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Duus, Henrik Johannsen (København, 2008)[More information][Less information]
Abstract: Current changes in business conditions may increase interest in environmental scanning and external analysis within the area of corporate strategy. Thus, strategic forecasting is gaining prominence. Strategic forecasting can be defined as the area of business economics that deals with the study and the practical application of methods, theories, models and techniques for long-term analysis of the non-proximate environment of the firm with the purpose of conducting strategic innovation. This paper distinguishes strategic forecasting from other analytical approaches and develops its theoretical basis. Finally, challenges in future theoretical development and implications for business economic theory and practices are elaborated. URI: http://hdl.handle.net/10398/7674 Files in this item: 1
cme 2008-017.pdf (200.8Kb) -
what do we know and need to know?Mahnke, Volker; Overby, Mikkel Lucas; Vang, Jan (København, 2003)[More information][Less information]
Abstract: This paper presents a review of existing theoretical perspectives and empirical work on strategic IT outsourcing. By presenting the main findings of various recent studies and elaborating on current research gaps it conveys a picture of the past research, the present findings and the future applications of IT outsourcing. Prior research has generated theoretical insights and largely qualitative evidence on IT outsourcing. While quantitative studies remain sparse, limited to decisionmaking and performance, there is a lack of quantitative empirical research examining outsourcing processes more comprehensively. This paper outlines a simple, yet integrative process model and develops propositions, which serve to integrate and compare theoretical strands, to evaluate existing empirical research and to stimulate new avenues of empirical research. URI: http://hdl.handle.net/10398/6479 Files in this item: 1
mahnkeoverbyvang2003cbswp.pdf (352.3Kb) -
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Andersen, Torben J.; Joshi, Mahesh P. (København, 2008)[More information][Less information]
Abstract: The strategic orientations of global integration and local responsiveness (the I-R framework) continue to dominate analyses of internationalization strategies and identify the basic strategy typologies of multinational enterprise. Much effort has been devoted to verify the generic strategies established within the original I-R framework but few studies have investigated their implied performance effects. In conformity with the foundations of the I-R framework we characterize the strategic orientations by their implied corporate decision structures and strategy processes and analyze their performance associations in two distinct industrial environments. The evidence from this analysis contradicts predictions in the conventional I-R framework. We explain this conundrum from a resource-based perspective as firms operating in technology intensive environments outperform when they have access to diverse multinational resources whereas firms in common goods businesses gain economies from global product standards. URI: http://hdl.handle.net/10398/7428 Files in this item: 1
smg wp 2008-11.pdf (370.4Kb) -
The case of the US express delivery industryMahnke, Volker; Overby, Mikkel Lucas; Özcan, Serden (København, 2004)[More information][Less information]
Abstract: IT-enabled innovations are of increasing importance for competitive success in a range to develop associated competencies - in-house and/or through outsourcing - consequential for creating and sustaining competitive advantage. Against the backdrop of the importance of IT-enabled innovation, the key concern of this chapter is to address the crucial question: How do capability development strategies differ between first-movers and late entrants in IT-enabled services. We develop theory based on three explorative case studies – FedEx, UPS and DHL. An analysis of the three companies reveals that governance choices are influenced by a company’s attempts to create, imitate, and/or leapfrog IT-enabled innovation in varying technological regimes. of industries including express delivery services. How companies choose associated competences - in-house and/or through outsourcing - is conseqcreating and sustaining competitive advantage. Against the backdrop of the of IT-enabled innovation, the key concern of this chapter is to address URI: http://hdl.handle.net/10398/6499 Files in this item: 1
18-2004.pdf (538.4Kb) -
Andersen, Torben Juul; Roggi, Oliviero (Frederiksberg, 2012)[More information][Less information]
