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Full-Text Articles in Business

Do Or Die - Strategic Decision-Making Following A Shock-Event, Ingrid Bonn, Sharyn Rundle-Thiele May 2009

Do Or Die - Strategic Decision-Making Following A Shock-Event, Ingrid Bonn, Sharyn Rundle-Thiele

Ingrid Bonn

Little attention has been directed towards investigating how senior managers and boards approach strategic decision-making when dealing with shock events as compared to strategic decision-making in a stable environment. This paper presents evidence to suggest that strategic decision-making following a shock event involves a more intuitive, less analytical and less consultative approach, while decision-making in a stable environment is characterised by a more cooperative, formal and analytical process. Decision-making following a shock event tends to be simplified and fast, whereas decision-making in a stable environment tends to be comprehensive and slow. Furthermore, the strategic role of the board transforms following …


International Strategies And Ethics: Exploring The Tensions Between Head Office And Subsidiaries, Josie Fisher, Ingrid Bonn May 2009

International Strategies And Ethics: Exploring The Tensions Between Head Office And Subsidiaries, Josie Fisher, Ingrid Bonn

Ingrid Bonn

Purpose – The purpose of this paper is to explore the complexities and tensions that international organisations face in managing ethics.

Design/methodology/approach – Three levels of ethics are identified and discussed in the paper in the context of three international strategies.

Findings – The study finds that an organisation’s approach to ethics depends on its level of ethics and the type of international strategy adopted. These two dimensions have the potential to create identifiable tensions between head office and subsidiaries that will need to be understood and managed.

Practical implications – The paper offers practical guidance to managers by providing …


Improving Strategic Thinking: A Multilevel Approach, Ingrid Bonn May 2009

Improving Strategic Thinking: A Multilevel Approach, Ingrid Bonn

Ingrid Bonn

Following a multilevel approach, the purpose of this paper is to develop a framework of strategic thinking, which integrates the micro-domain's focus on individuals and groups with the macro-domain's focus on organisations. The paper first defines strategic thinking, outlines its elements and examines some of the conceptual issues surrounding the construct, especially those concerning levels of analysis. The following questions are addressed. What are the characteristics of an individual strategic thinker? What are the dynamics that take place within groups and how do they influence strategic thinking? What are the contributions of the organisational context to strategic thinking?


Board Structure And Firm Performance: Evidence From Australia, Ingrid Bonn May 2009

Board Structure And Firm Performance: Evidence From Australia, Ingrid Bonn

Ingrid Bonn

The influence of corporate governance on firm performance has been discussed for a number of years, but mainly in a United States and European business context. This article investigates the composition of boards of directors in large Australian firms and analyses whether board structure has an impact on performance, as measured by return on equity and market-to-book value ratio. The results showed that outsider ratio and female director ratio were positively associated with firm performance, whereas board size and directors' age had no influence on firm performance.