Firms that want to internationalise must decide on a fitting mode of entry into a foreign market in order to make the best use of their resources. Once an entry mode has been chosen, multinational organisations limit their tactical flexibility by developing skills and knowledge to support the chosen arrangement.  The entry mode selection...

Michael Porter regarded the selection of a defendable position within an industry as the end result of a competitive strategic analysis. He argued that successful, profitable companies generally choose to compete on either low costs or by differentiating their products to meet specific customer needs. Although these two strategic options are mutually exclusive,...

Michael Porter published the Value Chain Analysis in 1985 as a response to criticism that his Five Forces framework lacked an implementation methodology that bridged the gap between internal capabilities and opportunities in the competitive landscape. This framework focused on industry attractiveness as a determinant of the profit potential of all companies...

Psychologist Chris Argyris and philosopher Donald Schön's intervention research focused on exploring the ways organisations can increase their capacity for double-loop learning. They argued that double-loop learning is necessary if organisations and its members are to manage problems effectively that originate in rapidly changing and uncertain contexts. Argyris...