Abstract: Major corporate failures, periodic recessions, regional debt crises and volatile markets have intensified the focus on corporate risk management as the means to deal better with turbulent business conditions. Hence, the ability to respond effectively to the often dramatic environmental changes is considered an important source of competitive advantage. However, surprisingly little research has analyzed if the presumed advantages of effective risk management lead to superior performance or assessed important antecedents of effective risk management capabilities. Here we present a comprehensive study of risk management effectiveness and the relationship to corporate performance based on panel data for more than 3,400 firms accounting for over 33,500 annual observations during the turbulent period 1991- 2010. Determining effective risk management as the ability to reduce earnings and cash flow volatility, we find that it has significant positive relationships to lagged performance measures after controlling for industry effects and company size. We also find that availability of slack resources and investment commitments affect the risk management capabilities and their relationship to performance. URI: http://hdl.handle.net/10398/8696 Files in this item: 1
Torben Andersen.pdf (170.6Kb) -
Juul Andersen, Torben (København, 2005)[More information][Less information]
Abstract: Liberalizations of international trade and improvements in communication and information technologies allow companies to organize around extensive multinational structures of cross-border sourcing networks. In a freely interacting market setting multinational enterprise is exposed to financial and economic risks that can be monitored within conventional reporting systems and managed through use of various derivative instruments. All the while, a dispersed multinational structure can be vulnerable to disruptions caused by changing economic conditions, competitive moves, and geopolitical developments as well as natural disasters and terrorist events that are difficult to forecast. Consequently, current risk management techniques span from conventional gap analyses and quantitative value-at-risk measures of market-related exposures to more qualitative assessments of competitive exposures and low-frequency high-impact disaster events based on scenario analyses. Hence, there is a need to consider risk management approaches that integrate relatively transparent financial exposures with the consequences of uncertain and hard-to-quantify event risks. This paper outlines the contours of such a strategic risk management framework incorporating conventional exposure measures and simulation techniques to assess vulnerability and responsiveness in a turbulent global setting. URI: http://hdl.handle.net/10398/7426 Files in this item: 1
smg wp 2005-003.pdf (526.7Kb) -
Lobontiu, Gabriela (København, 2002)[More information][Less information]
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En kortlægning af styringsmæssig kontekst, strategisk tilgang, samt anvendte redskaber og teknologier for udvalgte danske statslige styrelserFroholdt, Morten (Frederiksberg, 2013)[More information][Less information]
Abstract: Siden begyndelsen af 1980erne har den offentlige sektor i Danmark, og flere andre vestlige lande, været genstand for en moderniseringsproces. En moderniseringsproces, der har ført til nye måder at tænke og bedrive offentlig administration og ledelse på, herunder anvendelsen af organisatorisk strategi i en offentlig kontekst. Formen, sådanne organisatoriske strategier antager i en offentlig kontekst, er dog i høj grad et uudforsket område, hvilket er omdrejningspunktet for nærværende afhandling og følgende fundamentale forskningsspørgsmål: Hvordan tager strategi og strategisk ledelse form i en dansk offentlig kontekst? For at besvare ovenstående forskningsspørgsmål, er der udviklet et konceptuelt framework, som tillader en analyse og kortlægning af specifikke variable med relevans for den form, strategi og strategisk ledelse antager i en offentlig kontekst. De variable, der anvendes som analytisk linse i det konceptuelle framework, vedrører en organisations styringsmæssige kontekst, strategiske tilgang samt anvendte redskaber og teknologier. Analysen og kortlægningen af den styringsmæssige kontekst trækker på en række forskningsmæssige bidrag omkring eksisterende styringsparadigmer og deres karakter. Den strategiske tilgang er analyseret og kortlagt med udgangspunkt i Whittingtons (2001) strategiske perspektiver samt yderligere forskningsmæssige bidrag vedrørende de enkelte perspektiver.... URI: http://hdl.handle.net/10398/8700 Files in this item: 1
Morten_Froholdt.pdf (2.731Mb) -
Duus, Henrik Johannsen (København, 2007)[More information][Less information]
Abstract: Der kan forventes en øget interesse for virksomhedens eksterne omgivelser i strategilægningen i forbindelse med ændringer i virksomhedernes erhvervsbetingelser. Dette aktualiserer Strategisk Forecasting, som kan defineres som det område af erhvervsøkonomien, der omhandler studiet og anvendelsen af metoder, teorier og teknikker, som understøtter langsigtede analyser af virksomhedernes fjernmiljø i forbindelse med den strategiske iværksættelse af innovative aktiviteter. Dette paper afgrænser området i forhold til andre typer af analyser og udvikler det teoretiske grundlag bag området. Afslutningsvis specificeres udfordringerne i den fremtidige teoretiske udvikling og implikationerne for den erhvervsøkonomiske praksis i virksomhederne. URI: http://hdl.handle.net/10398/7680 Files in this item: 1
cme 2007-014.pdf (257.2Kb) -
Sløk, Camilla; Ryberg, Marie (Frederiksberg, 2010)[More information][Less information]
Abstract: Denne rapport undersøger, hvordan strategisk ledelse bliver beskrevet i kvalitative interviews med 22 skoleledere fordelt over størstedelen af landet. Dvs. kommunerne Odense, Fåborg-Midtfyn, Assens, Nyborg, Fredericia, Syddjurs, Skanderborg, Mariager Fjord, Silkeborg, Frederikshavn, Aalborg, Ringkøbing-Skjern, Varde, Fredensborg, Rudersdal, Lyngby-Taarbæk, Frederiksberg, Haderslev, Gladsaxe og Køge. Baggrunden for undersøgelsen er OECD’s kritik (2007) af, at der foregår for lidt strategisk ledelse i folkeskolen og for meget pædagogisk/faglig ledelse. Formålet med undersøgelsen var gennem interviews at skabe forståelse for, hvordan skoleledere selv 1) forstår og 2) arbejder med strategisk ledelse, når man giver dem ordet i en interviewundersøgelse. URI: http://hdl.handle.net/10398/8271 Files in this item: 1
Strategisk_ledelse_i_folkeskolen.pdf (745.4Kb) -
Overvejelser om iværksættelse af kommunikation og valg af tegn i en professionel kontekstBak, Annette Cecilie; Nørgaard, Jens Lautrup (København, 2006)[More information][Less information]
Abstract: Semiotikken er først og fremmest en teori om betydning og en analytisk ramme om betydningsdannelse. Dermed er semiotikken grundlæggende rettet mod den allerede foreliggende kommunikation. Imidlertid kan semiotik også bringes i frugtbar anvendelse i en fremadrettet iværksættelse af kommunikation, der søger at kombinere kommunikativ handling med reflektorisk skarphed. Det er formålet i dette paper at indtænke semiotikkens refleksion i en fremadrettet kommunikationspraksis. Paperet er motiveret af konkrete undervisningssammenhænge, og dets sigte er primært didaktisk. URI: http://hdl.handle.net/10398/6853 Files in this item: 1
fremadrettetsemiotik.pdf (302.7Kb) -
Holm Larsen, Michael; Kühn Pedersen, Mogens (København, 2001)[More information][Less information]
Abstract: Knowledge management is rarely found in a strategy context. Although some companies already have introduced the role of a chief knowledge officer, knowledge management is not treated as a strategic endeavour. Furthermore, contributions from an academic point of view are scarce in the field of the strategic issues of knowledge management. This paper contributes with some insight in pointing out the strategic question that knowledge management might provide answers for: The efficiency issue of stategic positioning. Furthermore, the paper emphasises the distinction between symmetric and asymmetric incentives in business relations, and on this basis identifies the notion of Distributed Knowledge Management as a means for creating efficiency strategies with symmetric incentives in business relations. In this way a strategic agenda for knowledge management is identified. URI: http://hdl.handle.net/10398/6864 Files in this item: 1
linkwp01-17.pdf (90.85Kb) -
Lyck, Lise (Frederiksberg, 2012)[More information][Less information]
Abstract: The long term tendencies for the EU economic development is not particular prosperous. The reason is found in the fact that both the GDP in the EU countries in relation to the world GDP as well as the size of the EU population in relation to the world population are decreasing. This implies relatively lower incomes in the EU and a change in the average age of the population with relatively more elderly people and an increased need for public services and a relatively smaller labor force. This long term development is also distinctive for the development in the Baltic Sea Region countries. The development implies that more export to the rest of the world as well as more tourists coming from the rest of the world to the EU should be on the main EU political agenda as well as on the agenda for the Baltic Sea countries. It is simply needed if the Baltic Sea Region countries shall continue to have an economic development with economic growth. The economic and financial crisis since September 2008 has deepened the problematic situation. It was seen in the press release after the G20 meeting in June 2012. Here, tourism was mentioned for the first time by the G20 countries and it was stressed that tourism development worldwide has to be given priority, as a policy to create jobs and to create economic growth as well as a recovery policy (WTTC, 2012). Tourism in this context includes transportation, shopping, attractions and events, accommodation and meals, i.e. all elements in leisure and business tourism. EU had already given more attention to tourism by including tourism in the Lisboan Treaty, approved during 2007 and ratified in 2008. Part One of the Treaty on the Functioning of the European Union provides that tourism falls within those actions designed to ‘support, coordinate or supplement the actions of the Member States’, i.e. within the EU’s powers to support the Member States (Article 6(d)). The new legal basis (Article 195, Part 3) develops this concept, by stipulating that the Union shall complement the action of the Member States in the tourism sector, in particular by promoting the competitiveness of Union undertakings. There is thus no standalone European policy on tourism; instead, the EU tries to encourage a favorable framework for economic development and facilitate cooperation between Member States in that area, through the exchange of good practices. URI: http://hdl.handle.net/10398/8716 Files in this item: 1
