A review of the strategy formation process: Empirical evidence from the IT sector in Serbia
In this paper, we survey, classify and synthesize different theoretical concepts and empirical studies that examine the nature of the strategy formation process. The paper starts by providing multiple points of view on the notion of strategy. It continues by explaining the possible sources of strate...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Economics institute, Belgrade
2012-01-01
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| Series: | Industrija |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2012/0350-03731204171S.pdf |
| _version_ | 1819160469444755456 |
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| author | Stefanović Ivan Prokić Sloboda Milošević Dragan |
| author_facet | Stefanović Ivan Prokić Sloboda Milošević Dragan |
| author_sort | Stefanović Ivan |
| collection | DOAJ |
| description | In this paper, we survey, classify and synthesize different theoretical concepts and empirical studies that examine the nature of the strategy formation process. The paper starts by providing multiple points of view on the notion of strategy. It continues by explaining the possible sources of strategy formation. Furthermore, the elaborated insight on the nature of strategy formation process is given. In order to confirm the presented theoretical background, the case study of two IT companies is presented in the end of the paper. Some of the conclusions are that strategy can start its formation anywhere within an organization, but the main craftsmen are the members of senior management team. Strategies are forming along the emergent-to-planned continuum and the part on the continuum on which the strategy-making will take place depends on a variety of factors. Finally, two companies presented in the case study confirm the presented theoretical framework of strategy-making. |
| first_indexed | 2024-12-22T16:56:57Z |
| format | Article |
| id | doaj.art-bbcdf4132d8748969ba0f135f843adcb |
| institution | Directory Open Access Journal |
| issn | 0350-0373 2334-8526 |
| language | English |
| last_indexed | 2024-12-22T16:56:57Z |
| publishDate | 2012-01-01 |
| publisher | Economics institute, Belgrade |
| record_format | Article |
| series | Industrija |
| spelling | doaj.art-bbcdf4132d8748969ba0f135f843adcb2022-12-21T18:19:26ZengEconomics institute, BelgradeIndustrija0350-03732334-85262012-01-014041711930350-03731204171SA review of the strategy formation process: Empirical evidence from the IT sector in SerbiaStefanović Ivan0Prokić Sloboda1Milošević Dragan2NIS a.d., Novi Sad, SerbiaSerbian Economic Centre, Belgrade, SerbiaCollege of Business Economics and Entrepreneurship, Belgrade, SerbiaIn this paper, we survey, classify and synthesize different theoretical concepts and empirical studies that examine the nature of the strategy formation process. The paper starts by providing multiple points of view on the notion of strategy. It continues by explaining the possible sources of strategy formation. Furthermore, the elaborated insight on the nature of strategy formation process is given. In order to confirm the presented theoretical background, the case study of two IT companies is presented in the end of the paper. Some of the conclusions are that strategy can start its formation anywhere within an organization, but the main craftsmen are the members of senior management team. Strategies are forming along the emergent-to-planned continuum and the part on the continuum on which the strategy-making will take place depends on a variety of factors. Finally, two companies presented in the case study confirm the presented theoretical framework of strategy-making.https://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2012/0350-03731204171S.pdfenvironmentformationit industryorganizationstrategy |
| spellingShingle | Stefanović Ivan Prokić Sloboda Milošević Dragan A review of the strategy formation process: Empirical evidence from the IT sector in Serbia Industrija environment formation it industry organization strategy |
| title | A review of the strategy formation process: Empirical evidence from the IT sector in Serbia |
| title_full | A review of the strategy formation process: Empirical evidence from the IT sector in Serbia |
| title_fullStr | A review of the strategy formation process: Empirical evidence from the IT sector in Serbia |
| title_full_unstemmed | A review of the strategy formation process: Empirical evidence from the IT sector in Serbia |
| title_short | A review of the strategy formation process: Empirical evidence from the IT sector in Serbia |
| title_sort | review of the strategy formation process empirical evidence from the it sector in serbia |
| topic | environment formation it industry organization strategy |
| url | https://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2012/0350-03731204171S.pdf |
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