A study on strategic flexibility of corporation based on complex theory

Author

Wang De-lu ; Guo Qi-lei ; Liu Yun

Author_Institution

Sch. of Manage., China Univ. of Min. & Technol., Xuzhou

fYear

2008

fDate

10-12 Sept. 2008

Firstpage

413

Lastpage

418

Abstract

First, this paper discusses the definition of strategic flexibility of corporation (SFC), analyzes its intrinsic structure, and uses fitness landscape to analyze interactions of SFC and relationships between elements and whole of SFC in detail. Then, according to the theory of complex adaptive system, this paper analyzes the evolution mechanism of SFC. And it indicates that the evolution dynamic of SFC rooted from the interaction between the legitimate system and shadow system. Control parameters (information flow speed, memberspsila diversity, members contact, power diversity and anxiety repression) are the conditions of evolution. At last, this paper constructs an evolution mechanism model of strategic flexibility.

Keywords

corporate modelling; globalisation; organisational aspects; complex adaptive system; complex theory; corporation strategic flexibility; economic globalization; evolution mechanism model; intrinsic structure; Adaptive systems; Chaos; Conference management; Engineering management; Environmental economics; Environmental management; Learning systems; Power system modeling; Production systems; Technology management; complex theory; evolution mechanism; fitness landscape; strategic flexibility;

fLanguage

English

Publisher

ieee

Conference_Titel

Management Science and Engineering, 2008. ICMSE 2008. 15th Annual Conference Proceedings., International Conference on

Conference_Location

Long Beach, CA

Print_ISBN

978-1-4244-2387-3

Electronic_ISBN

978-1-4244-2388-0

Type

conf

DOI

10.1109/ICMSE.2008.4668948

Filename

4668948