Variations in Strategic Philosophy among American and Mexican Managers

Strategic managers today are faced with five critical judgment calls when formulating strategies for their companies: (1) Approaching strategy as an art or as a science, (2) publicizing the strategy or maintaining its secrecy, (3) seeking strategic consistency over the long term or maintaining flexi...

Full description

Saved in:  
Bibliographic Details
Published in:Journal of business ethics
Main Author: Parnell, John A. (Author)
Format: Electronic Article
Language:English
Check availability: HBZ Gateway
Journals Online & Print:
Drawer...
Fernleihe:Fernleihe für die Fachinformationsdienste
Published: Springer Science + Business Media B. V 2004
In: Journal of business ethics
Further subjects:B Future Research Direction
B Strategic Manager
B Strategic Planning
B Research Direction
B Economic Growth
Online Access: Volltext (JSTOR)
Volltext (lizenzpflichtig)
Description
Summary:Strategic managers today are faced with five critical judgment calls when formulating strategies for their companies: (1) Approaching strategy as an art or as a science, (2) publicizing the strategy or maintaining its secrecy, (3) seeking strategic consistency over the long term or maintaining flexibility, (4) embracing strategic risk or avoiding it, and (5) adopting a top-down or a bottom-up approach to strategic planning. This paper compares American and Mexican managers along these five areas. Findings suggest that conventional wisdom on differences between American and Mexican managers in strategy formulation may not be true. Future research directions are also provided.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1023/B:BUSI.0000024707.47585.e7