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Article
Publication date: 1 June 2001

57

Abstract

Details

Aircraft Engineering and Aerospace Technology, vol. 73 no. 3
Type: Research Article
ISSN: 0002-2667

Keywords

Article
Publication date: 14 September 2015

Joseph Amankwah-Amoah and Hongxu Zhang

– The purpose of this paper is to examine how organisational closure can inform strategic foresight.

1264

Abstract

Purpose

The purpose of this paper is to examine how organisational closure can inform strategic foresight.

Design/methodology/approach

The authors draw insights from illustrative cases, i.e. Swissair, Sabena and Cameroon Airlines to illustrate their theoretical analysis.

Findings

The study shed light on the effects of internal and external factors in precipitating business closures. The authors established that top executives’ hubris, resistance to change and over-reliance on external consultants are some of precursors to organisational closure.

Research limitations/implications

The analysis of this paper provides a range of strategies that organisations can pursue to learn from other firms’ closure and improve their survivability and chances of future success.

Originality/value

Despite a growing body of literature on strategic foresight and organisational closure, the literature has largely developed in isolation and as such the understanding of the relationship between strategic foresight and organisational closure has remained severely limited. The paper integrates these two streams of research to enrich the understanding of how firms can learn from others to improve their strategic foresight.

Details

Foresight, vol. 17 no. 5
Type: Research Article
ISSN: 1463-6689

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