Strategic Management in Polish Companies - Stable Or Chaotic?

Download or read book Strategic Management in Polish Companies - Stable Or Chaotic? written by Przemyslaw Wolczek and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary strategic management faces a challenge that has not occurred - on such a scale in the field of management. What we have in mind here is competent coping on an unprecedented scale of turbulence, unpredictability, dynamics, and complexity of the development conditions, under which companies are to operate. The change of the development conditions, in which companies have to operate, from stable to turbulent and discontinuous, causes a problem of changing, mashing and/or pushing the boundaries of companies both in perception, processes and management structures. It should be remembered that properly configured boundaries' system both within the company and its relations with the environment, is one of the key foundations of forming sustainable competitive advantage. It seems that strategic management has important influence on the process of forming the company's boundaries system, which creates specific boundaries associated with the creation and implementation process of strategy. The challenge for present-day companies is such kind of strategic management which, despite the fact that the boundaries between the company and its environment are blurring, will enable the stabilisation of its functioning and development in turbulent environment. Because of the fact that the boundaries between the company and its environment are blurring and there is a growing interdependence of economic phenomena, the number of factors which may affect the company's operations drastically increases. Thus, there arises a question how strategic management of a company looks in such conditions? Is it composed of elements that have a stabilising effect on its functioning, or does it have various deficiencies that could bring chaos to the company's operations and adversely affect its performance?