A Strategic Management Process: The role of Decision-making Style and Organisational Performance
Purpose – The purpose of this paper is to present a conceptual framework for integrating strategic thinking factors, organisational performance and the decision-making process.
Strategic Management of the Organisation: The Essence and Main Components
This article determines the significance and application of the concepts of "control", "management", "strategic management", the quality of management, the important task of management, strategic management of higher education, the process of strategic management "Analysis and forecasting of the market environment."
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
The relationship between Enterprise Risk Management and Managerial Judgement in Decision-making: A Systematic Literature Review
Enterprise risk management (ERM) promises to improve decision-making and help organizations avoid wicked problems. Consequently, risk artefacts may play a significant role in managers’ decision-making processes, but little is known about the relationship between ERM and managerial judgement in decision-making (MJDM). The purpose of this paper is to present a systematic literature review of ERM, thereby filling this knowledge gap and providing an evidence based foundation for improving practice and advancing knowledge and theory development.
Navigating Risk in the Modern Business Landscape: Strategies and Insights for Enterprise Risk Management Implementation
As businesses actively seek ways to safeguard their valuable data and resources, efficient defense techniques are paramount. The surge in cyber threats, driven by malicious attacks and cybercrime fueled by internet technology and mobile apps, emphasizes the urgency for comprehensive risk management strategies. Effective risk management strategies have become indispensable for competitive businesses. ERM entangles determining, evaluating, and thwarting potential hazards that endanger business objectives.
Enterprise Risk Management and Business Strategy on Firm Performance: The role of Mediating Competitive Advantage
This research aims to know and analyze the contribution of enterprise risk management and business strategy to the competitive advantage and company performance of shipping companies
listed on the Indonesia Stock Exchange........
Risk Committee’s Influence on Enterprise Risk Management
Risk is real and it is particularly very serious in the case of managing banks in Nigeria because of several reasons; including the fact that it is an emerging economy. It can affect a bank’s
bottom-line to say the least and even its survival. It is in view of this that this article links risk committee effectiveness with risk management by banks in Nigeria. Using 130 observations (13 banks, 10 years) for 2012-2021, we employ a correlational research design to develop a panel model linking risk committee characteristics with risk management......