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Article
Publication date: 14 May 2019

Charis Vlados

The purpose of this paper is to counter-propose a new approach of SWOT analysis, which can be used in the strategic planning of the contemporary organizations.

5591

Abstract

Purpose

The purpose of this paper is to counter-propose a new approach of SWOT analysis, which can be used in the strategic planning of the contemporary organizations.

Design/methodology/approach

This paper, after presenting the conceptual context of the existing (conventional) SWOT analysis, presents the existing criticism within the international literature. Then, it articulates gradually the new evolutionary and correlative SWOT analysis, by using the approaches and the literature of evolutionary economics, and the Stra.Tech.Man approach in business dynamics. In conclusion, it presents the new conceptual framework on which a new correlative SWOT analysis can be based.

Findings

Main finding of this research is that the interpretation of the conventional SWOT analysis tends to study the strengths and the weaknesses of the business with an analytical dichotomy. The conventional SWOT analysis conceptualizes, usually implicitly, the opportunities and threats of the external environment as having the same impact to all the socioeconomic agents, without exception. However, by using a correlative interpretation of SWOT analysis, we understand that the opportunities and threats are always “potential,” depending on the organization’s strategic capability to exercise its comparative strengths and weaknesses.

Originality/value

In the existing literature of SWOT analysis, despite the growing criticism, there is no critique that can give systemic and correlative answers to the articulation of business strategy in SWOT terms. The Stra.Tech.Man approach, also, is a conceptual framework to study the evolutionary adaptation of all the kinds of socioeconomic organizations.

Article
Publication date: 18 July 2022

Qun Bai, Senming Tan, Zheng Yuelong, Jiafu Su and Li Tingting

This study investigates the credit supervision issue in rural e-commerce. By studying the trading strategies of buyers and sellers under different credit supervision measures and…

Abstract

Purpose

This study investigates the credit supervision issue in rural e-commerce. By studying the trading strategies of buyers and sellers under different credit supervision measures and the impact of different pricing strategies on the trading strategies of both parties, this paper proposes regulatory suggestions for the increasingly severe credit problems in rural e-commerce.

Design/methodology/approach

In the online agricultural product transaction between farmers and consumers, both parties' decision-making is a dynamic process. Using the copying dynamic model of the evolutionary game, this study establishes two evolutionary game models to explore the factors affecting credit supervision in the rural e-commerce transaction process. Then, the study provides corresponding countermeasures and suggestions.

Findings

First, credit supervision measures implemented by rural e-commerce platforms and the Government's legal system construction and infrastructure construction guarantees influence both parties' trust choices in rural e-commerce transactions. Second, price is a key factor affecting both parties' trading strategies. In the case of relatively fair prices, the higher the proportion of farmers who choose “low price” and “honest transaction” strategies, the easier that is for consumers to choose to trust farmers. In contrast, the higher the price, the higher the proportion of consumers who choose the “trust farmers” strategy, and the more willing farmers are to choose honest transactions.

Originality/value

This work develops a new approach for analyzing rural e-commerce credit supervision. Moreover, this study helps establish and improve the credit supervision mechanism of rural e-commerce and further realize the long-term sustainable development of the rural economy.

Details

Kybernetes, vol. 52 no. 11
Type: Research Article
ISSN: 0368-492X

Keywords

Abstract

Details

Knowledge Management as a Strategic Asset
Type: Book
ISBN: 978-1-78769-662-4

Article
Publication date: 18 October 2011

Jon‐Arild Johannessen and Bjørn Olsen

The purpose of this paper is to uncover processes and the corresponding social mechanisms promoting innovation in organisations.

1726

Abstract

Purpose

The purpose of this paper is to uncover processes and the corresponding social mechanisms promoting innovation in organisations.

Design/methodology/approach

It is the integration of organisational learning, the internal knowledge base of the company and its external knowledge base, viewed in relation to innovations in organisations, which are the main elements discussed in this paper. In the present paper, it is the systemic angle of incidence which will be used.

Findings

An increased focus on information, knowledge and organisational learning, has provided a deeper understanding of factors and processes conducive to innovation and eventually to sustainable competitive advantages. However, little attention has been given to social mechanisms triggering innovations, which are uncovered in this paper.

Practical implications

A conceptual model, which represents a synthesis of the social mechanisms which influence those processes affecting innovation in social systems is presented.

