Torben Juul Andersen

TL;DR: In this paper, the authors investigated the dual performance effects of strategic planning and autonomous actions in the strategy formation process and found that strategic planning has positive performance effects across industries, and exists in tandem with autonomous actions, where managers make responsive decisions that enhance performance under changing environmental conditions.

TL;DR: In this article, a study of 185 manufacturing organizations operating in diverse industries spanning food processing and computer products was conducted, and it was shown that both decentralized decision structure and planning activities are associated with higher performance in dynamic environments.

TL;DR: In this paper, a study of 185 manufacturing organizations operating in diverse industries spanning food processing and computer products was conducted, and it was shown that both decentralized decision structure and planning activities are associated with higher performance in dynamic environments.

TL;DR: A model of strategic conduct based on the concept of strategic fit and the heterogeneity of firm strategic capabilities is formalized and shown mathematically to yield the negative association of the Bowman paradox.

TL;DR: In this paper, the authors outline the contours of such a strategic risk management framework incorporating conventional exposure measures and simulation techniques to assess vulnerability and responsiveness in a turbulent global setting, and propose a risk management approach that integrates relatively transparent financial exposures with the consequences of uncertain and hard-to-quantify event risks.