Abstracts - faqs.org

Abstracts

Business

Search abstracts:
Abstracts » Business

Competing in the new economy: managing out of bounds

Article Abstract:

Traditional management practices and philosophies are becoming obsolete. As business enters the information age, old management styles and tenets, which used to be relevant under the machine age, are becoming useless. However, new management practices have not been invented for the information age. In light of this, businesses should confine themselves to asking pertinent questions, the answers to which can lead to the identification of correct management solutions. These businesses should take into consideration several developments in the environment. These include the changing boundaries of authority, the blurring boundaries of control, the evolving boundaries of loyalty and affiliation, the fading boundaries of experience, the irrelevance of national boundaries, the shifting boundaries between the physical and the intellectual, and the changing boundaries between the present and the future.

Author: Prahalad, C.K., Hamel, Gary
Publisher: John Wiley & Sons, Inc.
Publication Name: Strategic Management Journal
Subject: Business
ISSN: 0143-2095
Year: 1996
Business, Evaluation, Management

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Implementing global strategies: the role of procedural justice

Article Abstract:

The role of procedural justice in the implementation of international strategies was investigated. The data were collected through mail surveys of top managers in 19 subsidiaries of multinational corporations who had a direct involvement with the head office in the process of developing strategies. The results indicated that the procedural justice of the international strategy development process can help multinational firms mobilize their international networks of subsidiaries. Procedural justice affected the commitment, trust, social harmony, and outcome satisfaction of top managers.

Author: Kim, W. Chan, Mauborgne, Renee A.
Publisher: John Wiley & Sons, Inc.
Publication Name: Strategic Management Journal
Subject: Business
ISSN: 0143-2095
Year: 1991
Planning, Usage, International aspects, Subsidiary corporations, Subsidiaries, International business enterprises, Multinational corporations, Justice, Strategic planning (Business)

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Similar abstracts:
  • Abstracts: A taxonomy of business-level strategies in global industries. Country capabilities and the permeability of borders
  • Abstracts: Dynamic capabilities and strategic management. Towards a dynamic theory of strategy
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2025 Advameg, Inc.