Originality/value

The idea is that when several knowledge domains (practical, theoretical, internal and external) are connected for one specific purpose, the inherent variety may release what is creatively new, igniting innovation in social systems.

Article
Publication date: 22 February 2008

Martin Amsteus

The purpose of this paper is to establish what foresight is, to review past usages and definitions of foresight and to synthesize them into one generic definition, in order to

2178

Abstract

Purpose

The purpose of this paper is to establish what foresight is, to review past usages and definitions of foresight and to synthesize them into one generic definition, in order to make the concept measurable.

Design/methodology/approach

A discussion on how to classify variables in the social sciences serves as the starting‐point. Next, a review of past definitions and usages of the concept foresight is followed by further analysis and then synthesizing of the generic definition. The generic definition is finally compared and contrasted with the related concepts of forecasting, strategic analysis, and intuition.

Findings

Foresight is defined as behavior along three dimensions: degree of analyzing present contingencies and degree of moving the analysis of present contingencies across time; degree of analyzing a desired future state or states a degree ahead in time with regard to contingencies under control; and degree of analyzing courses of action a degree ahead in time to arrive at the desired future state.

Research limitations/implications

The article makes foresight quantitatively measurable, which in turn makes it possible to empirically measure the existence of foresight among managers and to test the relationship between foresight and organizational performance.

Practical implications

Practical foresight tools and programs, etc. can now be assessed and compared by both practitioners and researchers.

Originality/value

In identifying three fundamental behavioral dimensions of foresight, the article conceives and advances foresight as a distinct concept that can be related to several research areas, both on individual (e.g. managerial) and organizational levels.

Details

Foresight, vol. 10 no. 1
Type: Research Article
ISSN: 1463-6689

Keywords

Article
Publication date: 19 January 2015

Anna Gerstrøm

The purpose of this paper is to explore how legacy organizational identity and death relate to each other and, thereby, contribute to closing the gap in knowledge on…

Abstract

Purpose

The purpose of this paper is to explore how legacy organizational identity and death relate to each other and, thereby, contribute to closing the gap in knowledge on organizational identity constructions in times of death.

Design/methodology/approach

The paper opted for an exploratory study relying on primary data from in-depth narrative interviews with 20 organizational members of a bank that went bankrupt. The primary data, as well as documents like websites, newspapers, magazines, booklets, minutes, and reports, were complemented by secondary interviews with other members of the financial industry.

Findings

The paper finds that members of a dead organization construct a bankruptcy narrative that is also a legacy organizational identity narrative including a legacy organizational identity transformation and several identities that have positive and negative aspects and are conflicting but integrated into a coherent narrative. Furthermore, the paper provides empirical insights on how members of a dead organization draw upon their legacy organizational identity to justify their (lack of) past interpretations and responses to an unfolding bankruptcy. Finally, it provides empirical evidence on ways that legacy organizational identity from a dead organization play a substantial role in a living organization.

Research limitations/implications

Because of the chosen research approach, the research results may lack generalizability.

Practical implications

The paper holds insight that can help practitioners understand members of a dying organization – including the ways they come to form and perform in a new organizational context; an understanding that is a prerequisite for helping and supporting these members in coming to perform satisfyingly in the new organization.

Originality/value

This paper addresses an apparent gap in the literature on identity and death; exploring identity narratives in a bankrupted bank, the paper considers constructions of legacy organizational identities in times of disruptive death.

Details

Management Research Review, vol. 38 no. 1
Type: Research Article
ISSN: 2040-8269

Keywords

Book part
Publication date: 16 August 2014

Anne-Maria Holma

This study provides a comprehensive framework of adaptation in triadic business relationship settings in the service sector. The framework is based on the industrial network…

Abstract

This study provides a comprehensive framework of adaptation in triadic business relationship settings in the service sector. The framework is based on the industrial network approach (see, e.g., Axelsson & Easton, 1992; Håkansson & Snehota, 1995a). The study describes how adaptations initiate, how they progress, and what the outcomes of these adaptations are. Furthermore, the framework takes into account how adaptations spread in triadic relationship settings. The empirical context is corporate travel management, which is a chain of activities where an industrial enterprise, and its preferred travel agency and service supplier partners combine their resources. The scientific philosophy, on which the knowledge creation is based, is realist ontology. Epistemologically, the study relies on constructionist processes and interpretation. Case studies with in-depth interviews are the main source of data.

