Ltasks of strategic management lstrategic management is an ongoing process lwho performs the tasks of strategy lbenefits of managing strategically strategic management the art and science of formulating, implementing, and evaluating crossfunctional decisions that. Leaders viewing crises from the strategic design frame strive to resolve crises by bringing the organisa. International journal of strategic management, volume 11, number 1, 2011 95. In order to ensure these objectives, the strategic core of the. Article information, pdf download for linking merger and acquisition. Four strategies for managing change fred nickols web site. Furthermore, the field of strategic management may be the perfect framework to undertake the integration of economics and management methodologies. Linking merger and acquisition strategies to postmerger integration. Merger strategies and stockholder value lubatkin 1987 strategic. Strategic management international journal of strategic. The impact of strategic management on organisational growth and development a study of selected manufacturing firms in anambra state muogbo u. The purpose of this paper is to explore the premise that organizationally defined communities of practice can be a valuable strategic learning tool for management.
Strategic management of business performance based on. It provides a description of its birth and evolution. Department of business administration anambra state university igbariam campus nigeria abstract. The study drew on the framework of ivancevich, schweiger and power 1987 to examine the communication process used during different phases of the merger. This paper examines the communication used during a merger between two banks in the pacific northwest, u. Among examples of its application are the following. It aims to provide academic theory and management practice to researchers and managers in corporate strategy, leadership, management, organization theory, operations management, supply chain management, strategic marketing, and other areas. Academy of strategic management journal print issn. A merged companys supreme goal is to create firms value by collectivity, solidarity, unification and.
The history is filled with the examples where the strategic management of offensives and counter offensives paved the path for decisive victories. Pdf journal of management strategic human resources. The journal of strategic leadership jsl provides a forum for leadership practitioners and students of strategic leadership around the world by publishing applied articles on topics that enhance knowledge and understanding of the phenomenon of strategic leadership at all levels within a variety of industries and organizations the jsl is published in electronic. The strategic management journal seeks to publish the highest quality research with questions, evidence, and conclusions that are relevant to strategic management and engaging to strategic management scholars. It is close to both fields and both have only small efforts to formulate to come together. Journal of comprehensive research, volume 5, page 17 strategic management process strategic management process dr i. There exist many strategic management outlets with more economicquantitative perspective and. The strategic management journal seeks to publish the highest quality research with questions, evidence and conclusions that are relevant to strategic management and engaging to strategic management scholars. Strategic issues relating to corporate mergers and acquisitions for small and medium companies. An analysis of the concepts and the importance of strategic management h. Journal of management additional services and information for.
Article pdf available in journal of management 445. The discipline of strategic management is devoted to the problems of the company as a whole andrews, 1980 with the explicit goal to better understand why companies. With these parameters, the maximum total production q, corresponding to p 0, is q 20. Information technology project management processes and. This is the carrot side of carrotandstick management.
This article explores the last cause in detail and provides an empirical investigation of how 80 firms affiliated with the human resource planning society. An increasing number of corporations in europe, south africa, australia, new zealand, and north america use strategic communication to describe their units and the services they perform. Selected papers from the sixth biennial conference of the international research network for organizing by projects irnop 6. Strategic communication, as a term, is now emerging as a descriptive term that is gaining acceptance. The art of strategic management remained primarily associated with the military history. Journal of strategy and management emerald insight.
Impact of warehouse management system in a supply chain. We receive manuscripts with a diverse mix of topics, framings, and methods, and our acceptances reflect this diversity. A number of reasons have been advanced for this, including lack of strategic fit between the combining firms, excessive purchase prices and organizational and human resource problems. Strategic issues relating to corporate mergers and. If theres a big downside and its not offset by an upside that is big enough and. The impact of leadership and change management strategy on organizational. A strategic choiceresource dependence analysis of union. Selfmanaged team work is described as an essential linking component of this integration to. In the corporate sector, its emergence started after the culmination of second world war. First, the concept of strategic safety management ssm is proposed to merge these two approaches.
