Conclusion
Mitsuru Kodama ()
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Mitsuru Kodama: College of Commerce and Graduate School of Business Administration Nihon University
Chapter Chapter 8 in Boundary Management, 2010, pp 161-164 from Springer
Abstract:
Abstract The essence of strategic management goes beyond companies creating appropriate future-oriented strategies while adapting to environmental change. It also involves optimizing each of the corporate system management components (organization, technology, operation, and leadership) in line with these strategies and dynamically and integratively developing them to realize corporate continuance and growth. An important issue from the implementation aspect is how companies can dynamically change corporate boundaries and adapt to the environment (or create new environments) while considering congruence with the environment. To achieve these aims, companies must determine the strategy objectives of sustainable, competitive products, services, and business models, and achieve them by implementing optimal design of vertical (value chains to realize corporate strategy objectives) and horizontal (expansion and diversification of the business domain) boundaries. In this book I have used the term “business architecture” for the optimal design of a corporate system comprising the management elements of strategy, organization, technology, operation, and leadership in order to design corporate strategy compatible with the environment, and suggested a basic theoretical framework through multiple in-depth case studies.
Keywords: Business Process; Business Model; Strategic Management; Corporate System; Process Architecture (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-03789-4_8
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DOI: 10.1007/978-3-642-03789-4_8
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