Performance and Autonomy in Organizations: Determining Dominant Environmental Components

Yair Aharoni, Zvi Maimon and Eli Segev

Chapter 7 in Standing on the Shoulders of International Business Giants:In Memory of Yair Aharoni, 2024, pp 51-68 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The formulation of a strategy for an organization begins with identifying the opportunities and risks in the environment. A full and permanent search — or scanning — of all environmental forces is both too costly and intractable in terms of management time. Our findings indicate that managers do not try to identify all environmental forces. Identifying the dominant components of the environment focuses scanning efforts and saves energy and, costs…

Keywords: International Business; Internationalization; Strategy; Service Economy; Start-Up High-Technology Companies; High-Technology; Managerial Decision-Making; Business Education; State-Owned Enterprises; Small- and Medium-Sized Enterprises (search for similar items in EconPapers)
JEL-codes: L26 M1 M16 (search for similar items in EconPapers)
Date: 2024
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