Langley, A., Kakabadse, N. K. and Swailes, S. (2007) Evolutionary patterns of strategic change prior to liquidation: the case of Bioglan plc. Management Decision. 45(4), pp. 657-683. 0025-1747.
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Abstract:
Purpose – This paper aims to contribute to understanding of strategy development by reporting a detailed case study of one pharmaceutical company over an 11-year period using a framework for classifying strategic actions developed from a broader study of strategic behaviour in the industry.
Design/methodology/approach – The paper utilises a longitudinal text analysis using published documentary sources to explore the strategic actions and grand strategies realised by Bioglan during 1992-2002.
Findings – The findings develop concepts from the economics, ecology and strategy literature in order to highlight that, rather than strategy research focusing on “with whom and how do firms compete?” the emphasis should be on “with whom and how do firms co-evolve?”
Research limitations/implications – The paper only explored the realised strategies of one firm during an 11-year period using only published documentary sources.
Originality/value – Previous research does not appear to have explored the evolution and co-evolution of a firm's strategic actions prior to its death, a gap that this paper aims to help to fill
Uncontrolled Keywords:
Pharmaceuticals industry, Strategic change, Strategic choices
Subjects:
H Social Sciences > HD Industries. Land use. Labor > HD9665 Pharmaceutical industry
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management > HD30.28 Strategic planning
H Social Sciences > HD Industries. Land use. Labor > HD58.7 Organizational behavior, change and effectiveness. Corporate culture > HD58.8 Strategic change
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management > HD30.28 Strategic planning
H Social Sciences > HD Industries. Land use. Labor > HD58.7 Organizational behavior, change and effectiveness. Corporate culture > HD58.8 Strategic change
Creators:
Langley, A., Kakabadse, N. K. and Swailes, S.
Publisher:
Emerald Group Publishing Limited
Faculties, Divisions and Institutes:
Date:
1 May 2007
Date Type:
Publication
Page Range:
pp. 657-683
Journal or Publication Title:
Management Decision
Volume:
45
Number:
4
Language:
English
ISSN:
0025-1747
Status:
Published / Disseminated
Refereed:
Yes
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