Academy of strategic management journal, volume, number2, 2014 strategy as an academic field has been considered as fragmented and lacked of coherence identity nag, hambrick and chen, 2007. International journal of project management selected. In oncology practice, where dramatic changes in reimbursement, technology, and the marketplace are just a few of the driving forces, the future. An integration of resource dependence theory with strategic choice theory explains why trade unions make particular strategic decisions. International journal of strategic communication defining. The article refers to the strategic management journal as an academic publication specialized in the discipline of strategic management. Strategic management journal, 18special issue, 99118. Conversely, strategic choice explains how organizations acquire resources and manage dependencies. Some mergers and acquisitions take place when management of any business recognizes the. Acquisitions myths and reality mit sloan management.
Strategic management international journal of strategic management and decision support systems in strategic management unknown author if the work does not have an author, the source is cited by its title in the introductory phrase, or the first 12 words are placed. Journal of strategic leadership global structural design and results. First is the strategic design frame, which explores the fit between an organisations strategy, structure, and the environment. Merging strategic safety, health and environment into. Culture and individual acceptance of change during a merger. This article discusses some of the common pitfalls of strategic management and suggests some approaches to actualize strategies that make the firms market leaders. After recognizing the need for strategic change, the manager sets goals. The terms merger and acquisition are often used interchangeably, even though. International journal of business and social science vol. Questiondriven and phenomenonbased empirical strategy research.
Management science is a crossfunctional, multidisciplinary examination of advances and solutions supporting enhanced strategic planning and management science. Journal of strategy and management emerald article. A company organization that attempts to merge acquire with some other company. Hanasini athapaththu department of commerce, faculty of management studies and commerce, university. Pdf strategic operations management radhitya wirawan. The theories of merger motives can be classified into seven groups. Defining strategic management, planning outline l why strategic management.
The most common relationship is to a previous andor continuing title, where a journal continues publishing with a change to its official title. International journal of scientific and research publications, volume 6, issue 2, february 2016 124 issn 2250 3153. Strategic consensus resource allocation leadership of managers control by management communication plays a crucial role. Findings from the czech republic afonina anna abstract the purpose of this study is to investigate the current level of strategic management tools and techniques utilization as well as to explore and identify the impact of management tools on or. The current issue and full text archive of this journal is. An exploration of the strategic action fields of swiss smes and large enterprises.
According to the journal citation reports, the journal has a 2012 impact factor of 1. But for reason and incentives to work, there has to be very little in the way of a downside to the change andor the upside has to greatly outweigh it. European scientific journal march 2014 edition vol. International journal of computer applications 0975 8887 volume 54 no. Merger motives and merger prescriptions trautwein 1990. Journal of management strategic human resources management. By applying the selected strategic methods and models such as bsc, bi, strategic planning and controlling, innovations and others, a higher performance of companies can be achieved. The strategic entrepreneurship journal is a quarterly publication of the strategic management society.
Strategic management articles management study guide. Further, the perspective also explains why some trade unions chose not to merge. Chaneta department of business studies faculty of commerce university of zimbabwe abstract wheelen and hunger 2002 say that strategic management is a set of managerial decisions and. These two disciplines merge to form a bigger subject which. Innovation strategy by the end of this chapter you will develop an understanding of. His current research focuses on the processes involved in acquisition integration. Pdf linking merger and acquisition strategies to postmerger. Diversification that can stabilize earnings and boost investor confidence. Strategic management tools and techniques and organizational performance.
Academy of strategic management journal asmj is a scholarly business and management publication that offers an open access platform to discuss the latest discoveries and innovations in this field. It was established in 2007 and is published by wileyblackwell. International journal of bric business research ijbbr volume 3, number 1, february. Impact of related acquisition strategy on bidding company. October 2014 84 information technology project management processes and practices. Strategic planning provides the structure to make daytoday decisions that follow a larger vision, creates a direction for your practice, and maximizes your options for influencing your environment. The impact of strategic management on organisational. The editorsinchief are jay barney, mike wright, rajshree agarwal, and g. The study investigated the impact of strategic management on organizational growth and. Strategic management is defined as the process of evaluation, planning, and implementation designed to maintain or improve competitive advantage. Strategic planning if done poorly results in more harm than good and this is the reason why the pitfalls of strategic planning and strategic management must be avoided. International journal of bric business research ijbbr volume 3, number 1, february 2014 4 tax savings that are achieved when a profitable company merges with or takes over a money loser. Includes relevant contributions from diverse fields.
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