Posts

Identifying, Mapping, and Managing the Innovation Ecosystem at Corporate Level

The challenges and uncertainties of the 21st century have continued to change the basic concepts and practice of strategic management. The rapidly changing environment has created environmental uncertainty, which is a threat to strategic managers because it impairs their ability to develop long-range plans and make effective strategic decisions to keep the firm stable with […]

Implementing Strategies through Portfolio Management

Strategy implementation is the most difficult part of the strategy. Hrebiniak states that “Making strategy work-executing or implementing it through the organization is even more difficult. Without effective implementation, no business strategy can succeed.” [1] Prior to this work, Henry Mintzberg introduced intended and realized strategy to help clarify this implementation challenge. According to him, […]