Success in changing environments : strategies and key influencing factors

Author(s)

    • Stoll, Manuela
    • Schäffer, Utz

Bibliographic Information

Success in changing environments : strategies and key influencing factors

Manuela Stoll ; Mit einem Geleitwort von Utz Schäffer

(Gabler Edition Wissenschaft, . Research in management accounting & control / herausgegeben von Utz Schäffer)

Deutscher Universitätsverlag, 2007

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Note

Includes bibliographical references (p. 191-227)

Originally published as the author's thesis--European Business School, 2006

Description and Table of Contents

Description

Manuela Stoll 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. She shows that adapting to change has an important effect on firm performance and is mainly influenced by a firm's industry foresight abilities. She also illustrates how these abilities can be strengthened.

Table of Contents

Requirements for a theory in light of the research objective Comparison of important economic theories The resource-based view: Main elements and causal relationships The resource-based view: Critique and potential for advancements Strategies to deal with change Contingency of strategies on internal and external factors

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