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Full Description
This cutting-edge book brings together an international team of academics to paint a global picture of business strategy in response to recent shocks, from the COVID-19 pandemic to rapid climate change.
Drawing on novel empirical research and nuanced methodologies, this book provides actionable strategies for overcoming future crises. Chapters represent a broad range of core industries, such as education, Information and Communications Technology (ICT), energy and real estate. They explore how a wide variety of companies deal with shifting client consumption patterns, supply chain fractures and government restrictions. Strategic Response to Turbulence is an essential navigational tool to enhance competitive advantages of firms operating in turbulent environments.
Assessing case studies from a broad range of geographical locations, this book is useful for students and scholars of geography, management, entrepreneurship, leadership and organisational behaviour. It is beneficial for those working in leadership positions seeking to understand how to overcome unforeseen challenges in different industries.
Contents
Contents
1 Managing strategic change in times of global volatility: an
introduction 1
Karol Marek Klimczak and Yochanan Shachmurove
2 Metamorphosis: Facebook's strategic transformation into Meta 13
Marco Tulio Daza-Ramírez
3 Lessons from emergency remote teaching adaptation and its
enduring impact: the case of UTEPSA in Bolivia 31
Ruben Dario Dabdoub Azogue and Mónica Graciela Arauco
Urzagaste
4 From resilience to antifragility: unveiling North African
SMEs' strategies amidst systemic disruptions 47
Ouafaa Hmaddi and Adnane Addioui
5 A risk management culture for effective management of
supply chain climate-related risk disruptions: evidence from
Kenya 65
Mary Aming'a, David Mathuva and Jonathan Annan
6 CEOs and firm innovation: the role of political ideology 87
Samira Fallah, Ali Samei and Mehdi Samimi
7 Communicating strategic change in social media: lessons
from the world's largest ICT companies 103
Jadwiga Machnik, Łukasz Bryl, Jan Makary Fryczak and
Dominika Hadro
8 Climate change risks and business resilience strategies 118
Monika Wieczorek-Kosmala, Marco Papa, Don Pagach and
Karel Hlaváček
9 Strategic response to the energy crisis in Germany: the case
of BASF 135
Markus Selg and Ahmed Farhod
10 Consumer motivations as a driver of strategic changes in the
energy sector 149
Magdalena Grębosz-Krawczyk and Agnieszka Zakrzewska-Bielawska
11 Competitive advantage based on technology in times of
technological breakthroughs and global crises: BMW Group
and Toyota Motor Corporation 167
Anna Adamik and Bartłomiej Lisowski
12 Developing a green transition strategy for real estate
companies: evidence from the CRREM project 193
Lucia Gibilaro and Gianluca Mattarocci
13 Managing strategic surprises in the global white goods
industry 209
Karol Marek Klimczak, Yochanan Shachmurove and Damian Wasik
14 Bank business models: how to balance digital transformation
and EU regulation 228
Anna Omarini
Index 244