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Article

Hsiu-Fen Lin

Drawing from knowledge-based view and balanced scorecard approach, this study seeks to develop an integrative model to examine the influence of two knowledge management

Abstract

Purpose

Drawing from knowledge-based view and balanced scorecard approach, this study seeks to develop an integrative model to examine the influence of two knowledge management (KM) strategies, codification KM strategy and personalization KM strategy, on the multi-stage KM evolution (KM adoption, implementation and institutionalization stages), which in turn affects balanced scorecard outcomes (financial performance, internal process performance, customer performance, and growth and learning performance).

Design/methodology/approach

Survey data from 244 managers (currently and directly in charge of KM activities) in large Taiwanese firms were collected and used to test the research model using the structural equation modeling (SEM) approach.

Findings

The results have revealed that both the codification KM strategy and personalization KM strategy are positive factors for stage-based KM evolution, but their relative importance differs across the three subsamples. Additionally, the results showed that the internal process and customer perspectives play a critical role in measuring performance during the earlier stages of KM evolution, while the financial and learning and growth perspectives emphasize the performance achievements from the latter stages.

Practical implications

Since KM implementation is an evolutionary process, using both financial and non-financial measures to assess organizational performance through KM efforts, such as the four balanced scorecard perspectives, can take full advantage of stage-based KM evolution. The results indicate that the time-lag effect is critical to distinguishing different forms of organizational performance.

Originality/value

Theoretically, this study aims to provide a research model that is capable of understanding the antecedents and consequences of staged-based KM evolution. From a managerial perspective, the findings of this study provide valuable guidelines to policy-makers and practitioners in accelerating KM evolution and achieving organizational performance.

Details

Journal of Knowledge Management, vol. 18 no. 1
Type: Research Article
ISSN: 1367-3270

Keywords

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Article

Lalit Manral

The thought and rationale of sustainable competitive advantage in strategy are significantly influenced by the Schumpeterian models of dynamic competition in IO and…

Abstract

Purpose

The thought and rationale of sustainable competitive advantage in strategy are significantly influenced by the Schumpeterian models of dynamic competition in IO and evolutionary economics. Yet, most analytical accounts of sustainable competitive advantage fail to explain how firms' investment choices influence, and are simultaneously influenced by, the co‐evolution of “external” industry competition and “internal” firm competences. This paper aims to contribute to the development of a theory of endogenous market structure in strategy.

Design/methodology/approach

Two alternative assumptions are developed – concerning temporally heterogeneous firm investment strategy – that lie central to a proposed behavioral theory of endogenous market structure. Additionally, a theoretical description is provided of the endogeneity of the demand‐side determinants of firm investment strategy and industrial market structure. Finally, guidelines are provided for empirical application of [incorporating] the alternative assumptions and theoretical arguments.

Practical implications

It is expected that the theoretical arguments in the paper will influence strategy scholars to develop dynamic models of firm performance that render themselves amenable to sound empirical analyses.

Originality/value

The paper contributes towards developing a theory of endogenous market structure in strategy.

Details

Journal of Strategy and Management, vol. 3 no. 4
Type: Research Article
ISSN: 1755-425X

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Article

Lalit Manral

The extant “supply‐side” frameworks of industry evolution fail to predict the evolutionary patterns in industries based on systemic technologies. This paper aims to…

Abstract

Purpose

The extant “supply‐side” frameworks of industry evolution fail to predict the evolutionary patterns in industries based on systemic technologies. This paper aims to describe the complex demand environment in industries based on systemic technologies and to explain how the continuously evolving demand structure influences the choice and level of firm investments in the above context.

Design/methodology/approach

The paper identifies a conceptual gap in the “technology‐centric” literature on industry evolution by conducting a detailed interpretive survey of the literature that focuses on the demand‐side determinants of firm‐ and industry‐level technological processes underlying industry evolution, and co‐evolution of the technological system underlying an industry and the consumer applications based on the same.

Practical implications

The paper provides a set of empirically verifiable mechanisms to explain competing firms' choice and level of investment under conditions of technological and demand uncertainty in industries based on systemic technologies. On one hand, firms' investments influence the evolution of both the technological system(s) and their constituent components that underlie such industries and, on the other, firms' investments influence the consumption of the array of consumer applications that are generated in these industries.

