Just over ten years ago, the work of strategic management scholars have helped to expand the prospects leaders caught in the throes of reducing the efficiency of the organization. In addition to the traditional rotation options that financial indicators have stabilized, management approaches have been shown that they can be deployed to reduce the chances of recurrence of turning the situation. This article updates the progress that has since been made in understanding the process of turning. In addition, we look at the ambitious approach to redirect the company's strategy reemerging toward more promising competitive position, as an important final step in the process of trade. Called strategic transformation, this approach to reformulate the growth strategy of the company cultivates a strong or emerging markets. "Hide
by John A. Pearce Source: Business Horizons 10 pages. Publication Date: March 1, 2008. Prod. #: BH270-PDF-ENG
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