Success in Changing Environments: Strategies and Key Influencing Factors (Research in Management Accounting & Control) - Softcover

Stoll, Manuela

 
9783835005150: Success in Changing Environments: Strategies and Key Influencing Factors (Research in Management Accounting & Control)
Softcover
ISBN 10: 3835005154 ISBN 13: 9783835005150
Publisher: Deutscher Universitätsverlag, 2007

Synopsis

To ensure their long-term survival and prosperity, many industries have to deal with increasingly dynamic and complex environments. Due to this situation, they are confronted with major challenges.

Manuela Stoll investigates why some firms cope with change successfully, while others do not. She focuses on two strategies to address change: adapting to change and creating change. Using a large-scale survey among top executives of manufacturing firms in Germany, she evaluates the importance of a range of resources, competences, and “isolating mechanisms” (shields against imitation) for the success of these strategies. The results show that adapting to change has an important effect on firm performance and is mainly influenced by a firm’s industry foresight abilities. A separate analysis illustrates how these abilities can be strengthened.

"synopsis" may belong to another edition of this title.

About the Author

Dr. Manuela Stoll promovierte bei Prof. Dr. Utz Schäffer am Lehrstuhl für Controlling der European Business School, Oestrich-Winkel. Sie ist in den Bereichen Risikomanagement und Konsumgüter bei McKinsey & Company tätig.

From the Back Cover

To ensure their long-term survival and prosperity, many industries have to deal with increasingly dynamic and complex environments. Due to this situation, they are confronted with major challenges.

Manuela Stoll investigates why some firms cope with change successfully, while others do not. She focuses on two strategies to address change: adapting to change and creating change. Using a large-scale survey among top executives of manufacturing firms in Germany, she evaluates the importance of a range of resources, competences, and “isolating mechanisms” (shields against imitation) for the success of these strategies. The results show that adapting to change has an important effect on firm performance and is mainly influenced by a firm’s industry foresight abilities. A separate analysis illustrates how these abilities can be strengthened.

"About this title" may belong to another edition of this title.

Publisher
Deutscher Universitätsverlag
Publication date
2007
Language
English
ISBN 10 
3835005154
ISBN 13 
9783835005150
Binding
Paperback
Number of pages
246