Lise_Llyck_4.pdf (1.328Mb) -
past debates, central questions, and future research possibilitiesFoss, Nicolai Juul (København, 2002)[More information][Less information]
Abstract: The role of transaction cost economics in developing research in strategy has been a hotly debated topic over the last decade. This paper presents the radical argument that transaction cost insights are more than merely useful complements to existing approaches to strategy. Rather, they are necessary for adequately understanding the nature of strategizing. This is because transaction costs are essential aspects of processes of creating, capturing and protecting value. If transaction costs are zero, these processes do not pose any strategic problems; strategizing is trivialized in such a world. When transaction costs are positive, on the other hand, opportunities for value creation through the reduction of inefficiencies caused by transaction costs exist, and protecting and appropriating value are costly activities that dissipate value. Also, contracting and expectations enter as central aspects of strategizing. Arguments are provided for why economizing (with transaction costs) is more fundamental than strategizing (in the sense of exploiting market power). Thus, the paper argues that models in which the fullest possible account of transaction costs is made be used as the proper foundations and benchmarks for economics-based strategy research, rather than the patched-up competitive equilibrium models that are now used, more or less implicitly, as the benchmark in important parts of strategy research, most notably in the resource-based view. URI: http://hdl.handle.net/10398/6911 Files in this item: 1
druid02-04.pdf (448.9Kb) -
Juul Andersen, Torben; Fredens, Kjeld (Frederiksberg, 2011)[More information][Less information]
Abstract: Corporate entrepreneurship is deemed essential to uncover opportunities that shape the future strategic path and adapt the firm to environmental change (e.g., Covin and Miles, 1999; Wolcott and Lippitz, 2007). At the same time, rational central processes are important to execute strategic actions in a coordinated manner (e.g., Baum and Wally, 2003; Brews and Hunt, 1999; Goll and Rasheed, 1997). That is, the organization’s adaptive responses and dynamic capabilities are embedded in integrative structures that accommodate dispersed business initiatives. The dual concerns for integration and entrepreneurial behavior are reflected in the conjoint need for effective routines and exploratory search in adaptive systems (e.g., Pfeifer and Bongard, 2007; Sutton and Barto, 1998). It has also been expressed as a need to balance exploitation and exploration (March, 2001) and configure ambidextrous organizational forms (e.g., O’Reilly and Tushman, 2008; Tushman and O’Reilly, 2004). In strategy research, optimization and rejuvenation perspectives have variously been described as intended and emergent strategies (Mintzberg, 1978; Mintzberg and Waters, 1985), top‐down and bottom‐up strategies (Nonaka, 1987), induced and autonomous strategy processes (Burgelman, 2005; Burgelman and Grove, 1996, 2007), central planning and decentralized initiatives (Andersen, 2000, 2004, Andersen and Nielsen, 2009). Burgelman and Grove (2007) outline such a combined strategy process and observe how central direction and dispersed exploration can change over time influenced by strategic leadership. URI: http://hdl.handle.net/10398/8552 Files in this item: 1
Andersen_Fredens_SMG.pdf (286.1Kb) -
some thoughts on the transaction cost foundations of firm strategyFoss, Nicolai Juul (København, 2000)[More information][Less information]
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Poulsen, Thorbjørn; Plenborg, Thomas; Rohde, Carsten (Frederiksberg, 2009)[More information][Less information]
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J. Foss, Nicolai, Volker Mahnke (København, 1998)[More information][Less information]
Abstract: We argue that strategizing fundamentally concerns disequilibrium phenomena, such as discovery, innovation, resource-combination, imagination - in short, entrepreneurship. Therefore, the understanding of strategizing is likely to be led astray by drawing too heavily on equilibrium theories. Arguably, the three dominant economic approaches to strategy - the Porter industry analysis approach, the new industrial organization, and the ressourcebased approach - are characterized precisely by their strong reliance on equilibrium methodology. We argue that the market process approach in its Austrian version offers much inspiration for bringing process issues to bear on strategy issues. URI: http://hdl.handle.net/10398/8093 Files in this item: 1
8778730686.pdf (107.6Kb) -
Mahnke, Volker; Foss, Nicolai J. (Frederiksberg, 1998)[More information][Less information]