This Case is avout CORPORATE GOVERNANCE, DECISION MAKING, STRATEGIC PLANNING
PUBLICATION DATE: May 15, 2015 PRODUCT #: BH672-PDF-ENG
Performance implications of strategic changes An integrative framework case solutionBusinesses frequently begin changes that are tactical to adjust to an evolving environment or to enhance functionality and their competitiveness. In this informative article, I analyze why some tactical changes are not unfruitful whereas others aren’t for the firms that start them. I propose that tactical changes are likely to be most productive when their possibility to improve competitiveness is high as well as the stakeholder obligation is probably going to be high.
At the opposite end of the spectrum, businesses should avoid executing tactical changes which have low potential to improve competitiveness and where the stakeholder obligation is not high. Being bad tactical alternatives, these changes might not improve competitiveness or operation, but, actually, detract from them. In addition, I provide a group of recommendations to businesses to assist them avoid making bad options that are tactical.
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