Varieties of Captialism and Strategic Management: Managing Performance in Multinationals after the Global Financial Crises

Chau, V.S. and Witcher, B.J. (2012) Varieties of Captialism and Strategic Management: Managing Performance in Multinationals after the Global Financial Crises. British Journal of Management, 23 (S1). pp. 58-73. ISSN 1045-3172. (The full text of this publication is not available from this repository)

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Official URL
http://dx.doi.org/10.1111/j.1467-8551.2012.00816.x

Abstract

This paper examines the varieties of capitalism thesis for its implications for strategy and strategic management. It considers the grounds for an integrated approach to strategic management, which will make firms less susceptible to sudden economic change in global markets. The paper is structured into four parts. In the first, the nature of the varieties of capitalism thesis is examined (Hall P. A. and Soskice D. (2001). ‘An introduction to varieties of capitalism’. In P. A. Hall and D. (eds), Varieties of Capitalism: The Institutional Foundations of Comparative Advantage, pp. 1–68. Oxford: Oxford University Press). In the second part, two distinct strands of theory and research in strategic management (the outside-in and inside-out views of strategy) are considered, and how these might condition thinking about strategy, management and organizational learning. The third part explores convergence in strategic management, and explicates a model from research at Nissan, which brings core competencies and dynamic capabilities to the strategic management of the large multinational firm. The fourth part concludes with a critical assessment of the varieties of capitalism and the likelihood of a convergent strategic management after the global financial crisis.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculties > Social Sciences > Kent Business School > International Business and Strategy
Depositing User: Karen Finch
Date Deposited: 18 Jan 2012 13:08
Last Modified: 04 Sep 2013 13:44
Resource URI: http://kar.kent.ac.uk/id/eprint/28613 (The current URI for this page, for reference purposes)
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