Strategy process as formation and realization of corporate goals: The synthesis of surveys in Russian firms

Igor Gurkov

Journal of East European Management Studies, 2009, vol. 14, issue 1, 48 - 64

Abstract: Based on a series of corporate surveys, the paper reveals the peculiarities of strategy processes in Russian companies. The data suggests that the fragile balance of power between the top management and the dominant owners leads to establishing of sets of hardly combined goals. The necessary partial implementation of such sets leads to low confidence in the actions to be undertaken, low persistence in realization of business projects, permanent readiness to withdraw resources from the existing projects for their redirection into non–core assets.

Keywords: corporate strategies; strategic goals; Russian enterprises (search for similar items in EconPapers)
JEL-codes: L1 L10 O52 P20 P31 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (4)

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Journal Article: Strategy process as formation and realization of corporate goals: The synthesis of surveys in Russian firms (2009)
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