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’Clock Speed’ Theory Of Strategy Making Along The Life Cycle

Author

Listed:
  • Tamas Koplyay

    (Universite du Quebec en Outaouais, Canada)

  • Hilda Hurta

    (Szent Istvan University, Hungary)

Abstract

Regardless of sector, the long term viability of a firm is strongly tied to the quality and timeliness of its strategies. In hi-tech, events unfold much faster than in other value-creating business activities and hence the strategy changes its scope, its focus and implementation challenges often. This article will present a model that can be relied upon to gauge the need for different strategic engagements at four critical points of the market development: start-up, growth, leveling off/shakeout and maturity. The article also surfaces the importance of the elements of speed, horizon and focus to strategy making in hi-tech and comments on the evolution of market complexity.

Suggested Citation

  • Tamas Koplyay & Hilda Hurta, 2016. "’Clock Speed’ Theory Of Strategy Making Along The Life Cycle," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 13(1), pages 101-110, June.
    • Handle: RePEc:pcz:journl:v:13:y:2016:i:1:p:101-110
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    References listed on IDEAS

    as
    1. Zuzana Soltysova & Slavomir Bednar, 2015. "Complexity Management In Terms Of Mass Customized Manufacturing," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 12(2), pages 139-149, December.
    2. Aneta Pachura, 2015. "Innovativeness Of An Enterprise In The Context Of Technology Globalisation," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 12(1), pages 143-153, DEcember.
    3. Siripitakchai, Naparat & Miyazaki, Kumiko & Ho, Jonathan C., 2015. "Partnership ecosystem of IC design service companies: The case of Taiwan," Technology in Society, Elsevier, vol. 43(C), pages 199-208.
    Full references (including those not matched with items on IDEAS)

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