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Strategic Adaptation

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Authors:
  • Andersen, Torben Juul
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    Orcid logo0000-0002-9488-8690
    Department of International Economics and Management, Copenhagen Business School
Editor:
Wright, James D.
DOI:
10.1016/B978-0-08-097086-8.73102-3
Abstract:
This article provides an overview of theoretical contributions that have influenced the discourse around strategic adaptation including contingency perspectives, strategic fit reasoning, decision structure, information processing, corporate entrepreneurship, and strategy process. The related concepts of strategic renewal, dynamic managerial capabilities, dynamic capabilities, and strategic response capabilities are discussed and contextualized against strategic responsiveness. The insights derived from this article are used to outline the contours of a dynamic process of strategic adaptation. This model incorporates elements of central strategizing, autonomous entrepreneurial behavior, interactive information processing, and open communication systems that enhance the organization's ability to observe exogenous changes and respond effectively to them.
ISBN:
9780080970875
Type:
Book preface, encycl. entry
Language:
English
Published in:
International Encyclopedia of the Social & Behavioral Sciences, 2015
Keywords:
Contingencies; Dynamic capabilities; Entrepreneurship; Fit; Renewal
Main Research Area:
Social science
Publication Status:
Published
Review type:
Peer Review
Publisher:
Elsevier
Submission year:
2015
Scientific Level:
Scientific
ID:
2397992587

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