Strategy process as formation and realization of corporate goals: The synthesis of surveys in Russian firms

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Strategy process as formation and realization of corporate goals: The synthesis of surveys in Russian firms

Author Info

Igor Gurkov

Abstract

Based on a series of corporate surveys, the paper reveals the peculiarities of strategy processes in Russian companies. The data suggests that the fragile balance of power between the top management and the dominant owners leads to establishing of sets of hardly combined goals. The necessary partial implementation of such sets leads to low confidence in the actions to be undertaken, low persistence in realization of business projects, permanent readiness to withdraw resources from the existing projects for their redirection into non–core assets.

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Publisher Info
Article provided by Rainer Hampp Verlag in its journal Journal for East European Management Studies.

Volume (Year): 14 (2009)
Issue (Month): 1 ()
Pages: 48 - 64
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Handle: RePEc:rai:joeems:doi_10.1688/1862-0019_jeems_2009_01_gurkov

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Find related papers by JEL classification:
L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
P31 - Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

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