Cultural Influences on the Process of Strategic Management : Using Scenario Planning for Decision Making in Multinational Corporations

Language: English

Published by Springer, 2021

3030866599 / 9783030866594

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - This unique book is positioned at the crossroads of strategic management and international business. Based on an in-depth literature review, the author empirically assesses the widely shared, implicit assumption that strategic management processes can be globally applied in a standardized, i.e., culture-free, manner. So far, a variety of tools have also been recommended but without incorporating cultural differences. As many organizations observe that this ethnocentric view is more an illusion than reality, strategic management research has started to focus on the cultural sensitivity of its theories, tools, and processes to provide practitioners in a multicultural setting with adequate know-how and tools. To foster long-term decision-making despite uncertainty, scenario planning is frequently applied by practitioners. Up until today, scenario planning has however gained little attention from the academic community.Through this book, the author presents a newly developedframework for strategic management that combines the cultural value scale to test the cultural sensitivity of the long-term planning tool called 'scenario planning.' The different process steps of scenario planning have been individually examined for their sensitivity toward the cultural dimensions of uncertainty avoidance and long-term orientation. The investigation is based on a unique, global set of management consultants working for a leading professional service firm. The results of this research show the cultural sensitivity of scenario planning, with different degrees of the process steps and the tested cultural dimensions. …

Seller Inventory # 9783030866594

Title
Cultural Influences on the Process of Strategic Management : Using Scenario Planning for Decision Making in Multinational Corporations
Author
Andreas Michael Schühly
Publisher
Springer
Publication year
2021
Condition
Neu
Binding
Buch
Language
English
ISBN 10
3030866599
ISBN 13
9783030866594
Item weight
706 grams
Dimensions
241x160x27 mm

AHA-BUCH GmbH

Einbeck, Germany

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