Originality/value

The theoretical explanation provided herein not only enhances the understanding of the role of demand‐side factors as determinants of rate and direction of technological advances but also lies central to the understanding of the evolution of industries based on systemic technologies. More specifically, the paper explains how the interaction between continuously evolving demand structure in the downstream market(s) for consumer applications and the technological components comprising the technological system influences competing firms' choice and level of investments.

Details

Journal of Strategy and Management, vol. 4 no. 4
Type: Research Article
ISSN: 1755-425X

Keywords

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Article

Manolis Papadrakakis, Nikolaos D. Lagaros, Georg Thierauf and Jianbo Cai

The objective of this paper is to investigate the efficiency of hybrid solution methods when incorporated into large‐scale optimization problems solved by evolution

Abstract

The objective of this paper is to investigate the efficiency of hybrid solution methods when incorporated into large‐scale optimization problems solved by evolution strategies (ESs) and to demonstrate their influence on the overall performance of these optimization algorithms. ESs imitate biological evolution and combine the concept of artificial survival of the fittest with evolutionary operators to form a robust search mechanism. In this paper modified multi‐membered evolution strategies with discrete variables are adopted. Two solution methods are implemented based on the preconditioned conjugate gradient (PCG) algorithm. The first method is a PCG algorithm with a preconditioner resulted from a complete Cholesky factorization, and the second is a PCG algorithm in which a truncated Neumann series expansion is used as a preconditioner. The numerical tests presented demonstrate the computational advantages of the proposed methods, which become more pronounced in large‐scale optimization problems and in a parallel computing environment.

Details

Engineering Computations, vol. 15 no. 1
Type: Research Article
ISSN: 0264-4401

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Article

B.V. Babu, Pallavi G. Chakole and J.H. Syed Mubeen

This paper presents the application of Differential Evolution (DE), an evolutionary computation technique for the optimal design of gas transmission network. As a gas…

Abstract

This paper presents the application of Differential Evolution (DE), an evolutionary computation technique for the optimal design of gas transmission network. As a gas transmission system includes source of gas, delivery sites with pipeline segments and compressors, the design of efficient and economical network involves lot of parameters. In addition, there are many equality and inequality constraints to be satisfied making the problem highly non‐linear. Hence an efficient strategy is needed in searching for the global optimum. In this study, DE has been successfully applied for optimal design of gas transmission network. The results obtained are compared with those of nonlinear programming technique and branch and bound algorithm. DE is able to find an optimal solution with a cost that is less than reported in the earlier literature. The proposed strategy takes less computational time to converge when compared to the existing techniques without compromising with the accuracy of the parameter estimates.

Details

Multidiscipline Modeling in Materials and Structures, vol. 1 no. 4
Type: Research Article
ISSN: 1573-6105

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Book part

Suzana B. Rodrigues and Marleen Dieleman

The purpose of this chapter is to explore the role of the home country government in the internationalization of multinationals from emerging markets. This is an important…

Abstract

Purpose

The purpose of this chapter is to explore the role of the home country government in the internationalization of multinationals from emerging markets. This is an important topic because governments play a greater role in BRIC countries. We build upon the literature on non-market strategy, extending this to emerging market multinationals.

Methodology/approach

We ground our arguments based on a multimethod case study of Vale, a Brazilian mining multinational.

Findings

Our study suggests that the role of home country governments is crucial for internationalization of firms from emerging markets, but also that it changes over time, is complex, and context-specific. We suggest that non-market strategy development is a process of co-evolution that is intricately linked to both external and internal factors.

Practical Implications

These findings are of relevance to emerging markets where governments are less constrained and perhaps more inclined to intervene in the private sector due to a legacy of state-led growth.

Originality/value

We tease out unique links between market shifts, government tactics, and firm strategies. Our study shows the need to shift our attention to home country non-market pressures as an explanatory factor for internationalization trajectories.

