Overview
- Examines the cultural sensitivity of scenario planning
- Provides a literature-based assessment on strategic management and culture from early beginnings to the present
- Includes practical as well as theoretical implications of culture and strategic planning
Part of the book series: MIR Series in International Business (MIRSIB)
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Table of contents (7 chapters)
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Front Matter
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Back Matter
Keywords
About this book
This unique book is positioned at the crossroads of strategic management and international business. Based on an in-depth literature review, the author empirically assesses the widely shared, implicit assumption that strategic management processes can be globally applied in a standardized, i.e., culture-free, manner. So far, a variety of tools have also been recommended but without incorporating cultural differences. As many organizations observe that this ethnocentric view is more an illusion than reality, strategic management research has started to focus on the cultural sensitivity of its theories, tools, and processes to provide practitioners in a multicultural setting with adequate know-how and tools. To foster long-term decision-making despite uncertainty, scenario planning is frequently applied by practitioners. Up until today, scenario planning has however gained little attention from the academic community.
Through this book, the author presents a newly developedframework for strategic management that combines the cultural value scale to test the cultural sensitivity of the long-term planning tool called “scenario planning.” The different process steps of scenario planning have been individually examined for their sensitivity toward the cultural dimensions of uncertainty avoidance and long-term orientation. The investigation is based on a unique, global set of management consultants working for a leading professional service firm. The results of this research show the cultural sensitivity of scenario planning, with different degrees of the process steps and the tested cultural dimensions.Authors and Affiliations
About the author
Bibliographic Information
Book Title: Cultural Influences on the Process of Strategic Management
Book Subtitle: Using Scenario Planning for Decision Making in Multinational Corporations
Authors: Andreas Michael Schühly
Series Title: MIR Series in International Business
DOI: https://doi.org/10.1007/978-3-030-86660-0
Publisher: Springer Cham
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022
Hardcover ISBN: 978-3-030-86659-4Published: 21 December 2021
Softcover ISBN: 978-3-030-86662-4Published: 22 December 2022
eBook ISBN: 978-3-030-86660-0Published: 01 January 2022
Series ISSN: 2511-2244
Series E-ISSN: 2511-2252
Edition Number: 1
Number of Pages: XVIII, 378
Number of Illustrations: 9 b/w illustrations
Topics: International Business, Cross-Cultural Management, Business Strategy/Leadership