Analysis of strategic interaction among decision makers has recently become a major focus of economists and other social scientists. An example of such interaction includes interdependent choices of policy instruments by local or state governments. In this case, the optimal level of a jurisdiction's policy instrument depends on the levels chosen by other (perhaps neighboring) jurisdictions. Ano...

Strategic alignment, combined to strategic planning, is an important management tool. For this reason new approaches to strategic alignment promotion could help high-level management decisions and affect the organizational performance. This study of exploratory nature aims to develop an operational model of strategic alignment between business strategies and goals and information technology str...

A plan is a blueprint for solving a problem. It summarizes the decisions that have been made during the planning of that solution. In this month’s issue of Strategic Software Engineering, I want to talk about the strategic importance of planning in making plans.

It is argued that Strategic Management is concerned with ‘The Whole Organization’. The whole organization includes four main functional areas, which are marketing, operations management, finance and human resource management. Each functional area requires strategic thinking, which is thinking for the future. What a whole organization needs is to make strategic decisions and put the strategy int...

When individual petroleum-producing firms make their exploration and development investment timing decisions, positive information externalities and negative extraction externalities may lead them to interact strategically with their neighbors. If they do occur, strategic interactions in petroleum production would lead to a loss in both firm profit and government royalty revenue. The possibilit...

Management of the trade off of logistic performances has always been a key issue in industry. The trade off results from the contrasting business objectives defined at strategic management level and is part of the subsequent decisions taken at shop floor level. Therein, performance measures influence decisions. These are, in general, operational measures and might be more or less aware of the t...

We develop an integrated real options and industrial organization framework to quantify the strategic option value of technology investments. Strategic investments (e.g., R&D, capacity expansion or strategic acquisitions) are difficult to analyze based on standard approaches. Yet, it is these decisions that determine a firm’s competitive success in a changing technological and competitive lands...