Strategic management in an uncertain environment: A review

  • José Moleiro Martins Department of Management, ISCAL - Polytechnic Institute of Lisbon, 1069-035 Lisboa, Portugal
Keywords: strategy; competitive environment; environmental analysis
Ariticle ID: 64

Abstract

This article focuses on strategic management as a guiding line of action, aiming to maintain alignment with the market in order to develop capabilities that allow the organization to provide unparalleled value to customers through new positioning. A qualitative analysis of the literature based on reference authors was conducted. The results reveal that the specificity of the sector of activity, due to its international competition, makes the competitive context more uncertain. This influences the way in which the strategy to be adopted by organizations is formulated. Thus, we conclude that organizations competing in hypercompetitive markets should adopt an adaptive strategy to respond quickly to market dynamics.

References

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Published
2024-04-12
Section
Review