The Issue of Modern Strategic Management in Enterprises or Firms
Strategic management is a management function focused on long-term goals and actions, as well as a set of long-term measures and approaches aimed at improving the vitality and strength of an individual or a group of individuals in relation to competitors. Strategy formulation is the direction of action and its clear tool is a key part of management and an important sign of good governance.
Strategic Management: A Comprehensive Review Paper
Purpose: This paper aims to shed light on the evolution of strategic management over time, including definitions, supporting theories, tools, importance, and application in various business settings, and highlight the challenges and future trends of strategic management.
Strategic Management School of Thoughts: Synergistic Integration toward Strategy Implementation
Business strategy is a means of achieving a competitive edge, and strategic implementation is a driving force for a company’s competitive and sustainable performance. The strategic management schools of thought presented ideal and philosophical perceptions about firms' strategies in prevailing circumstances. Unfortunately, managers' emphasis is more on crafted strategies than implementation;..........
Bringing True Strategic Foresight Back to Business
Strategy and foresight were once the same discipline. And they should
be again. The immediacy of day-to-day operations can lead to a strategic process
that is more about ticking boxes and filling templates, which often end up
languishing, unopened, in an... more
Enhancing Organizational Resilience: The Transformative Influence of Strategic Human Resource Management Practices and Organizational Culture
In an era characterized by rapid changes and uncertainty, organizational resilience emerges as a critical factor for the survival and prosperity of businesses. Confronted with a progressively volatile and unpredictable organizational landscape, an organization’s capacity to swiftly and effectively address challenges and adapt to changes becomes indispensable.
Agile Transformation: Business Strategies and Best Practices for VUCA and BANI World
Organizations today operate in environments characterized by volatility, uncertainty, complexity, and ambiguity (VUCA), further compounded by brittleness, anxiety, nonlinearity, and incomprehensibility (BANI). To remain competitive and resilient, companies must adopt agile transformation strategies. This chapter systematically reviews the literature to identify essential business strategies and best practices for implementing agile transformation in such challenging contexts.
The role of a leader in shaping employee behaviour in the VUCA/BANI world
The challenges of the turbulent VUCA/BANI world, faced by modern organisations, have led to a different perception of the role of a leadership. An organisation is often able to overcome difficulties owing to a leader who does not only make strategic decisions, but also supports employees. The aim of this article is to identify the role of a leader in shaping employee behaviour in companies in the VUCA/BANI era.
Associated the BANI Problems and Perspective of Strengthening to Pursue the Formulation of Strategic Management Business Model Holding Company in Indonesia
The concept of BANI, which stands for Brittle, Anxious, Nonlinear, and Incomprehensible, has emerged as a framework to articulate common problem situations in strategic business. This paradigm provides a worldview for state-owned enterprise business Holding, offering a way to comprehend and navigate the complexities associated with strategy formulation, business synergies, and integration.
In the challenging BANI World: Is Agile Leadership enough?
In a world characterized by Brittle, Anxious, Non-linear, and Incomprehensible (BANI) dynamics, organizations are confronted with unprecedented challenges that demand innovative leadership approaches. This article explores the potential of Agile leadership as a strategic response to the complexities of the BANI world. Drawing on a comprehensive analysis of existing literature, empirical studies, and illuminating case studies, this research examines the interplay between Agile leadership principles and the unique characteristics of the BANI environment.
A (Re)view of the Philosophical Foundations of Strategic Management
This paper aims to review how different approaches to social inquiry (e.g. postivist, postpositivist, interpretive, postmodernist and critical theory) have been used in strategy research and how these main paradigms engage with strategy.
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