Search results
1 – 10 of over 100000Gunjan Soni and Rambabu Kodali
This paper aims to explore the state of strategic fit between “competitive strategy” (CS) and “supply chain strategy” (SCS) in the Indian manufacturing industry by investigating…
Abstract
Purpose
This paper aims to explore the state of strategic fit between “competitive strategy” (CS) and “supply chain strategy” (SCS) in the Indian manufacturing industry by investigating the mediating role of supply chain strategy between competitive strategy and performance of company/supply chain.
Design/methodology/approach
This aim is accomplished by using a survey questionnaire that was answered by 185 respondents from various sectors of Indian manufacturing industry. These sectors included automobile, electrical and electronics, process, machinery, textile, food, aviation and footwear sectors. The state of strategic fit is explored based on research framework of “matrix of strategic fit”.
Findings
The major findings revealed existence of a causal relationship between CS and SCS with CS as independent variable and SCS as dependent variable. It was also found that choice of CS and SCS affects business and supply chain performance. The other finding was establishment of the existence of strategic fit in Indian manufacturing industry, which was explained by analyzing the interaction effect between CS and SCS. It was also found that a major hurdle in implementing SCM practices in Indian manufacturing industry is “overcoming traditional practices”.
Originality/value
Indian manufacturing industry is growing by leaps and bounds, but to date there is no study that has explored the mediation effect of supply chain strategy between competitive strategy and performance in India. This paper provides a research framework to study and assess these dimensions of strategy on “matrix of strategic fit”.
Details
Keywords
Abdulkader Zairbani and Senthil Kumar Jaya Prakash
The purpose of this paper is to provide an organizing lens for viewing the distinct contributions to knowledge production from those research communities addressing the impact of…
Abstract
Purpose
The purpose of this paper is to provide an organizing lens for viewing the distinct contributions to knowledge production from those research communities addressing the impact of competitive strategy on company performance in general, and the influence of cost leadership and differentiation strategy on organizational performance in detail.
Design/methodology/approach
The research methodology was based on the PRISMA review, and thematic analysis based on an iterative process of open coding was analyzed and then the sample was analyzed by illustrating the research title, objectives, method, data analysis, sample size, variables and country.
Findings
The main factor that influenced the competitive strategy is strategic growth; strategic growth has a significant influence on competitive strategy. Furthermore, competitive strategy will boost firm network, performance measurement and organization behavior. In the same way, the internal goal factor will enhance organizational effectiveness. Also, a differentiation strategy will support management practice factors, strategic positions, product price, product characteristics and company performance.
Originality/value
This study contributes to the literature by identifying a framework of competitive strategy factors, company performance factors, cost leadership strategy factors, differentiation strategy factors and competitive strategy with global market factors. This study provides a complete picture and description of the resulting body knowledge in competitive strategy and organizational performance.
Details
Keywords
Current RBV‐grounded research has provided keen and valuable insight into the business‐strategy‐performance relationship. However, the accompanying shift away from the continued…
Abstract
Purpose
Current RBV‐grounded research has provided keen and valuable insight into the business‐strategy‐performance relationship. However, the accompanying shift away from the continued refinement of generic business strategy typologies has left a number of research opportunities uncultivated. This paper seeks to demonstrate how the generic strategy approach to strategy formulation can be applied today, especially in the development of parsimonious, prescriptive, and relevant tools for strategic managers.
Design/methodology/approach
A new business strategy typology is developed and grounded in recent developments in the literature and in business practice.
Findings
Building on Porter's low cost‐differentiation framework, this paper integrates research founded on the resource‐based view of the firm, and proposes value and market control as the two prominent overarching factors in business strategies.
Practical implications
The framework proposed in this paper incorporates several research perspectives, but can also be applied by strategic managers when assessing firm and competitor strategies at the business level.
Originality/value
This paper builds on previous work in the field, but proposes an original framework for assessing and evaluating competitive strategies.
Details
Keywords
Franck Duquesnois, Cãlin Gurãu and Frédéric Le Roy
The purpose of this paper is to investigate the competitive strategies adopted by French wine producing firms in a crisis context.
Abstract
Purpose
The purpose of this paper is to investigate the competitive strategies adopted by French wine producing firms in a crisis context.
Design/methodology/approach
First, two case studies have been developed through interviews with wine producers. They show that many strategies, corresponding to different levels of performance, are possible in a crisis industry. Second, an empirical study has been conducted applying a questionnaire survey addressed in June 2008 to wine producing firms from the Languedoc‐Roussillon region, south of France. Third, ordinal regression is operated in order to link financial performance and strategic choices of the investigated 160 respondent firms.
