EconPapers    
Economics at your fingertips  
 

’CLOCK SPEED’ THEORY OF STRATEGY MAKING ALONG THE LIFE CYCLE

Tamas Koplyay () and Hilda Hurta ()
Additional contact information
Tamas Koplyay: Universite du Quebec en Outaouais, Canada
Hilda Hurta: Szent Istvan University, Hungary

Polish Journal of Management Studies, 2016, vol. 13, issue 1, 101-110

Abstract: Regardless of sector, the long term viability of a firm is strongly tied to the quality and timeliness of its strategies. In hi-tech, events unfold much faster than in other value-creating business activities and hence the strategy changes its scope, its focus and implementation challenges often. This article will present a model that can be relied upon to gauge the need for different strategic engagements at four critical points of the market development: start-up, growth, leveling off/shakeout and maturity. The article also surfaces the importance of the elements of speed, horizon and focus to strategy making in hi-tech and comments on the evolution of market complexity.

Keywords: clock speed theory; strategic horizon; strategy making; market life cycle; hi-tech and retail sector (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://pjms.zim.pcz.pl/PDF/PJMS131/%E2%80%9CClock% ... e%20Life%20Cycle.pdf (application/pdf)
http://pjms.zim.pcz.pl/-articles-13.1.php (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pcz:journl:v:13:y:2016:i:1:p:101-110

Access Statistics for this article

More articles in Polish Journal of Management Studies from Czestochowa Technical University, Department of Management Contact information at EDIRC.
Series data maintained by Paula Bajdor ().

 
Page updated 2017-09-29
Handle: RePEc:pcz:journl:v:13:y:2016:i:1:p:101-110