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Management Use of Strategic Tools for Innovating During Turbulent Times
Author(s) -
Tassabehji Rana,
Isherwood Andrew
Publication year - 2014
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.1960
Subject(s) - variety (cybernetics) , business , focus (optics) , process management , strategic management , dynamic capabilities , marketing , knowledge management , computer science , optics , physics , artificial intelligence
While managers use a variety of tools, they overwhelmingly continue to use those that are well established and focus on the management of internal and external resources, whereas tools aimed to foster more innovative, dynamic, and ‘blue ocean’ strategies are not widely applied in practice.