Global Business Strategies in Crisis: Strategic Thinking and Development

✍ Scribed by Ümit Hacioğlu, Hasan Dinçer, Nihat Alayoğlu (eds.)

• Publisher: Springer International Publishing
• Year: 2017
• Tongue: English
• Leaves: 428
• Series: Contributions to Management Science
• Edition: 1
• Category: Library

✦ Synopsis

As the world is currently in the midst of financial and economic crises, this collection of expert contributions focuses on strategy formation and implementation at various organizational levels to address the challenges ahead. The latest economic turmoil and its ongoing impact on business performance are compelling top managers to develop effective business strategies and redefine the boundaries of their operational and strategic activities. On one hand, tremendous challenges in the competitive business environment have become a source of global threats for many small entrepreneurs. On the other, investors faced with today’s volatile economic conditions demand more gains on their capital investments to counter-balance the growing risk of global threats. This book explores the question as to whether it is possible to efficiently and effectively address these threats and obstacles. Are managers capable of planning and implementing strategic actions? What should the major managerial strategy be in order to overcome fluctuations in a market-oriented society?

The strategies and practices recommended here are aimed to design continuous development competencies and contribute to the stability, recovery and sustainability of global business operations under volatile economic conditions. This refreshingly novel book seeks to establish managerial strategies and practices for effectively responding to challenges in the competitive business environment, as global volatility and fluctuations continue to worsen.

✦ Table of Contents

Front Matter....Pages i-xxi
Front Matter....Pages 1-1
Institutional Approach to Strategic Management....Pages 3-14
Economic Approach to Strategic Decisions....Pages 15-29
Leading the Strategic Decision-Making Process: Conceptual Frameworks....Pages 31-42
Building Organizational Insight: Strategy and Organization....Pages 43-56
Strategies Out of Global Recession in Emerging Markets: An Application for 2008 Global Crisis....Pages 57-75
Alternative Strategies for Global Operations of Organizations....Pages 77-88
Front Matter....Pages 89-89
Building Competitive Strategies and Managing Stakeholder Relations....Pages 91-108
Human Side of Strategic Alliances, Cooperations and Manoeuvrings During Recession and Crisis....Pages 109-125
The Role of Organizational Identity on Strategic Management Applications....Pages 127-138
The Importance of Trust for Partnership and Collaboration in Volatile Economic Conditions....Pages 139-150
Complexity and Crisis Call for Shared Leadership and Empowered Teams....Pages 151-165
Front Matter....Pages 167-167
Establishing an Innovation Culture and Strategic Entrepreneurship....Pages 169-184
Strategies for Innovative Organization Structure: Innovative Culture and Open Innovation....Pages 185-199
Building Innovative Strategies for the Competitiveness of Family Firms in Emerging Markets....Pages 201-213
Innovative Processes in New Product and Service Development....Pages 215-229
Increasing Strategic Competitiveness Through Innovation: The Finance Perspective....Pages 231-242
Economic Growth and Dynamic R&D Investment Behavior....Pages 243-259
Front Matter....Pages 261-261
Risk Management Practices in Strategic Management....Pages 263-271
Reducing Risk Through Strategic Flexibility and Implementation Leadership in High-Velocity Markets....Pages 273-286
Implementing Adaptive Strategies of Decision Support Systems During Crises....Pages 287-302
Front Matter....Pages 261-261
The Formulation of Strategies to Mitigate Supply Risks....Pages 303-316
Front Matter....Pages 317-317
Applying Data Envelopment Analysis to Evaluate Firm Performance....Pages 319-334
Efficiency and Managerial Control in Financial Institutions....Pages 335-351
Examining Financial Innovation and Performance in Financial Sector: A Comprehensive Review of Emerging Markets....Pages 353-369
The Impact of Selected Firm Features on Sales Growth: Empirical Evidence from S&P500....Pages 371-383
Determinants of Working Capital in Emerging Markets: Do Economic Developments Matter?....Pages 385-397
Liquidity Position and Working Capital Adequacy of Companies in Turkey: Outlook from Industry Financial Statements....Pages 399-415
Determinants of Corporate Cash Holdings: Firm Level Evidence from Emerging Markets....Pages 417-428

✦ Subjects

Business Strategy/Leadership;Organization;Human Resource Management;Risk Management