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Success in Changing Environments

Strategies and Key Influencing Factors

  • Authors
  • Manuela Stoll

Table of contents

  1. Front Matter
    Pages I-XVII
  2. Pages 1-4
  3. Pages 171-182
  4. Back Matter
    Pages 183-227

About this book

Introduction

To ensure their long-term survival and prosperity, many industries have to deal with increasingly dynamic and complex environments. Due to this situation, they are confronted with major challenges.

Manuela Stoll investigates why some firms cope with change successfully, while others do not. She focuses on two strategies to address change: adapting to change and creating change. Using a large-scale survey among top executives of manufacturing firms in Germany, she evaluates the importance of a range of resources, competences, and “isolating mechanisms” (shields against imitation) for the success of these strategies. The results show that adapting to change has an important effect on firm performance and is mainly influenced by a firm’s industry foresight abilities. A separate analysis illustrates how these abilities can be strengthened.

Keywords

Früherkennung Imitation, Schutz gegen Isolationsmechanismus Resource-based view Strategie strategy

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-8350-9354-6
  • Copyright Information Deutscher Universitäts-Verlag | GWV Fachverlage GmbH, Wiesbaden 2007
  • Publisher Name DUV
  • eBook Packages Business and Economics
  • Print ISBN 978-3-8350-0515-0
  • Online ISBN 978-3-8350-9354-6
  • Buy this book on publisher's site
Industry Sectors
Pharma
Automotive
Chemical Manufacturing
Biotechnology
Finance, Business & Banking
Electronics
Telecommunications
Consumer Packaged Goods