltd.    

年代:1987

数据来源: WILEY

摘要:

AbstractWhile product diversity has primarily attracted strategic management scholars, this paper examines the performance of corporate international diversification from a market point of view. The results indicate that in a highly industrialized, but relatively small, West German market, companies going abroad create shareholder wealth.

ISSN:0143-2095    

DOI:10.1002/smj.4250080104

出版商:John Wiley&Sons, Ltd.    

年代:1987

数据来源: WILEY

摘要:

AbstractAcquisition literature suggests a relationship between stockholder gains and the relatedness of merging firms. This notion is tested by classifying mergers into four relatedness categories and by using measures of stockholder value as developed in the literature on capital markets. In all, stock returns of 439 acquiring firms in 1031 large mergers are examined, as are stock returns of 340 large acquired firms. The findings show that mergers lead to permanent gains in stockholder value for both acquiring and acquired firms' stockholders, but they do not support the popular prescription: ‘All things being equal, some product and market relatedness is better than none

ISSN:0143-2095    

DOI:10.1002/smj.4250080105

出版商:John Wiley&Sons, Ltd.    

年代:1987

数据来源: WILEY

摘要:

AbstractAn attempt is made to relate several common dimensions of business‐level strategy to their organizational contexts. A model is developed that predicts the structural and environmental correlates of a strategy on the basis of the number and uncertainty of its contingencies. It is shown that strategies of complex product innovation, marketing differentiation, market breadth and conservative cost control each have pronounced but very different relationships with bureaucratic and organic structural devices of uncertainty reduction, differentiation and integration, and with environmental dynamism, heterogeneity and hostilit

ISSN:0143-2095    

DOI:10.1002/smj.4250080106

出版商:John Wiley&Sons, Ltd.    

年代:1987

数据来源: WILEY

摘要:

AbstractThis paper examines the rigor and usefulness of research programs in strategic management. Using a facet analysis technique, 23 research programs are examined on eight criteria reflecting their relative rigor and usefulness. Results show that this field has emphasized the practical usefulness of research results. Some research that is rigorous and has practical usefulness also exists in the field. Suggestions for generating more such research are discussed.

ISSN:0143-2095    

DOI:10.1002/smj.4250080107

出版商:John Wiley&Sons, Ltd.    

年代:1987

数据来源: WILEY

摘要:

AbstractMichael Porter has formulated a set of generic strategies and addressed them to academicians in the fields of economics and strategic management and to top managers of businesses. This article suggests several refinements to his ideas which may further enhance their value to academicians and practitioners.

ISSN:0143-2095    

DOI:10.1002/smj.4250080108

出版商:John Wiley&Sons, Ltd.    

年代:1987

数据来源: WILEY

ISSN:0143-2095    

DOI:10.1002/smj.4250080101

出版商:John Wiley&Sons, Ltd.    

年代:1987

数据来源: WILEY