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Abstract

“Organizations depend on the environment [...] and often must cope with unstable, unpredictable external events.”1 They can anticipate these events that affect the organization by early warning,2 a two-step process that comprises scanning the environment3 and interpreting these data into information about opportunities and risks for the organization.4

See B 2.4.

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References

  1. Daft, Sormunen and Parks (1988), p. 123. See also Hambrick (1981), p. 299, Chakravarthy (1997), p. 69 and Zahra and Bogne (2000), p. 135ff. The dependency of organizations on the environment is also analyzed by Brown (1966), p. 322.

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  3. See Daft and Weick (1984), p. 290.

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  5. For the strategic importance of anticipating trends see Aguilar (1967), p. 1, Steiner (1969), p. 15ff. and Hofer and Schendel (1978), p. 47, who calls it environmental analysis.

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(2007). Introduction. In: A Contingency-Based View of Chief Executive Officers’ Early Warning Behavior. Gabler. https://doi.org/10.1007/978-3-8350-5504-9_1

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