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Strategy and Structure

In: The Evolving Firm

Author

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  • Neil M. Kay

Abstract

In this chapter we re-orientate our analysis to consider a set of topics related to changes in corporate strategy. So far we have suggested that corporate strategy is determined by balancing synergy gains against hedging considerations; synergy is obtained from internal relationships, while hedging is designed to permit the firm to cope with its environmental threat. The argument of this chapter revolves around the point that if the environment becomes more threatening we would expect strategy changes to follow.

Suggested Citation

  • Neil M. Kay, 1982. "Strategy and Structure," Palgrave Macmillan Books, in: The Evolving Firm, chapter 8, pages 133-142, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-06112-9_8
    DOI: 10.1007/978-1-349-06112-9_8
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    Citations

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    Cited by:

    1. Neil Kay, 2007. "The Evolution of Co-operation, Pairings and Networks," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 14(3), pages 317-349.
    2. Neil M. Kay, 1988. "Three Different Ways to Tie Your Shoelaces: Comment on Hodgson," Journal of Economic Issues, Taylor & Francis Journals, vol. 22(1), pages 233-244, March.
    3. Fransman M., 1986. "New approach to the study of technological capability in less developed countries," ILO Working Papers 992470213402676, International Labour Organization.
    4. Abdullah Al-Obaidan, 1999. "Net economic gain from diversification in the commercial banking industry," Applied Financial Economics, Taylor & Francis Journals, vol. 9(4), pages 343-354.
    5. Dic Lo & Russell Smyth, 2004. "Towards a re-interpretation of the economics of feasible socialism," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 28(6), pages 791-808, November.
    6. Tomer, John F., 1995. "Strategy and structure in the human firm: Beyond hierarchy, toward flexibility and integration," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 24(3), pages 411-431.
    7. Russell Smyth & Dic Lo, 2000. "Theories of the Firm and the Relationship between Different Perspectives on the Division of Labour," Review of Political Economy, Taylor & Francis Journals, vol. 12(3), pages 333-349.
    8. ., 2013. "Using markets and marketlike mechanisms to manage a multidivisional business efficiently," Chapters, in: Competition, Diversity and Economic Performance, chapter 13, pages 253-278, Edward Elgar Publishing.
    9. Chi-Yo Huang & I-Ling Tung, 2020. "Strategies for Heterogeneous R&D Alliances of In Vitro Diagnostics Firms in Rapidly Catching-Up Economies," IJERPH, MDPI, vol. 17(10), pages 1-34, May.

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