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Ambidextrous Strategy
Strategies of enterprises evolve with the development of strategic management theory and new concepts, models, and outlooks that emerge with it. The concept of ambidexterity is a relatively new approach to business development strategies, which involves simultaneous exploration and exploitation activities to ensure the success of the company and a relatively sustainable competitive advantage. This begs the question as to whether the ambidextrous strategy is the right choice for all enterprises, and if not, what determines its choice. This book identifies and systematizes antecedents for choosing ambidextrous strategy, including factors related to the uncertainty of the environment, its dynam...
Contemporary Challenges in Cooperation and Coopetition in the Age of Industry 4.0
This proceedings volume provides a fresh perspective on current challenges in cooperation and coopetition in the age of Industry 4.0. Featuring selected papers from the 10th Conference on Management of Organizations’ Development (MOD) held in Zamek Gniew, Poland, this volume extends the knowledge of cooperation and coopetition, presents analytic tools used in the research, considers the potential impact of Industry 4.0 on collaboration, and provides recommendations for managerial practice. Interorganizational relations have been a relevant topic in the management sciences in recent years. Globalization, social, cultural, and technological progress are among the factors shaping the environment for collaboration, determining the conditions for development and defining a set of new challenges that managers have to face in today's knowledge-based economy. This book, therefore, explores emerging problems of organizational development in the light of the needs and challenges of Industry 4.0. Combining the latest theory and practice, the volume provides a realistic outlook on the network economy and interdependencies both within and between sectors.
Quantitative Research in Economics and Management Sciences
In this thematic issue of the Journal of Entrepreneurship, Management and Innovation, entitled Qualitative Research in Economics and Management Sciences, the authors used many quantitative methods and research models, e.g. SEM, PLS-SEM, or probit models (Table 1). Each of these approaches is characterized by methodological rigor and an assessment of the reliability and validity of the research instruments used. Pini and Tchorek (2022) analyze the determinants of exports in two European, culturally related countries, such as Italy and Poland, using an econometric and probit model, which implies a normal distribution of errors and is adapted to binary responses (excluding size and age variable...
Organizational Change and Relational Resources
Transitioning organizations to the new normal following environmental shocks, economic upheavals and technological innovations is a challenge to classic organizational management, because no single organization knows with precision what the target of change is. Resources created and operated in relationships can support the organization in overcoming its constraints, changing faster, and adapting better. This book takes a relational perspective on how organizations adjust and adapt to their turbulent environment. Drawing from a broad literature and empirical studies, this book offers novel insights into how businesses create, grow, and manage relationships with partners to support strategic ...
Influence of Socio-Economic Environment on the Development of Small and Medium-Sized Enterprises
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Strategic Management and Sustainability Transitions
The subject of sustainability transitions has, in the past decade or so, become an established research field for academics, policy makers and practitioners alike. Conceptual and theoretical developments in the filed have gradually advanced from the perspectives of socio-technical systems and business models. Scholars contend that it is the interactions of the networks of actors, technologies, and institutions that drive transition processes toward sustainability. In this volume we further advance this line of inquiry with a special reference to strategic management of sustainability transitions, in both theory and practice. In theoretical development, we have selected three chapters to enco...
Shareholders, Strategy and Value Creation
The central task of contemporary strategic management is to look for sources of value and to achieve above- average firm performance. The effective implementation of a value creation strategy requires a comprehensive approach, including the creation of a systemic management structure aimed at increasing company value. The concept of value- based management involves consciously inspiring, undertaking, and implementing value- oriented actions. Value creation takes place at all levels of management and in all organisational units of the company; therefore, the implementation of all management functions should be assigned to this goal. Thus, the role of managers is gaining importance, especially...
Competitive Advantage, Strategy and Innovation in Africa
The competitiveness of companies plays an important role in developing their effectiveness. But technology provides a strong competitive advantage to the companies and helps in achieving the sustainable development. This edited collection discusses various methods by which a firm can create a competitive advantage in a dynamic situation. The book highlights the strategies in global decisions related to changing business models and processes in the innovation era. The contributions by authors take readers through emerging trends in innovation that can support managers in making more strategic decisions, while reducing reconciliation and report preparation. In a hyper-competitive environment, ...
Strategic Management During a Pandemic
The COVID-19 pandemic changed world dynamics, working scenarios, as well as professional and emotional dimensions. The virus has emerged as a significant threat for the continuity of business. Keeping the gravity of the problem in mind, companies must understand the need for change and must now update their strategy to account for pandemics. The next pandemic may be more severe than the current one, meaning that organizations need to devise mechanisms and business models to fight with these situations and maintain business continuity. They should not only look forward to saving plants, machinery and infrastructure, but also concentrate on employee welfare, customer engagement and satisfactio...
Business Strategy and Competitive Advantage
Michael Porter is recognized as one of the top authorities on corporate strategy and business competition. The historical review of strategic management clearly shows that Porter’s research has bridged up two general paradigms (before and after the 1980s) thus helping both researchers and practitioners to better understand unanticipated global changes. His two generic strategies: costs and diversification, the two interdependent strategic options, are key in the context of the competitiveness of orthodox microeconomic theory. This is where Porter went further, constructing a popular value chain concept that provides the ability to disaggregate the key activities of business process in crea...
