August 2014 169 factors affecting effective strategy implementation in a service industry. International journal of business environment ijbe. Business strategy and the environment with an impact factor of 3. Importance of strategic management in business expert. The family business is one of the business entities that contribute to the economy of a country. Business strategy news articles for ceos, corporate executives, and decision makers who influence international business management. Gsj publishes material dealing with a number of prominent themes, including. Business strategy and the environment is the leading academic journal in its field with double blind refereed contributions of a high quality. The underlying thinking of the pest analysis is that the enterprise has to react to changes in its external environment. Strategy in business management is the fullest extent of clarifying the confusion that occurs among the different functions of the business, regulating determined characteristics of general aims and selective decisions about reaching to optimum in an economic environment. When companies improve the sustainability of the natural environment. The result can be a tradeoff between a healthy environment on the one hand. Special issue of business, strategy and the environment.
Analysis of environmental factors that affects the success and failure of the small and medium sized tourism enterprises smete and implication of a rational strategic management model nedim yuzbasioglu asist prof. There are key factors in the employees workplace environment that impact greatly on their level of motivation and performance. This study aims to evaluate natural environmental policies of businesses in terms of. To capitalize on the growth potential existing within many divers markets, strategy. How small businesses master the art of competition through. The global strategy journal is targeted at publishing the most influential manageriallyoriented global strategy research in the world. The influence of green marketing strategies on business performance and.
The interplay between stakeholders, resources and capabilities in climate change strategy. The influence of micro and macro environment components. Many enterprises seek to enhance the effectiveness of their total quality management through the implementation of green marketing strategies. The strategic management field requires both the formulation of competitive strategy and the implementation of that strategy by the organization. Configurations of manufacturing strategy, business strategy. The literature directly focused on business responses during recession is limited and partial. To learn about our use of cookies and how you can manage your cookie settings, please see our cookie policy. Manuscript services were pleased to work in partnership with editage who can help you get your research submissionready with language editing and translation, visuals or consulting. Keong leong ohio state university by developing strategic configurations which describe commonly. Among the selected studies, asia represents countries like japan, china, turkey, and iran only.
Moreover, we argue that the composition of the committee i. Lesson 1 business and its environment nature of business business may be understood as the organized efforts of enterprise to supply consumers with goods and services for a profit. Factors affecting effective strategy implementation in a. The aim will be to replicate that success for the new journal over time. Business strategy and the environment wiley online library. However, the researchers is looking for conducting analytical study to evaluate business strategy elements and e. Business models, business strategy and innovation david j. A common response is stricter environmental regulation, which often inhibits growth. Emerald journal of business strategy information author. Pdf the importance of strategic management to business. Each journal has an editorial team page which will list the content editor for that journal. Resourcebased perspective, journal of environmental management.
Oae searches for insightful contributions to the academic, managerial and policy debates related to the sustainable development of organizations, grounded on sound business scholarship as well as high quality social, environmental or life science research. Next was acquired shortly thereafter that and steve jobs was able to make his way back into apple apple history, 2015. The journal provides original contributions that add to the understanding of business responses to improving development and contributing to national and international development goals. Business strategy and the environment scimago journal rank. The digital revolution has substantially changed the business environment.
This study explores the relationship between board environmental committees and corporate environmental performance cep. In todays competitive business environment, organizations can no longer afford to waste the potential of their workforce. Corporate strategy, competition, marketing strategies, and leadership. Pdf environmental strategies and green product development. The business strategy leads a company through business environment for more or less ambitious targets, which are extraordinary performance or survival at least. Second, approaches for business strategy and the environment will be given. During the 1970s, business success increasingly became associated with market growth. Business strategy for sustainable development iisd.
University of nigde school of business studies, nigde email. In this issue, we publish 11 papers on various topics in the business strategy and hope you will find them useful. Definition of business environment and strategic management. In the activity of any companies the environment plays a key role in defining its strategies in seizing and using opportunities of development, being. We obtained 288 valid questionnaires and used structural equation. The role of board environmental committees in corporate. Environmental strategy in the global banking industry within the varieties of capitalism approach. Business strategies for sustainable development based on the book business strategy for sustainable development. This study examines the extent to which enabling and controlling uses of management control systems mcs moderate the relationship between environmental innovation strategy and organizational performance. Cultural values and their implications to family business succession.
Therefore, this research aims to assess the acquired knowledge of university management students relating to strategy and strategic management concepts with the purpose of answering the. An academic journal publishing original papers that examine current trends, problems, and issues of. International journal of business and social science vol. This paper entails the concepts of strategy, strategic planning, strategic thinking, strategic management and the importance of strategic management.
Environmental innovation strategy and organizational. From this angle, business environment refers to all external factors which will influence the activities of business. From strategy to business models and to tactics ramon casadesusmasanell joan enric ricart november 2009 abstract the notion of business model has been used by strategy scholars to refer to the logic of the firm, the way it operates and how it creates value for its stakeholders. The results indicate that legislation does result in general environmental awareness, and that organizations are then willing to. Overview business strategy and the environment wiley. Relationship between business strategy and business model. In this paper, i will discuss some critical business strategies, which linked to the companys structure and external environment. Pdf analysis of change models and evolving business. In 1996, next won a bid to provide an operating system firmware to apple apple history, 2015. A business strategy keeps a company in an industry at some position. Although much has been written on business performance of smes, this study explored the extent to which the adoption of strategic management practices among smes in nigeria has increased their transaction volumes, number of customers, market shares and consequently their business performances. It seeks to provide original contributions that add to the understanding of business responses to improving environmental performance.
