Strategic renewal: Can it be done profitably?

نویسندگان

چکیده

Industry transformation requires strategic renewal at the level of individual firms. Executives then face dilemma choosing paths in uncertainty over competitive environment future, and hence profitability potential strategies. This motivates us to study industry from perspective among 208 large firms global pulp paper industry. The findings our qualitative comparative analysis show that only a minority sample succeeded profitable proactive renewal. Content-wise, there were similarities pursued strategies wider population, but few maintained superior while proactively renewing. Our results, overall, highlight importance understanding processual nature execution

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ژورنال

عنوان ژورنال: Long Range Planning

سال: 2022

ISSN: ['1873-1872', '0024-6301']

DOI: https://doi.org/10.1016/j.lrp.2021.102179