Details

The Challenge of Bric Multinationals
Type: Book
ISBN: 978-1-78635-350-4

Keywords

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Book part

William Ocasio and John Joseph

Macro- and microorganizational perspectives on strategy processes are typically treated as distinct lines of inquiry. This paper proposes an attention-based theory (March

Abstract

Macro- and microorganizational perspectives on strategy processes are typically treated as distinct lines of inquiry. This paper proposes an attention-based theory (March & Olsen, 1976; Ocasio, 1997) of strategy formulation processes to bridge both perspectives. In particular, it links evolutionary perspectives on strategy (Burgelman, 1991, 2002) and strategic choice (Child, 1972) perspectives on organizational and strategic decision making (Bower, 1970; Carter, 1971; Cyert & March, 1963; Frederickson, 1986). Our treatment of the strategy process extends theory by viewing strategy processes as assemblages of tightly and loosely coupled networks of operational and governance channels (Allison & Zelikow, 1999; Ocasio, 1997), strategy formulation as a fluid and distributed process, and environmental, organizational level and individual level forces as consequential. Like Lovas and Ghoshal (2000), we view strategy formulation as a process of guided evolution. Unlike Lovas and Ghoshal who view strategic intent as the objective function that guides evolution, we view strategy formulation processes as more fragmented and contested, with multiple foci of attention, rather than an explicit objective function, and both top-down and bottoms-up processes capable of generating changes in the strategic direction of the firm.

Details

Strategy Process
Type: Book
ISBN: 978-1-84950-340-2

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Article

Amiram Porath

Evolution has long been a biological process “borrowed” by management sciences to define structural and procedural development in organizations. The theory of Darwinian…

Abstract

Evolution has long been a biological process “borrowed” by management sciences to define structural and procedural development in organizations. The theory of Darwinian Evolution in biology has existed for a long time and still (with modification) remains the main theory in life sciences. However in biotechnology new concepts have risen. In parallel, organization sciences have been evolving the concept of evolution on different levels of the organization, discussing the evolution of organization during their life cycle, the evolution of populations of organizations, sectors, etc. Directed evolution in biology creates new organisms that can produce molecules with attributes better fitting industrial use, from naturally occurring organisms, allowing new organisms to function in non‐biological environments and perform processes they never needed to perform in a natural environment. We will show that by translating the concept from biology into organization sciences, we can develop the techniques for the evolution of new organizational structures and fitting routines, that would fit new emerging environments, where we seek the best adapted routines and structures for performance. We will adopt the concept of directly evolving a structure fitting for pre‐designed purposes by using bio‐technology methods, and will try and bridge the gap in organization sciences between the current development of the evolutionary theory and the advance made in biology. At the end discusses opportunities for research (the European Framework Program, national programs), together with a proposed general plan of action. The theory and the techniques descried can lead to further research and active experimentation.

Details

Foresight, vol. 5 no. 3
Type: Research Article
ISSN: 1463-6689

Keywords

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Article

Jack Meredith and Michael Vineyard

Reports on a study of the use of flexible manufacturing systems inthree strategic business units over a period of six years. Describeseach SBU′s manufacturing technology…

Abstract

Reports on a study of the use of flexible manufacturing systems in three strategic business units over a period of six years. Describes each SBU′s manufacturing technology strategy and contrasts it with tactical measures of actual operations to gain insight into the role of manufacturing technology in the SBU′s business strategy and its evolution. Presents study results in ten propositions which question our knowledge of how strategy truly evolves in organizations.

Details

International Journal of Operations & Production Management, vol. 13 no. 12
Type: Research Article
ISSN: 0144-3577

Keywords

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Article

Heiko Gebauer, Guang‐Jie Ren, Aku Valtakoski and Javier Reynoso

The purpose of this paper is to provide a review of key research contributions on the topic of service strategies in manufacturing by focusing on descriptions of the…

Abstract

Purpose

The purpose of this paper is to provide a review of key research contributions on the topic of service strategies in manufacturing by focusing on descriptions of the phenomenon and theoretical explanations of its evolution and financial consequences.

Design/methodology/approach

A summary analysis of the extant literature is provided. Valuable contributions and fundamental methodological issues are identified and discussed. Challenges, limitations and directions for future research avenues are also highlighted.

Findings

As a result of the analysis and discussion presented, the concept of service‐driven manufacturing is integrated through the provision, evolution and impact of services in industrial settings.

Practical implications

The paper contains guidelines for manufacturing managers interested in the evolution from products to services in different industries.

Originality/value

The paper is expected to be used as a relevant source of ideas and guidance for all those interested in doing research in services strategies in manufacturing.

Details

Journal of Service Management, vol. 23 no. 1
Type: Research Article
ISSN: 1757-5818

Keywords

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