Strategic thinking and industrial restructuring

Main Article Content

Julio Alfonso González-Mendoza https://orcid.org/0000-0001-6329-3347
Jorge Sánchez-Molina https://orcid.org/0000-0002-9080-8526
Maribel Cárdenas-García https://orcid.org/0000-0003-3404-8806

Keywords

Organizational change, business cluster, strategic decisions, systems thinking, ceramic industry

Abstract

Objective: This research aimed to determine the elements of strategic thinking and industrial restructuring of ceramic clusters and establish the correlation between them. Method: This research used a quantitative hypothetic–deductive method to establish the relationship between strategic thinking and productive restructuring. This information was obtained by interviewing executives from 49 organizations in the ceramic industry. Results: The main findings indicate that the elements of strategic thinking were found in the organizations under study. In contrast, only two were present in industrial restructuring. Furthermore, this research found a positive bidirectional relationship between strategic thinking and industrial restructuring. Discussions: Although the study showed that all the elements of strategic thinking and industrial restructuring were present, one of the elements did not correlate with the elements of industrial restructuring. Conclusions: The resulting model showed that four out of five elements of strategic thinking have a direct and bidirectional correlation with the three elements of productive restructuring. This finding means that taking strategic measures based on any of these four elements will affect the elements of industrial restructuring and vice versa.

Downloads

Download data is not yet available.
Abstract 2727 | PDF (Español (España)) Downloads 830 XML (Español (España)) Downloads 82 ePUB (Español (España)) Downloads 27

References

Abraham, S. (2005). Stretching strategic thinking. Strategic & Lieadership, 33(5), 5-12. https://doi.org/10.1108/10878570510616834

Amabile, T. (1998). How to kill creativity. Harvard Business Review, 76(5), 77–87. https://www.hbs.edu/faculty/Pages/item.aspx?num=7420

Annherys, P., Jaiham, H., & García, J. (2015). Toma de decisiones: reto para crear ventajas competitivas en las distribuidoras de alimentos gourmet. Desarrollo Gerencial, 7(2). https://doi.org/10.17081/dege.7.2.1183

Audretsch, D., Carree, M., Van Stel, A. & Thurik, R. (2002). Impeded industrial restructuring: The growth penalt. Kyklos, 55(1), 81-98. https://doi.org/10.1111/1467-6435.00178

Ayala, E. (2021, 22 de marzo). Área metropolitana de Cúcuta: historia de un territorio, una frontera y una región. Institutos de Estudios Urbanos, Universidad Nacional de Colombia. http://ieu.unal.edu.co/en/medios/noticias-del-ieu/item/area-metropolitana-de-cucuta-historia-de-un-territorio-una-frontera-y-una-region

Bisquerra, R. (1989). Métodos de Investigación Educativa. Guía Práctica. CEAC.

Blanco, A., & Peralta, P. (2015). Competitividad y estructura organizacional de las PYMES del sector alimento en Barranquilla. Una perspectiva conceptual. Desarrollo Gerencial, 7(2), 170-187. https://doi.org/10.17081/dege.7.2.1187

Boland, R. (1984). Sense-making of accounting data as a technique of organizational diagnosis. Management Science, 30(1), 868–882. https://doi.org/10.1287/mnsc.30.7.868

Bonn, I. (2005). Improving strategic thinking: A multilevel approach. Leadership and Organization Development Journal, 26(5), 336–354. https://doi.org/10.1108/01437730510607844

Bowman, E. & Singh, H. (1993). Corporate Restructuring: Reconfiguring the firm. Strategic Management Journal, 2(14), 5-14. https://doi.org/10.1002/smj.4250140903

Bowman, E. & Singh, H. (2013). When does restructuring improve performance? California Management Review, 41(2), 34-54.

Bowman, E., Singh, H., Useem, M. & Bhadury, R. (1999). When Does Restructuring Improve Economic Performance? California Management Review, 41(2), 32-54.

Cámara de Comercio de Cúcuta [CCC]. (2018). Informe de Gestión 2017. http://www.cccucuta.org.co/media/transparencia_2017/informe_de_gestion_2017.pdf

Cámara de Comercio de Cúcuta [CCC]. (2018). Las 100 empresas más representativas. https://www.cccucuta.org.co/media/Adjuntos_de_Noticias/empresas_mas_representativas_2015.pdf

Cámara de Comercio de Cúcuta [CCC]. (2019). Impacto económico de la migración sobre la economía de norte de Santander. https://www.cccucuta.org.co/media/reportecierrefrontera.pdf

Collins, J. & Porras, J. (1994). Built to last: successful habits of visionary companies. Harper Business, 6(3), 84-84. https://doi.org/10.1002/cir.3880060321

Davies, T., Boczko, T. & Chen, C. (2008). Strategic Corporate Finance. McGraw-Hill Education.

Davis, J., Eisenhardt, K. & Bingham, C. (2009). Timal Structure, Market Dynamism, and the Strategy of Simple Rules. Administrative Science Quarterly, 2(22), 413-452. http://www.sciepub.com/reference/251728

De Bono, E. (1996). Serious creativity. HarperCollins.

Departamento Administrativo Nacional de Estadísticas [DANE]. (2006). Informe de Coyuntura Económica Regional Departamento Norte de Santander Segundo semestre de 2005. https://www.dane.gov.co/files/icer/2005/norte_santan/norte_santander_II05.pdf

Departamento Nacional de Estadísticas [DANE]. (2019). Encuesta anual manufacturera 2016. https://formularios.dane.gov.co/Anda_4_1/index.php/catalog/493/related_materials

Dess, G., Lumpkin, T. & Eisner, A. (2011). Administración estratégica: Textos y casos. McGraw-Hill.

