Conceptualizing Processes of Strategic Change. The Contribution of an Attention-Based View to Strategy Formulation

Business & Finance, Management & Leadership, Management
Cover of the book Conceptualizing Processes of Strategic Change. The Contribution of an Attention-Based View to Strategy Formulation by Florian Körner, GRIN Verlag
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Florian Körner ISBN: 9783668011595
Publisher: GRIN Verlag Publication: July 6, 2015
Imprint: GRIN Verlag Language: English
Author: Florian Körner
ISBN: 9783668011595
Publisher: GRIN Verlag
Publication: July 6, 2015
Imprint: GRIN Verlag
Language: English

Master's Thesis from the year 2015 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of Hannover (Personal und Arbeit), course: International Management, language: English, abstract: How and why do organizations change? These questions have been an enduring and central quest of management scholars and many other disciplines. To find answers concerning these questions, it is indisputable that executives need to develop strategies in order to reach their goals and successfully respond and adapt to the environment while facing 'change'. Or as Ocasio (1997) put it, 'explaining how firms behave is one of the fundamen-tal issues or questions that define the field of strategy (...) and the contribution it makes to the theory and practice of management.' When companies are faced with environmental or internal changes, some organizations start changing their strategies and others do not. Accordingly, in this paper we will view strategic change as the firm's alignment with its external environment and with internal organizational issues. Hence, the starting point for why organizations take action concerns the environment within which the company operates. Over the past decades, managers and scholars assumed that the environment needed to be assessed, observed and enacted in order to gain information, process this information and to formulate a strategy to reach future goals and push the firm's overall performance. The most popular assumptions within the strategy formulation literature are that 'the appropriateness of a firm's strategy can be defined in terms of its fit, match, or congruence with the environmental or organizational contingencies facing the firm.' Thus, the environment inhibits global competitive pressure, dynamics and uncertainty because of the current ongo-ing internationalization of firms and their willingness and need to expand and invest in emergent markets in order to survive gain profits. The ongoing revolution and upcoming research stream called Industry 4.0, which is highlighting the importance for and the influ-ence of the internet (e.g. the Internet of Things) on firms, is just one of the examples that shows how firms have to cope with and adapt to the complex environments. Since, for example, the internet improves the information gathering process concerning environmental and internal organizational issues, the actual scarce resource within the firm becomes the managers' amount of attention that they allocate to 'searching for, sorting through, and interpreting the available information.' [...]

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Master's Thesis from the year 2015 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of Hannover (Personal und Arbeit), course: International Management, language: English, abstract: How and why do organizations change? These questions have been an enduring and central quest of management scholars and many other disciplines. To find answers concerning these questions, it is indisputable that executives need to develop strategies in order to reach their goals and successfully respond and adapt to the environment while facing 'change'. Or as Ocasio (1997) put it, 'explaining how firms behave is one of the fundamen-tal issues or questions that define the field of strategy (...) and the contribution it makes to the theory and practice of management.' When companies are faced with environmental or internal changes, some organizations start changing their strategies and others do not. Accordingly, in this paper we will view strategic change as the firm's alignment with its external environment and with internal organizational issues. Hence, the starting point for why organizations take action concerns the environment within which the company operates. Over the past decades, managers and scholars assumed that the environment needed to be assessed, observed and enacted in order to gain information, process this information and to formulate a strategy to reach future goals and push the firm's overall performance. The most popular assumptions within the strategy formulation literature are that 'the appropriateness of a firm's strategy can be defined in terms of its fit, match, or congruence with the environmental or organizational contingencies facing the firm.' Thus, the environment inhibits global competitive pressure, dynamics and uncertainty because of the current ongo-ing internationalization of firms and their willingness and need to expand and invest in emergent markets in order to survive gain profits. The ongoing revolution and upcoming research stream called Industry 4.0, which is highlighting the importance for and the influ-ence of the internet (e.g. the Internet of Things) on firms, is just one of the examples that shows how firms have to cope with and adapt to the complex environments. Since, for example, the internet improves the information gathering process concerning environmental and internal organizational issues, the actual scarce resource within the firm becomes the managers' amount of attention that they allocate to 'searching for, sorting through, and interpreting the available information.' [...]

More books from GRIN Verlag

Cover of the book Geheim- und Nachrichtendienste aus dem In- und Ausland in der Kritik by Florian Körner
Cover of the book Bauschäden und energetische Sanierung by Florian Körner
Cover of the book Lernreflexion - Vergleich der Marien-Erscheinungen Lourdes (1858) und Marpingen (1876/77) by Florian Körner
Cover of the book Ubiquitous Computing - Die Vision des allgegenwärtigen Computers by Florian Körner
Cover of the book Partizipation aus ökonomischer Sicht: ein kurzer Überblick by Florian Körner
Cover of the book Alexander der Große - Feldzug, Wirkung und Intention by Florian Körner
Cover of the book Nationale Umweltbildungskonzepte. USA und Japan im Vergleich by Florian Körner
Cover of the book Das Steuerrecht der Vereinigten Staaten von Amerika by Florian Körner
Cover of the book Übungsmöglichkeiten im Anfangsunterricht by Florian Körner
Cover of the book HIV-Quoten Südafrikas im Vergleich by Florian Körner
Cover of the book Die Theodizee: einige Lösungen des Problems by Florian Körner
Cover of the book Designing an Effective Organization Structure by Florian Körner
Cover of the book Wirkungswelt des Fußballsports - sportliche Ethik vs. Allgemeine Ethik by Florian Körner
Cover of the book Ergebnisse, Tendenzen und Wertstellungen der Erfolgsmessung im Bildungscontrolling der Weiterbildung by Florian Körner
Cover of the book Warum Bamberg? - Die Bistumsgründung unter Heinrich II. und ihre Begründung by Florian Körner
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy