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Article
Publication date: 1 April 1983

Skipton

There have been many approaches to answering the question, “What is management?” This article outlines a further, strategic‐operational approach. The discussion is…

1305

Abstract

There have been many approaches to answering the question, “What is management?” This article outlines a further, strategic‐operational approach. The discussion is intended to contribute to the development of a theory of management which managers can use to analyse and improve their individual performance and the performance of their organisations.

Details

Management Research News, vol. 6 no. 4
Type: Research Article
ISSN: 0140-9174

Keywords

Article
Publication date: 25 July 2022

Rafael Cortés Rodríguez, Leopoldo Gutierrez and María del Mar Fuentes-Fuentes

This study aims to describe how the Hoshin Kanri (HK) strategic methodology facilitates implementation of lean management (LM), achieving greater integration of the…

Abstract

Purpose

This study aims to describe how the Hoshin Kanri (HK) strategic methodology facilitates implementation of lean management (LM), achieving greater integration of the strategic and operational levels, resulting in higher performance level.

Design/methodology/approach

The authors conducted an in-depth case study of a top-10 Spanish food retail company with experience in HK and LM. First, the authors conducted 17 semi-structured interviews with the management team. Second, the authors analyzed all minutes from meetings of the key management entities for HK monitoring over a period of 3 years (2016–2019). Third, the authors evaluated the reports and key scorecards for the same period. Finally, authors visited the operating facilities and attended multiple team management meetings.

Findings

This study demonstrates that deploying HK creates the strategic ecosystem for operations management that facilitates successful implementation of LM. By sharing common cultural concepts, both methodologies generate faster transformation of the organization and thus push it towards its strategic objectives with more determination and better performance.

Originality/value

The lack of strategic alignment is one of the most important reasons for LM failure. Although HK is a strategic methodology that facilitates this alignment, a gap exists in the literature on the benefits of HK for implementation of continuous improvement initiatives such as LM. Our research shows how HK enables a participative connection between the strategic and operational areas of the firm that reinforces the fundamental elements of LM. Employee involvement, widespread use of plan-do-check-act (PDCA) methodology and multidisciplinary work (among other effects) make HK a key element for successful implementation of LM.

Details

International Journal of Quality & Reliability Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0265-671X

Keywords

Article
Publication date: 1 July 2004

Vincent Gruis and Nico Nieboer

As a result of changes in housing policy in the 1980s and 1990s, social landlords in several European countries have to manage their stock in a more commercial way. They…

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Abstract

As a result of changes in housing policy in the 1980s and 1990s, social landlords in several European countries have to manage their stock in a more commercial way. They have to anticipate market developments and formulate a strategy for the development of their stock. This kind of asset management is referred to as “strategic housing management”. Being mainly a practitioners' business, and mostly of recent date, strategic housing management lacks a sound theoretical basis. Publications of “good” practice are scarce. This paper sets up a framework for strategic housing management of social landlords. The main question addressed is: “How can social landlords develop their asset management schemes in a strategic way?” From the theory on business planning and housing management, the paper defines strategic stock management and its characteristics. The paper uses Kotler's general model for strategic business planning and illustrates how this model can be applied to social landlords with various examples from The Netherlands and approaches from front‐runners among Dutch social landlords.

Details

Property Management, vol. 22 no. 3
Type: Research Article
ISSN: 0263-7472

Keywords

Article
Publication date: 27 May 2022

Dimitrios Kafetzopoulos, Evangelos Psomas and Nancy Bouranta

The aim of this paper is to determine whether leadership affects strategic flexibility and business performance taking into consideration the mediating role of talent…

Abstract

Purpose

The aim of this paper is to determine whether leadership affects strategic flexibility and business performance taking into consideration the mediating role of talent management in these relationships.

Design/methodology/approach

The proposed framework is tested by confirmatory factor analysis (CFA) and finally structural equation modeling (SEM), using the survey data from 462 Greek firms. The mediation effect of talent management was tested by the Sobel test.

Findings

The results show that leadership drives firms to strategic flexibility and business performance, but the introduction of talent management fully mediates these relationships. Strategic flexibility also affects business performance positively.

Research limitations/implications

This study explores a formal style of leadership; many leadership styles remain unexplored. The field of talent management is in urgent need of more empirical research to explain its importance and how talent management is handled in the 21st-century.

Practical implications

This study proves that managers should invest more in talent management; outstanding talent can be leveraged to implement the best operational practices while managers' motivation for talent management contributes to a deeper anchoring of strategic flexibility and performance efforts in firms.

Originality/value

The current state of knowledge of both theory and practice for critical organizational factors such as strategic flexibility and talent management will be extended.

Details

Management Decision, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0025-1747

Keywords

Book part
Publication date: 26 November 2014

David B. Zoogah and Julaine S. Rigg

To expose strategic management scholars in Africa, particularly graduate students and new faculty members, to bibliometrics, a fast-growing approach for examining the…

Abstract

Purpose

To expose strategic management scholars in Africa, particularly graduate students and new faculty members, to bibliometrics, a fast-growing approach for examining the impact of individual and collective scholarly.

Design/methodology/approach

We review the bibliographic analysis approach by discussing its origin, development, and process. We then advance to a dynamic multilevel model that can be used to examine strategic management contributions at the individual and collective levels. Bibliometric analysis is being used extensively in such fields as library science, agriculture, economics, medicine, psychology, and more recently in management areas such as entrepreneurship, strategy, and international business. In addition to its wide application, bibliometric analysis has relevance for strategic management research in Africa which is characterized by major research constrains.

Findings

Illustrations are provided with procedures for conducting bibliometric analysis. We conclude by making recommendations on what to consider in using the approach for the study of strategic management in Africa.

Research limitations/implications

We discuss the strengths and weaknesses of the approach as well as suggestions on maximizing its potential.

Practical implications

The approach is an invaluable source particularly for graduate students of strategy. They can be used to supplement other approaches in the study of strategic management impact.

Originality/value

To our knowledge, this chapter seems to be the first to propose bibliometric analysis for the study of strategic management in the African context. In that regard, it fills a gap in the research methodology literature. It can therefore help graduate students and junior faculty improve their careers.

Details

Advancing Research Methodology in the African Context: Techniques, Methods, and Designs
Type: Book
ISBN: 978-1-78441-489-4

Keywords

Book part
Publication date: 10 August 2018

Donald Lange and Jonathan Bundy

One way of looking at the association between ethics and stakeholder theory – of examining the idea that stakeholder theory has a strong moral foundation – is to consider…

Abstract

One way of looking at the association between ethics and stakeholder theory – of examining the idea that stakeholder theory has a strong moral foundation – is to consider how the stakeholder approach might in fact be directly driven by and guided by the moral obligations of business. An alternative perspective we offer is that stakeholder theory only indirectly derives from the moral obligations of business, with business purpose serving as a mediating factor. We work through the fairly straightforward logic behind that alternative perspective in this chapter. We argue that it is a better way to think about the association between ethics and stakeholder theory, particularly because it allows for a theoretical and practical distinction between corporate social responsibility and stakeholder theory. Stakeholder theory can thereby continue developing as a theory of strategic management, even as it brings morals to the fore in ways that other approaches to strategic management do not.

Details

Sustainability, Stakeholder Governance, and Corporate Social Responsibility
Type: Book
ISBN: 978-1-78756-316-2

Keywords

Abstract

Details

The Strategically Networked Organization
Type: Book
ISBN: 978-1-78635-292-7

Book part
Publication date: 25 October 2017

Ron Sanchez and Aimé Heene

In this paper we examine some fundamental epistemological issues in building theory for applied management science, by which we mean theory that can be usefully applied in…

Abstract

In this paper we examine some fundamental epistemological issues in building theory for applied management science, by which we mean theory that can be usefully applied in a scientific approach to management research and practice. We first define and distinguish “grand theory” from “mid-range theory” in the social and management sciences. We then elaborate and contrast epistemologies for (i) building “grand theory” intended to be applicable to all cases and contexts, and (ii) building “mid-range theory” intended to apply to specific kinds of contexts. We illustrate the epistemological challenges in building grand theory in management science by considering important differences in the abilities of two “grand theories” in strategic management – industry structure theory and firm resources theory – to support development of conceptually consistent models and propositions for empirical testing, theoretical refinement, and application in management practice. We then suggest how a mid-range theory building approach can help to achieve integration of the two grand strategic management theories and improve their ability to support empirical testing, theory refinement, and application of theory in practice. Finally, we suggest how the competence-based management (CBM) perspective provides the foundational concepts needed to build both mid-range theory and (potentially) grand theory in strategic management that can be usefully applied in management science.

Details

Mid-Range Management Theory: Competence Perspectives on Modularity and Dynamic Capabilities
Type: Book
ISBN: 978-1-78714-404-0

Keywords

Book part
Publication date: 26 November 2014

Moses Acquaah

The purpose of this study is to review the literature on strategic management in Africa with special emphasis on how strategy constructs have been measured and present a…

Abstract

Purpose

The purpose of this study is to review the literature on strategic management in Africa with special emphasis on how strategy constructs have been measured and present a roadmap to help improve strategy research in Africa.

Design/methodology/approach

A content analysis of empirical research on strategic management published in journals using data from Africa from 2000 to 2013 is conducted to examine construct measurement practices.

Findings

The findings indicate that the average sample sizes in strategy research in Africa is not large as strategy research in general, and have low statistical power. While the studies rely heavily on single-indicator measures, there were also several studies using scale or multiple measures that report reliabilities.

Research limitations

Limitations of the research include small number of studies used, inability to examine journal effects’ of the findings due to few numbers of papers from many of the journals, and lack of examination of the influence of the context and topical areas of the articles on the use of the construct measurement techniques.

Practical implications

The study provides information about the use of construct measurement techniques and power analysis in strategy research in Africa. It further encourages the use of larger sample sizes, the examination of power, and more focus on variables which allow the assessment of reliabilities and validity.

Originality and value

Little is known about construct measurement practices of the empirical research in and about Africa in the discipline of strategic management. This chapter builds on extant research on construct measurement issues in strategic management research, but with the unique value-added contribution of focusing on the African environment where the discipline is beginning to take hold.

Details

Advancing Research Methodology in the African Context: Techniques, Methods, and Designs
Type: Book
ISBN: 978-1-78441-489-4

Keywords

Abstract

Details

Servitization Strategy and Managerial Control
Type: Book
ISBN: 978-1-78714-845-1

1 – 10 of over 144000