Global Value Chain Resilience: Understanding the Impact of Managerial Governance Adaptations

IF 6.3 2区 管理学 Q1 BUSINESS
Liena Kano, R. Narula, Irina Surdu
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引用次数: 16

Abstract

While COVID-19 has caused significant short-term disruptions in global value chains (GVCs), in the longer run, the pandemic will not be the primary catalyst in GVC evolution. As GVCs recover from the initial shock, managers will make GVC restructuring decisions guided by long-term strategic considerations. This article describes barriers that lead firm managers may encounter when rethinking location/control decisions for value chain activities and suggests that, in addition to structural changes, managerial governance adaptations are instrumental in enhancing GVCs’ long-term resilience. Lessons learned from responding to the pandemic can help managers enhance GVC efficiency in the increasingly uncertain global environment.
全球价值链弹性:理解管理治理适应的影响
虽然新冠肺炎对全球价值链(GVC)造成了重大的短期破坏,但从长远来看,疫情不会成为全球价值链演变的主要催化剂。随着全球价值链从最初的冲击中恢复,管理者将在长期战略考虑的指导下做出全球价值链重组决策。本文描述了领导企业管理者在重新思考价值链活动的位置/控制决策时可能遇到的障碍,并表明,除了结构变化外,管理治理调整还有助于增强全球价值链的长期韧性。从应对疫情中吸取的经验教训可以帮助管理者在日益不确定的全球环境中提高全球价值链效率。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
18.40
自引率
3.00%
发文量
23
期刊介绍: California Management Review (CMR) serves as a vital link between academia and management practice, offering leading-edge research with practical applications. Edited at UC Berkeley’s Haas School of Business, CMR covers a wide range of management topics, including innovation, strategy, sustainable practices, and human resources. CMR ranks among the top management journals globally, distributing articles through outlets like Harvard Business School Publishing and SAGE Publishing. Focused on bridging academia and practice, CMR ensures that all articles are based on rigorous academic research while providing actionable insights for managers. In addition to regular issues, CMR publishes special issues and sections on relevant topics, often guest-edited by leading faculty. Recent special issues have covered dynamic capabilities, city innovation, big data, and intellectual property management.
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