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

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  • 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.

Suggested Citation

  • Igor Gurkov, 2009. "Strategy process as formation and realization of corporate goals: The synthesis of surveys in Russian firms," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 14(1), pages 48-64.
    • Handle: RePEc:nms:joeems:doi_10.1688/1862-0019_jeems_2009_01_gurkov
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    File URL: https://www.nomos-elibrary.de/10.5771/0949-6181-2009-1-48
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    Cited by:

    1. Gurkov, Igor, 2013. "Why some Russian industrial companies innovate regularly: Determinants of firms’ decisions to innovate and associated routines," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 18(1), pages 66-96.
    2. Igor Gurkov, 2010. "Strategy techniques for the times of high uncertainty," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 15(2), pages 177-186.
    3. Tomac Cater & Danijel Pucko, 2010. "Factors of effective strategy implementation: Empirical evidence from Slovenian business practice," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 15(3), pages 207-236.
    4. Badoiu, Georgiana Alexandra & Segarra-Ciprés, Mercedes & Escrig-Tena, Ana Belén, 2020. "Personal and organizational background of corporate entrepreneurs: new technology-based firm evidence," TEC Empresarial, School of Business, Costa Rica Institute of Technology (ITCR), vol. 14(2), pages 18-31.
    5. Simon Cadez & Albert Czerny, 2010. "Carbon management strategies in manufacturing companies: An exploratory note," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 15(4), pages 348-360.
    6. Igor Gurkov & Sergey Filippov, 2013. "Innovation management in Russia’s foreign manufacturing subsidiaries: a pilot exploration of creation and implementation of effective innovation routines," HSE Working papers WP BRP 07/MAN/2013, National Research University Higher School of Economics.

    More about this item

    Keywords

    corporate strategies; strategic goals; Russian enterprises;
    All these keywords.

    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, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

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