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Strategic Adaptation : Cross-Cultural Differences in Company Responses to Economic Crisis

By: Sternad, Dietmar.
Material type: TextTextSeries: eBooks on Demand.Publisher: Vienna : Springer Vienna, 2012Description: 1 online resource (266 p.).ISBN: 9783709104552.Subject(s): Export marketing -- United States | Export trading companies -- United States | Export trading companiesGenre/Form: Electronic books.Additional physical formats: Print version:: Strategic Adaptation : Cross-Cultural Differences in Company Responses to Economic CrisisDDC classification: 658.4012 Online resources: Click here to view this ebook.
Contents:
Title Page ; Copyright Page ; Table of Contents ; Figures; Tables; List of abbreviations; 1 Introduction: Researching strategic adaptation in a cross-cultural context ; 1.1 Cultural influences on strategic adaptation; 1.2 Overview of the research design; References; 2 Strategic decision-making, the environment, and national culture: An overview of key concepts ; 2.1 Strategy content; 2.2 Strategy process; 2.3 Four perspectives on the strategic decision-making process ; 2.4 The environment; 2.5 Environmental change
2.6 The 2008-09 financial and economic crisis as an exemplified major environmental change 2.7 Adaptation as a concept in strategic management; 2.8 National culture as an influencing factor on managerial decision-making ; 2.9 Summary of the key concepts; References; 3 The strategic adaptation process: a literature review ; 3.1 From environmental determinism to strategic choice; 3.2 Proactive versus passive adaptation; 3.3 Adaptability: real options and dynamic capabilities perspectives ; 3.4 Cognitive perspectives of the strategic adaptation process ; 3.4.1 Attention focus
3.4.2 Environmental-strategy causal logic3.5 The sense-making process; Cognitive deficiencies potentially affecting the adaptation process; 3.6 A model of the strategic adaptation process; 3.7 Strategic issue diagnosis; 3.7.1 Opportunities and threats; 3.7.2 Urgency and feasibility; 3.8 Political behaviour and conflicts in strategic decision-making processes ; 3.8.1 Political behaviour in organizations; 3.8.2 The role of conflicts; 3.9 Other variables with possible influence on the strategic adaptation process ; 3.9.1 Organizational size; 3.9.2 Industry; 3.9.3 Slack resources
3.10 Summary of the strategic adaptation processReferences; 4 Strategic action in response to economic crises ; 4.1 Rationalizing versus protection/pre-emption strategies; 4.2 Focus on the core business versus diversification strategies ; 4.3 Internally-directed versus externally-directed strategies; 4.4 Summary of adaptation strategies in response to economic crises ; 4.5 Hypotheses on the link between strategic issue analysis and strategic action in response to economic crises ; References; 5 Cultural differences between Austria and Slovenia ; 5.1 Performance orientation
5.2 Future orientation5.3 Assertiveness; 5.4 In-group collectivism; 5.5 Uncertainty avoidance; 5.6 Gender egalitarianism; 5.7 Cultural dimensions without significant differences between Austria and Slovenia ; 5.8 Summary of cultural differences between Austria and Slovenia ; References; 6 Cultural influences on the adaptation process ; 6.1 Hypotheses on cultural influences on strategic issue diagnosis ; 6.2 Hypotheses on cultural influences on strategic action in response to the economic crisis
6.3 Hypotheses on cultural influences on political and decision behaviour in strategic decision-making processes
Summary: How do companies adapt their strategies when they are faced with a global economic crisis? Do managers in different countries differ in the way they react to major changes in their companies' environment? Is national culture influencing adaptation strategies in times of crisis? auStrategic Adaptation"" explores the processes that are at work when companies adapt to environmental change -- from strategic issue diagnosis and decision-making processes (including political behavior and conflicts within these processes) to specific strategic action that is taken in response to economic downturn. Ba
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Item type Current location Call number URL Status Date due Barcode
Electronic Book UT Tyler Online
Online
HF1416.5 (Browse shelf) http://uttyler.eblib.com/patron/FullRecord.aspx?p=885562 Available EBL885562

Title Page ; Copyright Page ; Table of Contents ; Figures; Tables; List of abbreviations; 1 Introduction: Researching strategic adaptation in a cross-cultural context ; 1.1 Cultural influences on strategic adaptation; 1.2 Overview of the research design; References; 2 Strategic decision-making, the environment, and national culture: An overview of key concepts ; 2.1 Strategy content; 2.2 Strategy process; 2.3 Four perspectives on the strategic decision-making process ; 2.4 The environment; 2.5 Environmental change

2.6 The 2008-09 financial and economic crisis as an exemplified major environmental change 2.7 Adaptation as a concept in strategic management; 2.8 National culture as an influencing factor on managerial decision-making ; 2.9 Summary of the key concepts; References; 3 The strategic adaptation process: a literature review ; 3.1 From environmental determinism to strategic choice; 3.2 Proactive versus passive adaptation; 3.3 Adaptability: real options and dynamic capabilities perspectives ; 3.4 Cognitive perspectives of the strategic adaptation process ; 3.4.1 Attention focus

3.4.2 Environmental-strategy causal logic3.5 The sense-making process; Cognitive deficiencies potentially affecting the adaptation process; 3.6 A model of the strategic adaptation process; 3.7 Strategic issue diagnosis; 3.7.1 Opportunities and threats; 3.7.2 Urgency and feasibility; 3.8 Political behaviour and conflicts in strategic decision-making processes ; 3.8.1 Political behaviour in organizations; 3.8.2 The role of conflicts; 3.9 Other variables with possible influence on the strategic adaptation process ; 3.9.1 Organizational size; 3.9.2 Industry; 3.9.3 Slack resources

3.10 Summary of the strategic adaptation processReferences; 4 Strategic action in response to economic crises ; 4.1 Rationalizing versus protection/pre-emption strategies; 4.2 Focus on the core business versus diversification strategies ; 4.3 Internally-directed versus externally-directed strategies; 4.4 Summary of adaptation strategies in response to economic crises ; 4.5 Hypotheses on the link between strategic issue analysis and strategic action in response to economic crises ; References; 5 Cultural differences between Austria and Slovenia ; 5.1 Performance orientation

5.2 Future orientation5.3 Assertiveness; 5.4 In-group collectivism; 5.5 Uncertainty avoidance; 5.6 Gender egalitarianism; 5.7 Cultural dimensions without significant differences between Austria and Slovenia ; 5.8 Summary of cultural differences between Austria and Slovenia ; References; 6 Cultural influences on the adaptation process ; 6.1 Hypotheses on cultural influences on strategic issue diagnosis ; 6.2 Hypotheses on cultural influences on strategic action in response to the economic crisis

6.3 Hypotheses on cultural influences on political and decision behaviour in strategic decision-making processes

How do companies adapt their strategies when they are faced with a global economic crisis? Do managers in different countries differ in the way they react to major changes in their companies' environment? Is national culture influencing adaptation strategies in times of crisis? auStrategic Adaptation"" explores the processes that are at work when companies adapt to environmental change -- from strategic issue diagnosis and decision-making processes (including political behavior and conflicts within these processes) to specific strategic action that is taken in response to economic downturn. Ba

Description based upon print version of record.

Author notes provided by Syndetics

<p>Lecturer for International Management and Program Director of the International Business Management Master's program at Carinthia University of Applied Sciences in Villach, Austria. In his managerial career, he was the managing director and publisher of a leading Austrian and Croatian book publishing group and the CEO of a media company based in Ljubljana, Slovenia, where he founded the country's highest-circulation daily newspaper and leading newspaper portal.</p>

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