Details

Deep Knowledge of B2B Relationships within and Across Borders
Type: Book
ISBN: 978-1-78190-858-7

Keywords

Article
Publication date: 1 July 2009

Walter Bataglia and Dimária Silva E. Meirelles

The purpose of this paper is to identify complementarities between the approaches of population ecology and evolutionary economics in order to contribute to a synthesis of…

Abstract

The purpose of this paper is to identify complementarities between the approaches of population ecology and evolutionary economics in order to contribute to a synthesis of organizational evolutionary dynamics and its implications for a strategic management research model. Using the metatriangulation technique to construct theories, we attempt to entwine these two perspectives. The proposed model is structured in two dimensions: the environmental selective system and the corporate adaptation process. The environmental selective system gathers together the complementary factors presented by evolutionary economics and ecology: technological innovation, demographic processes, environmental dynamism, population density and other institutional processes, and interpopulation dynamics. As ecology does not encompass the corporate adaptation process (generation, selection, and propagation of variations), the proposed model adopts the theoretical grounds underpinning evolutionary economics. The model offers three main contributions for future research into strategic management. First, it allows the development of descriptive and normative studies of the relationship among the environmental selection factors and the different types of enterprise strategies. Second, the proposed conceptual framework may be very beneficial for studies of interorganizational learning. Third, the model has the advantage of responding to the criticism of strategy theories in terms of their inability to generalize.

Details

Management Research: Journal of the Iberoamerican Academy of Management, vol. 7 no. 2
Type: Research Article
ISSN: 1536-5433

Keywords

Article
Publication date: 1 February 1998

Geoffrey M. Hodgson

This essay explores evolutionary and competence‐based theories of the firm. Evolutionary theories can be regarded as a subset of a wider class of theories, variously described as…

3458

Abstract

This essay explores evolutionary and competence‐based theories of the firm. Evolutionary theories can be regarded as a subset of a wider class of theories, variously described as “capabilities”, “resource‐based”, or “competence‐based” theories of the firm. These contrast with a different set of contractarian theories, emanating largely from the work of Coase. It is argued that the contractarian theories of the firm misleadingly assume given individuals thus neglecting processes of individual learning and transformation. Similarly underestimated is importance of technology and the persistence of variety in firm structure and performance. The genesis of the alternative, competence‐based approach is outlined, including the important subset of “evolutionary” approaches of the Nelson‐Winter type. The paper concludes with a discussion of the relevance of the competence‐based approach to strategic management.

Details

Journal of Economic Studies, vol. 25 no. 1
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 10 April 2020

Hong Yang, Yimei Hu, Han Qiao, Shouyang Wang and Feng Jiang

The purpose of this paper is to elaborate on the interactive conflicts between business and governmental authorities in the regulatory process of an emerging business model…

2019

Abstract

Purpose

The purpose of this paper is to elaborate on the interactive conflicts between business and governmental authorities in the regulatory process of an emerging business model: sharing economy. Focusing on bike sharing system, the study also investigates the conflict-handling strategy of bike sharing companies and government regulation.

Design/methodology/approach

An evolutionary game model is introduced to illustrate the interactive conflict between bike sharing companies and government regulation, combined with system dynamics (SD) to simulate the evolutionary conflict-handling strategies between the two players.

Findings

The dynamic strategies of the two players are observed, and under five conditions the conflict outcomes are evolutionary stable states. Simulations show that each party sacrifices part of its interest and adjust its strategy according to that of the other, indicating the conflict-handling strategy as a compromising mode. Furthermore, the strategies of bike sharing companies are sensitive to additional operation and maintenance costs for producing low-quality bicycles and costs of positive regulation, which provides theoretical guidance for regulatory authorities.

Originality/value

The station-less bike sharing come up in China recently, and it is an important research field of entrepreneurship. Owing to the uniqueness and novelty of the phenomenon, conflicts and challenges exist during the regulation process. Thus, the study practically contributes to the conflict-handling strategies of businesses and government under the context of sharing economy. Methodologically, as a novel issue with less available data to carry out empirical research, this study combines evolutionary game theory with SD to shed light on the complex interactions between businesses and government. The research method can be applied to other entrepreneurial studies.

Details

International Journal of Conflict Management, vol. 31 no. 3
Type: Research Article
ISSN: 1044-4068

Keywords

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