Cultivating strategic agility – An empirical investigation into best practice

Q2 Business, Management and Accounting

Global Business and Organizational Excellence Pub Date : 2023-11-13 DOI:10.1002/joe.22241

Kyriakos Christofi, Pieris Chourides, George Papageorgiou

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Abstract

Amidst the fluidity of today's post-COVID business environment, this paper aims to fortify the discourse on strategic agility, by presenting a comprehensive best practice framework for its development and sustenance. This is achieved by carrying out an empirical investigation on four best practice multinational corporations. Despite abundant scholarly attention, a critical gap persists in the empirical examination of specific functional practices and their role for fostering strategic agility. This research fills this void, leveraging in-depth interviews with strategic-level managers and analyzing archival data, revealing that strategic agility necessitates a systemic approach and congruent efforts across organizational functions. Key findings underscore the role knowledge management as the linchpin, with corresponding emphasis on dynamic talent management, strategic partnerships, open innovation, digitalization, and sustainability. As a result, this paper contributes to the strategic management literature by offering practical insights for managers of global businesses in navigating the complexities of a rapidly evolving competitive landscape towards organizational excellence

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培养战略敏捷性--对最佳实践的实证调查

在当今后变革与发展（COVID）时代多变的商业环境中，本文旨在通过为战略敏捷性的发展和维持提出一个全面的最佳实践框架，来加强关于战略敏捷性的讨论。为此，本文对四家最佳实践跨国公司进行了实证调查。尽管学术界对此给予了大量关注，但在对特定职能实践及其在促进战略敏捷性方面的作用进行实证研究方面，仍然存在着重大空白。这项研究填补了这一空白，通过对战略级管理人员的深入访谈和对档案数据的分析，揭示了战略敏捷性需要系统的方法和跨组织职能部门的一致努力。主要研究结果强调了知识管理的关键作用，并相应强调了动态人才管理、战略合作伙伴关系、开放式创新、数字化和可持续性。因此，本文为全球企业管理者提供了切实可行的见解，帮助他们在快速演变的竞争环境中驾驭复杂局面，实现组织卓越，从而为战略管理文献做出了贡献。

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来源期刊

Global Business and Organizational Excellence Business, Management and Accounting-Business and International Management

CiteScore

7.70

自引率

0.00%

发文量

期刊介绍： For leaders and managers in an increasingly globalized world, Global Business and Organizational Excellence (GBOE) offers first-hand case studies of best practices of people in organizations meeting varied challenges of competitiveness, as well as perspectives on strategies, techniques, and knowledge that help such people lead their organizations to excel. GBOE provides its readers with unique insights into how organizations are achieving competitive advantage through transformational leadership--at the top, and in various functions that make up the whole. The focus is always on the people -- how to coordinate, communicate among, organize, reward, teach, learn from, and inspire people who make the important things happen.