Search results for "strategic management"
showing 10 items of 120 documents
Innovative IC framework in the non profit sector
2012
The importance of intellectual capital in the non-profit sector generates the need to measure its role in the value creation process. The purpose of the paper is to study the application of intellectual capital within the non-profit sector, by turning attention to resources such as: knowledge, experience, and skills. Organizations, which are able to increase the knowledge of their staff and transform this knowledge into skills to improve services, can easily meet users’ needs and, thereby, become competitive. This contribution proposes to study how people’s knowledge can contribute to increasing social value, which is the non–profit organization’s aim. Furthermore, the goal is to de…
Ecological tax reform?a value chain level approach
2002
This study assesses the effects of an ecological tax reform on three value chains. These case studies lead to an analysis of the business strategy options when companies face a shift in the relative prices of their production factors. The results support earlier research findings that the direct effects of an ecological tax reform on the price competitiveness of companies is on average rather small. However, the effects of the reform are shown to vary significantly between the different parts of the value chain. Copyright © 2002 John Wiley & Sons, Ltd. and ERP Environment
Learning to synthesise contradictions: an Austrian approach to bridging time concepts in the strategic theory of the firm
2012
Moving from an inquiry on the notions of time underlying strategy studies, in this paper we lay the groundwork for the elaboration of a multitemporal view of the firm. We draw on the Austrian process view in economic studies and on Nonaka's idea of synthesising capabilities to formulate a methodological framework which consents the elaboration of a multitemporal view of the resource-based firm, in which different time concepts are bridged and main actor behaviours crucial for prolonged firm success are encompassed. We then show how the multitemporal view of the firm which emerges from the deployment of the integration of the Austrian and Nonakian approaches consents the reinterpretation and…
Mission Statements in Top Higher Education Institutions—What Do They Have in Common?
2021
The present paper envisages an analysis of the main goals and future directions of action in the higher education sector at world level. In recent years higher education institutions apply professional management principles and guide their activities using business specific strategic tools. Starting from the fact that higher education institutions can learn from the best, the purpose of the paper is to analyze the main directions included in the mission statements of the top 150 higher education institutions at world level, according to rankings. The two main objectives of the analysis are: (a) to identify the main directions included in the mission statements of the best universities in th…
Changing the strategy formation process in a service cooperative
2010
PurposeThe purpose of this paper is to concern the strategic changes a firm needs to incorporate in order to deliver a complex service such as providing assistance to the socially disadvantaged. The paper seeks to analyze the development of such a process considering the ability of managers to exploit resources and foster new opportunities for the firm.Design/methodology/approachThe qualitative methodology applied is that of a case study. The organization analyzed was a service cooperative. A semi‐structured questionnaire was used to gather the information along with documents and additional information thereafter, thus facilitating the triangulation process.FindingsNon‐profit service organ…
Applying System Dynamics Modelling to Strategic Management: A Literature Review
2016
System dynamics (SD) has been proved to be a useful methodology to support both understanding and learning processes of complex systems and phenomena. Since its origin, SD has been successfully applied to many different fields of studies (e.g. climate change, physics, engineering, environmental sciences, economics, management, etc.). Among these, strategic management (SM) has a particular relevance as testified by several streams of research that originate from the combination between SD modelling and SM. The aim of this paper is to explore and discuss the theoretical and empirical development of SD in the SM field through a systematic analysis of the literature in order to highlight the ma…
Own Risk and Solvency Assessment
2015
The own risk and solvency assessment under art. 45 of the Solvency II Directive forms the subject of this chapter. Initial attention is given to clarifying the role of ORSA in the insurance supervisory regime and the principles applicable to it. Then follows a discussion of the relationship of ORSA to the risk management function as well to the other key functions under the insurance supervisory regime. In conclusion, the chapter addresses, inter alia, the documentation, the public disclosure, and the supervisory powers involved in an ORSA procedure.
Information systems and strategy design
1999
Abstract Strategic thinking forms a wide-ranking, complex area of thought. It also seems to be an extremely interesting and important field in both management practice and literature. Recently, the areas that the different functions (like accounting, marketing, production and information systems) of firm and strategic thinking have in common have been lively discussed. In this paper, the applicability of information systems thinking to strategic thinking is outlined. For that purpose, three modes of strategy-making are explicated: strategy-making as management process, as game-playing and as leadership. In each of these three modes, the strategy design phase and especially the essentials of…
Intellectual evolution of strategic management and its relationship with ethics and social responsibility
2006
The main purpose here is to present an overview of the historical development of strategic management, through a critical review of the most relevant theoretical proposals, and to consider its links to ethics and corporate social responsibilities. From the very beginning of strategic management thought attempts have been made to fuse ethical aspects such as values of senior management or social values or social expectations to strategic management. More recently the stakeholder view of the firm has permitted the introduction of ethical theories into strategic management, and the resources-based view of the firm has lead to the consideration of competences, including moral virtues. Here it i…
A strategic needs perspective on operations outsourcing and other inter-firm relationships
2013
Abstract This paper considers two issues: the formation of inter-firm relationships, and the choice of governance form. These have been widely investigated in both the strategic management and operations management fields. This paper contributes to the literature in three ways. First, we address why firms enter inter-firm relationships by hypothesizing that managers enter them to pursue three strategic needs, that is: efficiency/effectiveness, knowledge/learning, and global market access. Our first contribution evidences the relationship between the above strategic needs and a number of operational objectives that managers normally pursue in an inter-firm relationship. Second, we hypothesiz…