Findings
The findings indicated some interesting trends concerning wine producers' perception regarding the effect of the crisis and the strategies adopted by firms. The preferred strategic choice of the majority of investigated firms is the combination of “niche + differentiation” strategies. On the other hand, the strategic choice of firms is influenced by their experience; many less experienced firms prefer to adopt a differentiation strategy or a combination of the “niche + differentiation” strategies. Moreover, statistical analysis shows that no implementation of niche, differentiation or relational marketing lead toward decreasing turnover.
Research limitations/implications
This research is focused only on wine producing firms from Languedoc‐Roussillon region in France. A second limitation is the fact that firms' performance was not systematically measured. The performance is evaluated mainly indirectly, considering that the investigated firms have survived the crisis.
Originality/value
Very few studies have been conducted on this particular topic.
Details
Keywords
Phani Tej Adidam, Madhumita Banerjee and Paurav Shukla
This paper aims to explore the impact of competitive intelligence (CI) practices on the firm's performance in the emerging market context of India. The paper seeks to answer the…
Abstract
Purpose
This paper aims to explore the impact of competitive intelligence (CI) practices on the firm's performance in the emerging market context of India. The paper seeks to answer the following questions: do CI activities have an impact on the market performance of Indian firms? If so, what are the macro and micro environmental drivers of CI for Indian firms? How are CI activities organized within Indian firms? How is the usage and dissemination of CI taking place within Indian firms?
Design/methodology/approach
The study used a stratified sample developed from a variety of mailing lists focusing on Indian firms. The study employed a cross‐sectional, survey‐based methodology.
Findings
The study identifies two key aspects: Indian firms that exhibit higher levels of CI activities indeed achieve better financial performance results; and the current level of CI activities in Indian firms is at a moderate level, thereby suggesting an opportunity for using and implementing more sophisticated CI techniques.
Practical implications
The findings of this study should assist local and foreign managers in having a more informed understanding of CI activities in the Indian marketplace. Additionally, these findings provide directives to managers regarding the untapped opportunities and potential that CI can offer in a highly volatile and rapidly changing market scenario.
Originality/value
This is the first study that empirically investigates the relationship between the level of CI activities and firm performance in an emerging market context. It is also the first study of its kind that explores the current state of CI practices in the Indian market.
Details
Keywords
Joonhwan In, Randy Bradley, Bogdan C. Bichescu and Sumin Han
This study aims to examine the performance implications of an information governance (IG) framework for managing, controlling access to and securing information, focusing on (1…
Abstract
Purpose
This study aims to examine the performance implications of an information governance (IG) framework for managing, controlling access to and securing information, focusing on (1) the performance benefits of an organization's IG orientation and (2) how the configuration of IG orientation and supply chain (SC) strategy type relate to performance outcomes.
Design/methodology/approach
This study leverages multiple secondary sources for US hospitals, serving as the context for the study. It also employs cluster analysis to develop an SC strategy taxonomy, namely sophisticated and delivery-focused SC strategies. The proposed research model is tested using a robust regression to mitigate the influence of outliers and produce more accurate estimates.
Findings
IG orientation is positively associated with financial performance and patient experience, and IG-oriented hospitals with a sophisticated SC strategy realize more financial benefits and achieve better patient care experiences compared to other configurations. Regardless of SC strategy type, IG-oriented hospitals offer better care experiences than non-IG-oriented hospitals.
Practical implications
This paper offers empirical evidence that a hospital's IG orientation and SC strategy jointly affect financial outcomes and patient experience. For hospitals, an organization-wide framework for governing information streamlines both intra- and inter-organizational information flows and improves care delivery throughout a patient's care experience.
Originality/value
This is one of a few studies that empirically examine the performance implications of governance of information in the domain of supply chain management (SCM). This study also develops an SC strategy taxonomy for the healthcare context and offers a springboard for research in service SC strategy.
Details
Keywords
Paolo Taticchi, Kashi Balachandran and Flavio Tonelli
Recently, performance measurement and management (PMM) has received increasing attention from both the academic and industrial environments. Companies that try to use PMM systems…
Abstract
Purpose
Recently, performance measurement and management (PMM) has received increasing attention from both the academic and industrial environments. Companies that try to use PMM systems report experiencing implementation problems including goal incongruence. Based on a discussion of the state of the art of PMM, this paper aims to provide research guidelines for building a PMM system through a reference framework, and to identify major design challenges.
