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Similarities and Contradictions in The Core Logic of Three Strategy Research Streams
Oleh:
Lengnick-Hall, C. A.
;
Wolff, James A.
Jenis:
Article from Journal - ilmiah internasional
Dalam koleksi:
Strategic Management Journal vol. 20 no. 12 (1999)
,
page 1109-1132.
Topik:
strategy research
;
resource - based view
;
hypercompetition
;
complexity
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
SS30.4
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The logical foundations shaping three pominent streams of strategic management thought are summarized and then compared and contrasted. The intent is to determine whether these research streams are restatements of asingle core logic using diffrent terms to describe the same phenomena and relationships, or whether they provide alternate, and potentially competing, explanations for effective strategic action. Analysis reveals some concordant assertions, some similarities across pairs of frameworks, and some fundamental contradictions among the various logic sets. Since key elements in the fundamental premises of each research stream present logical contradictions with each of the other two, a strategy derived from an integration of these perspectives creates inconsistencies in a firm's enacted context, its assumptions about strategy making, and its administrative arrangements. As circumstances change, a firm may be require to undergo a "core logic shift" to maintain consistency between its strategy and its strategic context. When a shift becomes necessary, a firm needs to overcome structural inertia, competitive inertia, organizational momentum, and its current management logic to maintain internal consistency. Additional implications of the comparison of these three logics for both theory and practice are discussed.
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