Flexible Strategies in VUCA Markets

Description

This book discusses the concepts of volatility, uncertainty, complexity, and ambiguity (VUCA) that are the core of various paradigms used in strategic management to understand competitive advantage as well as flexibility in organizational boundaries. It serves as a valuable reference resource in the area of VUCA markets. An increase in the levels and types of uncertainty has important implications potentially for the durability of a company’s advantages, the way firms learn and adapt, approaches for managing innovation and knowledge, and the attractiveness of different strategies and organizational models. In today’s world, strategic flexibility in VUCA is essential for business leaders to sustain market advantage and attain a clear vision amid the chaos. Business leaders who stay focused and are aware of external volatility as the prevalent characteristic are successful, while those who are not flexible in this VUCA world and lock themselves into fixed positions lose out. The book includes empirical and conceptual research papers along with case studies and models discussing strategies for emerging markets in volatile and uncertain environments. It also covers a variety of issues, including innovation, people and processes, financial management, and leadership and strategies in VUCA markets. Apart from research fraternity and academia, the contents of the book will be useful for practitioners as well as industry watchers. Front Matter ....Pages i-xvi Front Matter ....Pages 1-1 Development Stages and Scaling Issues of Startups (Abhishek Kumbhat, Sushil)....Pages 3-15 Flourishing Innovation Through Organizational Initiatives: An Analytical Study (Akriti Chaubey, Chandan Kumar Sahoo)....Pages 17-29 Patent Landscape for Indian Biopharmaceutical Sector: A Strategic Insight (Sutopa Lahiry, K. Rangarajan)....Pages 31-47 Geographical Clustering and Quality of Subsidiary Innovation in a Developing Economy (Dixit Manjunatha Betaraya, Saboohi Nasim, Joy Mukhopadhyay)....Pages 49-61 Corporate Governance and Innovation (J. P. Sharma, Shital Jhunjhunwala, Shweta Sharda)....Pages 63-75 Front Matter ....Pages 77-77 Disability Inclusion (Sonali Heera, Arti Maini)....Pages 79-88 Effective Policing in a VUCA Environment: Lessons from a Dark Network (Dhruv Gupta, Vishal Gupta)....Pages 89-111 Effect of Gender on Job Satisfaction Among Academicians (Dimpy Sachar)....Pages 113-123 Trainer Engagement Versus Trainer Turnover Ratio (Karuppanna Prasad N., K. Sekar, G. Srirekha Bharani, B. Vignesh)....Pages 125-137 Supply Chain Strategies to Sustain Economic and Customer Uncertainties (Deepankar Sinha, Debasri Dey)....Pages 139-153 Front Matter ....Pages 155-155 Probing Time-Varying Conditional Correlation Between Crude Oil and Sensex (Saif Siddiqui, Arushi Gaur)....Pages 157-165 Corporate Strategies: Evidence from Indian Cross-Border Acquisitions (Samta Jain, Smita Kashiramka, P. K. Jain)....Pages 167-176 Strategies for Formulating Financial Stability Criterion to Face Challenge of Uncertainties into Energy Sector (Nirmalendunath Ghosh)....Pages 177-186 Impact of Open Offers on Shareholders’ Wealth (Rajit Verma, Anil K. Mittal)....Pages 187-198 Front Matter ....Pages 199-199 Leadership Styles in the VUCA World, Through the Eyes of Gen-Z (Deepika Dabke)....Pages 201-211 Leadership in VUCA Environment (Saniya Chawla, Usha Lenka)....Pages 213-224 Why Do Small Brands Decline? A Perspective on Indian Apparel Market (Naveen Arora, Neelotpaul Banerjee)....Pages 225-234 Non-tariff Barriers on International Trade Flows in India (Sanjay Kumar, Falguni Arora)....Pages 235-249 Employer Brand and Its External Perspective (Ruchika Sharma, Asha Prasad)....Pages 251-268 Back Matter ....Pages 269-273