Design/methodology/approach
At a macro level, the evolution of research is analyzed using citation and co‐citation analysis techniques. Further, the evolution of PMM systems in the last 20 years is traced. The feasibility and applicability of these frameworks/models are analyzed by considering five milestones that a performance measurement system should have. Based on this, an integrated framework is proposed as a basis for designing a cohesive PMM system.
Findings
The research on the subject is quite diverse. In fact, the research appears to be quite mature in terms of publications and citations, while PMM systems developed do not meet the PMM challenge faced in the current environment. The framework proposed for PMM system design integrates five systems: a performance system, a cost system, a capability evaluation system, a benchmarking system and a planning system. Integration among the five systems is to be viewed as the driver to address the PMM challenge.
Research limitations/implications
The proposed framework is a starting point for PMM system design and it provides important guidelines for successful implementations of PMM initiatives for various types of companies in the current global business environment. However, further empirical studies are needed before the concepts described here can be assessed to ascertain its applicability.
Practical implications
The paper provides a literature review of PMM research, discusses the mutual consistency of models and frameworks therein, and explores how the framework proposed might be implemented and improved, as well as the major challenges facing researchers. Practical implication and benefits of the proposed framework adoption are highlighted through an example.
Originality/value
Research in PMM has become increasingly important given the significant impact it can have on competitive strategy and operations of firms in the present global business environment. This paper demonstrates the need of an holistic approach to PMM, which requires an intensive and deep comprehension of the key activities in the company and their related drivers.
Details
Keywords
Abhijit Mandal, Howard Thomas and Don Antunes
The purpose of this paper is to focus around the literatures of the resource‐based firm and cognitive mental models, explores the dynamic linkages between cognitive models…
Abstract
Purpose
The purpose of this paper is to focus around the literatures of the resource‐based firm and cognitive mental models, explores the dynamic linkages between cognitive models, resources and firm performance in the context of the insurance industry.
Design/methodology/approach
In a real‐life example drawn from the insurance industry, a process‐based simulation model is developed to explore the linkages between managerial mental models, resources and performance. It represents resources as endogenous flows and mental models and resource constraints as exogenous parameters. This allows, for example, the impact of heterogeneity in mental models, on such factors as the time path of resource allocations, resources and capabilities, and ultimately performance, to be studied in two firms (business units) in the insurance industry.
Findings
In general, heterogeneity in mental models leads to differences in performance in the long run. This finding is reinforced by the presence of resource constraints. Facing strategic change, however, it is often difficult for senior managers to overcome the influence of well‐established managerial mental models or recipes which create cognitive inertia and, in turn, hinder performance improvements.
Originality/value
There are few empirical studies which explore the impact of changes in mental models and resource constraints on firm‐performance and resource allocation decisions.
Details
Keywords
The purpose of this paper is to assess the status of management in South Africa.
Abstract
Purpose
The purpose of this paper is to assess the status of management in South Africa.
Design/methodology/approach
This is achieved by firstly, providing a concise summary of the classical management theory. This is followed by a presentation of selected dimensions of South Africa's economic, social and political profile (cultural profile), as reflected in secondary sources. A discussion of South Africa's profile vis‐à‐vis management theory is presented.
Findings
The findings show that South Africa is faced with unique competitive challenges, which fall within the realm of management. Unfortunately, the unavailability of competent senior managers forms part of South Africa's problem, aggravating the situation.
Practical implications
The practical implications are that South African managers need to face their reality, by acquainting themselves with the sound theory underpinning management, available from reputable sources and applying these principles with insight. In so doing they will not only improve the competitive positions of their enterprises but also that of South Africa, as a whole. Moreover, they will impact the economy positively, be it domestically, regionally or globally and reap the benefits of success just like other firms and countries.
Originality/value
This paper is original in the sense that it seeks to give a comprehensive, however, brief overview of a complex topic, classical management, while linking it to South Africa's unique challenges. The value of this script lies in the concise presentation of classical management thought and the consequent implication that its consistent application could play a vital role in overcoming the competitive challenges facing South Africa.
Details
Keywords
To share key findings about how to compete and win from the Leading Performance Improvement and Corporate Transformation Research Program.
Abstract
Purpose
To share key findings about how to compete and win from the Leading Performance Improvement and Corporate Transformation Research Program.
Design/methodology/approach
The research program compares the approaches of the most and least successful companies to identify critical success factors for competing and winning.
Findings
Most of the critical success factors are behavioral. The attitudes, approaches, perspectives and priorities of those who succeed ensure they win the battle to change, break free of past constraints, re‐invent and grow.
Practical implications
By presenting winning behaviors the article allows those in struggling companies to identify behaviors and approaches that might increase their prospects of success.
Originality/value
Gives guidance in terms of what to do to become a winner.
Details