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Strategic action in response to economic crises

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Strategic Adaptation

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Abstract

The output of an organization’s strategic adaptation process, after going through the phases of strategic issue diagnosis, creation, and selection of strategic alternatives, is strategic action. As discussed in chapter 2, actions can be considered as strategic if they affect the overall scope and direction of the company or the positioning of the organization within its environment, and if they involve high resource commitments.

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Authors and Affiliations

  1. Carinthia University of Applied Sciences, Villach, Austria

    Dietmar Sternad (Lecturer for International Management and Program Director of the International Business Management Master’s program)

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  1. Dietmar Sternad
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Sternad, D. (2011). Strategic action in response to economic crises. In: Strategic Adaptation. Springer, Vienna. https://doi.org/10.1007/978-3-7091-0455-2_4

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  • DOI: https://doi.org/10.1007/978-3-7091-0455-2_4

  • Publisher Name: Springer, Vienna

  • Print ISBN: 978-3-7091-0454-5

  • Online ISBN: 978-3-7091-0455-2

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