Business transformation under uncertainty: Understanding the value of strategic flexibility

被引：2

作者：

Su N. ^{[1
]}

Akkiraju R. ^{[2
]}

Nayak N. ^{[2
]}

Goodwin R. ^{[2
]}

机构：

[1] Leonard N. Stern School of Business, New York University, New York, NY 10012

[2] IBM T. J. Watson Research Center, Hawthorne, NY 10532

来源：

International Journal of Services Operations and Informatics | 2010年 / 5卷 / 01期

关键词：

Business transformation; Strategic flexibility; Valuation;

D O I：

10.1504/IJSOI.2010.031048

中图分类号：

学科分类号：

摘要：

Firms that grow through mergers and acquisitions often need to deal with duplicate and disparate business functions. Specifically, firms often need to transform and optimise their business processes through simplification, standardisation, consolidation, insourcing and/or outsourcing. In order to decide whether and how to perform these transformation initiatives, firms need to estimate the value of different transformation approaches. Conventional valuation approaches tend to focus on foreseeable cost savings. In this study, we propose that in a turbulent global business environment, the value of strategic flexibility, which may be embedded in different business transformation approaches, should be explicitly incorporated in such valuation. Copyright © 2010 Inderscience Enterprises Ltd.

引用

页码：53 / 63

页数：10

共 7 条

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