A mindfully or mindlessly crafted and implemented strategy would respectively produce a positive or negative environmental impact. The publication of the book, corporate strategy, by h. Research on strategy topic from geographical point of view in strategy implementation research, usa and the uk have dominated comparatively to rest of the world. However, despite their actions they have little awareness of the benefits that might arise from cost reductions from their environmental friendly practices. Although an organization cannot have much direct influence on its broad environment i. Business strategy equips the top management with an integrated framework, to.
As in the journal of business strategy, the strategic management is defined as a process, during which an organization develops its strategies, that begins with missions and visions made tangible as firmwide goals and objectives. A study of electricity distribution companies in the sultanate of oman dr. Corporate social responsibility and environmental management. This paper deals with the impact of micro and macro environment components on trade companies in romania. Chaneta department of business studies faculty of commerce university of zimbabwe abstract wheelen and hunger 2002 say that strategic management is a set of managerial decisions and actions that determines the longrun performance of an organization.
We propose that board environmental committees will be positively associated with cep. Journal of business strategy available volumes and issues. By closing this message, you are consenting to our use of cookies. It examines links between competitive strategy and development with an emphasis on the private sectors role in alleviating poverty and improving the livelihoods of low income populations. The importance of strategic management to business organizations. Strategic management process strategic management process dr i. The moderating role of gender diversity and board members with specific skills. We proudly present to you a new issue of international journal of business strategy ijbs, volume 11, number 2, 2011, a publication of the international academy of business and economics.
A firms strategy can have a negative or positive implication on the environment. Purpose this study aims to examine the moderating effects of external environment and organisational structure in the relationship between business. Business strategy and development will become the sister journal of the highly successful journal. Natural environment as a strategic issue for firms.
Identification of strategy implementation influencing factors. Modeling the impacts of corporate commitment on climate change. Igor ansoff was a major event in the 1965 world of management. However, some experts have used the term environment in a broader sense. The companys strategy is a strategy developed in a business so that the company will compete by changing the distinctive competence into competitive advantage moses hubeis, 2008. The case is suitable for a business strategy or human resource strategy class. A business strategy is a set of competitive moves and actions that a business uses to attract customers, compete successfully, strengthening performance, and achieve organisational goals. Business strategy and the environment business strategy and the environment is the leading academic journal in its field with double blind refereed contributions of a high quality. This chapter is about the influence of the external environment on organizations.
Bressler southeastern oklahoma state university abstract identifying and developing sustainable competitive advantage could be considered one of. Most banks have acknowledged the importance of new technologies to improve. It seeks to provide original contributions which add to the understanding of business responses to improving environmental performance. Business strategy and organizational performance there is a clear dearth of studies in asia on strategy performance linkage applying miles and snow typology. The journal of business strategy has a distinctly practical bent and is geared toward senior and middle managers in organizations and industries throughout the world. Levels of strategy a typical business firm should consider three types of strategies, which form a hierarchy as shown in figure 1. Business strategy and the environment bse is the leading academic journal. Pdf business strategy and the environment arne nygaard. The effect of green marketing strategy on business. Jbs was established more than 25 years ago and contains articles from leading academics as well as business writers and consultants. The aim of this study was to explore the influence of green marketing strategies on business performance by surveying all the 1287 organic farms certified and registered in taiwan. The search was, therefore, extended to wider literatures on business responses to environmental shocksjolts, endgame strategies in declining. Partial least squares structural equation modeling is used to analyze survey data collected from top managers in 175 manufacturing and services sectors representing.
Research on business strategy and performance evaluation in collaborative design. International journal of business environment from inderscience publishers fosters research on how firms behave in different types of environment and examines external influences on businesses international journal of business environment ijbe inderscience publishers linking academia, business and industry through research. Issue 23 2009 the practice of innovation design in process. Identification of strategy implementation influencing. Issue 6 2019 corporate communication transformation of strategy. Businesses vary in size, as measured by the number of employees or by sales volume.
The case is appropriate for use at the undergraduate or masters level. The workplace environment that is set in place impacts. As early as it came in this literature, the book represented a kind of crescendo in the development of strategic planning theory, offering a degree of elaboration. The theory of business strategy article pdf available in the rand journal of economics 201. The business strategy of mcdonalds semantic scholar. Trade companies organize and operate under specific environmental conditions impact or both.
Journal of family business management emerald insight. Macro environment moderating effects on strategy and performance. Concepts and methods of analysis of the internal environment in relation to the determination of the organizations strategy, further can be mapped into. In business world each decade seems to bring a new way of thinking about the business environment a paradigm and new ways of acting corporate strategies belohlav, 1996. Tesco plcs declining financial performance and underlying issues 2015. In the first section, i will give brief introduction to the success of mcdonalds. Haddockmillar, julie and rigby, chris, business strategy and the environment. It outlines how business should be carried out to reach the desired ends. Business strategy and the environment rg journal impact. Teece whenever a business enterprise is established, it either explicitly or implicitly employs a particular business model that describes the design or architecture of the value creation, delivery, and capture mechanisms it employs. Environment is defined as something external to an individual or organization. Issn 1870557x 69 of society is not unique and exclusive to the institutions, the business environment relationship first take an important role in the development of society, reflected in the economy and the standards of quality of life.
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