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Early Warning System – a Strategic Instrument for Turbulent Times

Ramona Leon

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, 1143-1148

Abstract: This paper aims to identify the elements that an early warning system should include in order to facilitate the strategic planning of an organization during turbulent times. In order to achieve this goal a content analysis has been used on 27 articles which have been published during 1996 – 2011 in the databases from SAGE Publications, Emerald Group Publishing and Science Direct. We had been selected only the articles that included in title, abstract or keywords one of the next phrases: “uncertainty”, “turbulence” or “early warning system”. Most of the selected papers belong to journals from the area of general management and knowledge management which shows a reduced interest for this instrument in the strategic management field. In this article we have been showed that the early warning system is mainly oriented towards outside the organization and includes demographic, economic, legislative, financial, market and product range indicators.

Keywords: turbulence; early warning system; strategy; artificial neural network. (search for similar items in EconPapers)
JEL-codes: L10 (search for similar items in EconPapers)
Date: 2011
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