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Multinational Corporate Strategy-making: Integrating International Business and Strategic Management
Copenhagen Business School, Denmark.
Mälardalen University, School of Business, Society and Engineering, Industrial Economics and Organisation. (Marketing, International Business and Entrepreneurship)ORCID iD: 0000-0003-4425-9367
2017 (English)In: The Responsive Global Organization: New Insightsfrom Global Strategy and International Business / [ed] Andersen, Torben J, Emerald Group Publishing Limited, 2017, 1, p. 13-33Chapter in book (Refereed)
Abstract [en]

This chapter contends that the international business (IB) and strategic management (SM) fields have many commonalities that should be considered in a turbulent globalized business context. IB studies refer to the need for local integration and local adaptation whereas empirics in SM pinpoint the complementary effects of central planning and decentralized decisionmaking. We present and synthesize these rather field specific perspectives and try to synthesize insights from both fields in an adaptive strategy-making model including the effects of autonomous subsidiary initiatives and intended mandates from corporate headquarters. The model considers local subsidiary actions of both operational and strategic nature and we argue that it may be futile to distinguish between these effects as incremental operational responses can cumulate into more substantial changes over time with dimensions of strategic adaptation. The model provides a foundation for further considerations about how to combine central intent and direction with decentralization and autonomous initiatives in the multinational corporation.

Place, publisher, year, edition, pages
Emerald Group Publishing Limited, 2017, 1. p. 13-33
Keywords [en]
Central coordination, decentralized decision-making, global integration, interactive strategy-making, local adaptation, subsidiary autonomy
National Category
Social Sciences Business Administration
Research subject
Industrial Economics and Organisations
Identifiers
URN: urn:nbn:se:mdh:diva-38219DOI: 10.1108/978-1-78714-831-420171001ISBN: 978-1-78714-832-1 (print)ISBN: 978-1-78714-831-4 (electronic)OAI: oai:DiVA.org:mdh-38219DiVA, id: diva2:1176657
Available from: 2018-01-23 Created: 2018-01-23 Last updated: 2018-01-29Bibliographically approved

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Andersson, Ulf

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf