The characteristics of today's competitive environment, such as the speed with which products are designed, manufactured, and distributed, and the need for higher responsiveness and lower operational cost, are forcing companies to search for innovative ways to do business. The concept of agile manufacturing has been proposed in response to these challenges for companies. This ...

Many executives have grown skeptical of strategic planning. Is it any wonder? Despite all the time and energy that go into it, strategic planning most often acts as a barrier to good decision making and does little to influence strategy. Strategic planning fails because of two factors: It typically occurs annually, and it focuses on individual business units. As such, the process is completely ...

We study the strategic similarity of game positions in two-player extensive games perfect information by looking at structure their local trees, with aim improving performance game-playing agents detecting forcing continuations. present a range measures over induced trees and compare them against benchmark problems chess, observing promising level accuracy matching up trap states. Our results c...

Alignment between business strategy and IS strategy is relevant to most large organizations today. We build on the literature on alignment and strategic IS planning to study patterns of antecedents that explain planning decisions. When addressing misalignment risks: Are there systematic differences in the patterns of antecedents that explain decision-making across differing strategic orientatio...

A friendship game in game theory is a network game in which a player's immediate neighbors on the network are considered friends. Two friendship-based game models are examined: strategic complements and strategic substitutes. Strategic complements represent decisions for which it is preferable to do what one's friends are doing, such as adopting a common software product. Strategic substitutes ...

Achieving dramatic cost savings through outsourcing is one avenue managers can choose for value creation. Another is capitalizing on a strategic focus. Organizations that have identified the core or distinctive competence of their business, including IT core processes, are theoretically better able to concentrate on competitive strengths. By divesting themselves of activities unrelated or margi...

When individual petroleum-producing firms make their exploration decisions, information externalities and extraction externalities may lead them to interact strategically with their neighbors. If they do occur, strategic interactions in exploration would lead to a loss in both firm profit and government royalty revenue. Since these strategic interactions would be inefficient, changes in the gov...