Strategic supremacy in the hypercompetitive 21st Century
The dawn of the 21st century has given rise to a new competitive paradigm; brought about by globalisation, information technology and biotechnology developments and the work force revolution. This article identifies the shortcomings of traditional approaches to strategy formulation as measured again...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
AOSIS
2003-03-01
|
| Series: | South African Journal of Economic and Management Sciences |
| Online Access: | https://sajems.org/index.php/sajems/article/view/3328 |
| id |
doaj-58fc68e7a6f7487180942c410d641d9c |
|---|---|
| record_format |
Article |
| spelling |
doaj-58fc68e7a6f7487180942c410d641d9c2020-11-24T21:50:23ZengAOSISSouth African Journal of Economic and Management Sciences1015-88122222-34362003-03-01619911710.4102/sajems.v6i1.3328908Strategic supremacy in the hypercompetitive 21st CenturyJ. G. Kotzé0Potchefstroom Business School, Potchefstroom University for Christian Higher EducationThe dawn of the 21st century has given rise to a new competitive paradigm; brought about by globalisation, information technology and biotechnology developments and the work force revolution. This article identifies the shortcomings of traditional approaches to strategy formulation as measured against the demands of this evolving paradigm. The development of high potential strategic positions, the building and refining of distinctive competencies, the strengthening of strategic fit relationships, the maintenance of balance between the requirements of old and new business and the establishment and maintenance of a strategic thinking and learning culture are building blocks of strategic supremacy in the hypercompetitive 21st century.https://sajems.org/index.php/sajems/article/view/3328 |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
J. G. Kotzé |
| spellingShingle |
J. G. Kotzé Strategic supremacy in the hypercompetitive 21st Century South African Journal of Economic and Management Sciences |
| author_facet |
J. G. Kotzé |
| author_sort |
J. G. Kotzé |
| title |
Strategic supremacy in the hypercompetitive 21st Century |
| title_short |
Strategic supremacy in the hypercompetitive 21st Century |
| title_full |
Strategic supremacy in the hypercompetitive 21st Century |
| title_fullStr |
Strategic supremacy in the hypercompetitive 21st Century |
| title_full_unstemmed |
Strategic supremacy in the hypercompetitive 21st Century |
| title_sort |
strategic supremacy in the hypercompetitive 21st century |
| publisher |
AOSIS |
| series |
South African Journal of Economic and Management Sciences |
| issn |
1015-8812 2222-3436 |
| publishDate |
2003-03-01 |
| description |
The dawn of the 21st century has given rise to a new competitive paradigm; brought about by globalisation, information technology and biotechnology developments and the work force revolution. This article identifies the shortcomings of traditional approaches to strategy formulation as measured against the demands of this evolving paradigm. The development of high potential strategic positions, the building and refining of distinctive competencies, the strengthening of strategic fit relationships, the maintenance of balance between the requirements of old and new business and the establishment and maintenance of a strategic thinking and learning culture are building blocks of strategic supremacy in the hypercompetitive 21st century. |
| url |
https://sajems.org/index.php/sajems/article/view/3328 |
| work_keys_str_mv |
AT jgkotze strategicsupremacyinthehypercompetitive21stcentury |
| _version_ |
1725884377549766656 |