| Autor: |
Koplyay, Tamas, Koplyay, Larissa, Steinberg, Michael |
| Předmět: |
|
| Zdroj: |
Proceedings of the 2017 International Annual Conference of the American Society for Engineering Management; 2022, p1-10, 10p |
| Abstrakt: |
Learning is often an essential component and a predictor of a firm's capacity to adapt and to survive in emerging markets. However, there are circumstances where a firm's ability to learn and accommodate change is impeded, which could become a liability for long-term survival. Often the inability to adapt is overlooked by change management experts and those using learning as a strategic tool due to bias from cultural thinking; particularly when trends occurring in the market are complex and are not easily identifiable or discernible. Such complex scenarios will lead to market turmoil, which will obscure information from firms that could have been extracted from data and often produce market transients that are of low signal to noise ratio; thereby, undermining the learning process for firms. This article will explore the market evolution of firms and their lifecycle and will also examine classic failures in the learning process due to the mismatch of knowledge derived from learning itself with corporate leadership and/or corporate culture. Additionally, an explanatory framework based on the lifecycle concept will be used to identify market constraints imposed upon firms. This article will further outline the two levels superimposed on the lifecycle core, which include the deep structure and the surface structure that can pose essential barriers and constraints for firms in relation to the learning process and to their long-term market survival. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
|
