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Strategy development in a transitional economy: the case of LEK

โœ Scribed by Amanda Langley; Nada K. Kakabadse; Stephen Swailes

Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
156 KB
Volume
16
Category
Article
ISSN
1086-1718

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โœฆ Synopsis

Abstract

This paper explores how the grand strategies of a Slovenian firm, LEK, evolved during the period 1992โ€“2002. Using a unique methodological framework, data was collected qualitatively from published sources in order to identify and explore the strategic actions that LEK realized. The findings showed that LEK realized organic growth and external financeโ€raising strategies together with a number of incremental strategic actions such as those relating to mergers and acquisitions and organic concentric diversification.

By focusing upon how the strategies and strategic actions realized by LEK evolved over an 11โ€year period, this paper has contributed to a gap in the existing literature about strategy development by pharmaceutical firms based in transitional economies.

Copyright ยฉ 2007 John Wiley & Sons, Ltd.

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