Opening up strategy formulation: Benefits, risks, and some suggestions

被引:25
作者
Adobor, Henry [1 ]
机构
[1] Quinnipiac Univ, Sch Business, 275 Mt Carmel Ave, Hamden, CT 06518 USA
关键词
Open strategy; Stakeholder involvement; Strategy planning; Diversity of ideas; INNOVATION PERFORMANCE; PARTICIPATION; DIMENSIONS; OWNERSHIP; PATTERNS;
D O I
10.1016/j.bushor.2019.01.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
Strategy is an important tool for competitive success and how firms formulate and implement strategy is widely discussed in both the academic and practitioner literature. Historically, there has been a divide between strategy formulation and execution. Strategy formulation has largely been associated with top management teams, while implementation was assigned to middle and lower level managers. Organizations can benefit from broadening the strategy formulation process to include a range of both external and internal stakeholders. In this article, we explore the promise and risks associated with open strategy and offer some suggestions for overcoming associated dysfunctions. (C) 2019 Kelley School of Business, Indiana University. Published by Elsevier Inc. All rights reserved.
引用
收藏
页码:383 / 393
页数:11
相关论文
共 47 条
[1]   Management simulations: determining their effectiveness [J].
Adobor, Henry ;
Daneshfar, Alireza .
JOURNAL OF MANAGEMENT DEVELOPMENT, 2006, 25 (02) :151-168
[2]  
Andrews K.R., 1971, CONCEPT CORPORATE ST
[3]  
[Anonymous], 2017, COMPETITIVE STRATEGY
[4]  
Ansoff H.I., 1965, CORPORATE STRATEGY
[5]   Crowdsourcing Strategizing: Communication Technology Affordances and the Communicative Constitution of Organizational Strategy [J].
Aten, Kathryn ;
Thomas, Gail Fann .
INTERNATIONAL JOURNAL OF BUSINESS COMMUNICATION, 2016, 53 (02) :148-180
[6]   Social Media and the Emergence of Reflexiveness as a New Capability for Open Strategy [J].
Baptista, Joao ;
Wilson, Alexander D. ;
Galliers, Robert D. ;
Bynghall, Steve .
LONG RANGE PLANNING, 2017, 50 (03) :322-336
[7]   FIRM RESOURCES AND SUSTAINED COMPETITIVE ADVANTAGE [J].
BARNEY, J .
JOURNAL OF MANAGEMENT, 1991, 17 (01) :99-120
[8]  
Chandler A.D., 1962, STRATEGY STRUCTURE
[9]  
Chesbrough H., 2003, OPEN INNOVATION
[10]  
Chiu R.K., 1998, Journal of Managerial Psychology, V13, P318