Dewey, J. (1989). Cómo Pensamos. Nueva exposición de la relación entre el pensamiento reflexivo y proceso educativo. Paidós.

Díaz-Calzada, M., Morgan-Beltrán, J. y Arredondo-Morales, A. (2020). Equipos de alto desempeño para la competitividad de empresas de servicios industriales. Desarrollo Gerencial, 12(1), 1-19. https://doi.org/10.17081/dege...3685

Gibbs, P. (1993). Determinants of corporate restructuring: The relative importance of corporate governance, takeover threat, and free cash flow. Strategic Management Journal, 14(51), 51-68. https://www.jstor.org/stable/2486420

Gilson, S. (2010). Creating Value Though Corporate Restructuring. Case Studies in Bankruptcies, Buyouts, and Breakups. John Wiley & Sons.

González, J. y Sierra, M. (2018). Frontera Colombia-Venezuela: redes de gobernanza y cooperación transfronteriza. Estudios Migratorios Latinoamericanos, 83(4), 4-25.

Hane, P. (2012). How well will restructure to create to separate companies. Information, 4(3), 1-6.

Jelenc, L. (2008). The impact of strategic management schools and strategic thinking on the performance of Croatian entrepreneurship practice. [tesis doctoral, University of Ljubljana]. Repositorio institucional ULS.

Kanter, R. (1989). When Giants Learn to Dance. Mastering the Challenges of Strategy, Management, and Careers in the 1990s. Routledge. In Simon & Schuster. Planning Review (Chapters 5 and 6). https://www.hbs.edu/faculty/Pages/item.aspx?num=8833

Laryea, T. (2010, January 26). Approaches to Corporate Debt Restructuring in the Wake of Financial Crises. Staff Position. International Monetary Fund. https://www.imf.org/external/pubs/ft/spn/2010/spn1002.pdf

Liedtka, J. & Rosenblum, J. (1998). Shaping conversations: Making strategy, management change. California Management Review, 39(1), 141-157. https://doi.org/10.2307%2F41165880

Liedtka, J. (1998). Strategic Thinking: Can it be Taught? Long Range Planning, 31(1), 120-29. https://doi.org/10.1016/S0024-6301(97)00098-8

Longoria, R., Cantú, H. y Ruiz, D. (2006). Pensamiento creativo. Universidad Autónoma de Nuevo León.

López, D. y Pineda, L. (2007b). Tercer informe: Factores que generan ventaja competitiva. Estrategia para la conformación del clúster y plan estratégico para la cadena productiva de la cerámica en Cúcuta. Qubit Cluster Technology Based Consortium.

López, D. y Pineda, L. (2007c). Cuarto informe: Plan Estratégico Clúster Industria de la Cerámica en Norte de Santander. Estrategia para la conformación del clúster y plan estratégico para la cadena cerámica en Cúcuta. Qubit Cluster Technology Based Consortium.

Moon, B. (2013). Antecedents and outcomes of strategic thinking. Journal of Business Research, 66(10), 1698–1708. http://dx.doi.org/10.1016%2Fj.jbusres.2012.11.006

Moyer, R., McGuigan, J. & Kretlow, W. (1998). Contemporary Financial Management. Contemporary Financial Management.

Neustadt, R. & May, E. (1986). Thinking inTime: The Uses of History for Decision-Makers. Free Press.

Nippa, M., Pidun, U. & & Rubner, H. (2011). Corporate porfolio management: Appraising four decades of academic research. Academy of Management Perspectives, 25(4), 50-67. https://www.jstor.org/stable/23208293

Obiedy, A. & Qadoorie, F. (1998). Strategy of choosing and developing higher administrative leadership. https://mccormickcenter.nl.edu/library/administrative-leadership-what-is-it-why-is-it-important/

Park, C. & Kim, S. (2008). Corporate governance, regulatory changes, and corporate restructuring in Korea. Journal of World Business, 43(1), 1993-2004. https://doi.org/10.1016/j.jwb.2007.10.008

Pathak, S., Hoskisson, R. & Johnson, R. (2014). Settling up in CEO compensation: The impact of divestiture intensity and contextual factors in refocusing firms. Strategic Management Journal, 38(4), 1124-1143. https://www.jstor.org/stable/24037302

Peñafiel, L. (2020). ¿Migración venezolana un problema para Latinoamérica? un análisis a través de la historia y sus determinantes. Gestiones Económicas, 30(1), 1-28. https://doi.org/10.47550/RCE/30.1.5

Pineda, L., López, D. y Díaz, R. (2007). Primer informe: Diseño del mapa de los componentes del clúster alrededor de su cadena productiva. Estrategia para la conformación de clúster y plan estratégico para la cadena de cerámica en Cúcuta. Qubit Clúster Technology Based Consortium.

Pistamaro, F. y Gehring, H. (2018). Retos y Oportunidades de la movilidad humana venezolana en la construcción de una política migratoria colombiana. https://www.kas.de/documents/287914/287963/Retos+y+oportunidades+de+la+movilidad+humana+venezolana+en+la+construcci%C3%B3n+de+una+pol%C3%ADtica+migratoria+colombiana.pdf/bcee4a33-9677-4405-bc16-b10dc4565937

Puerta, M. (2018). Venezuela: The Decline of a Democracy. Valencia College, 2(4), 2-10. DOI: 10.1057/s41301-018-0157-6

Sánchez, J., González, J. y Avendaño, W. (2019). El clúster Cerámico (1ª ed.). Apuesta de desarrollo Económico de Norte de Santander. Ecoe Ediciones.

Sánchez, J., Ramírez, R. y González, J. (2019). La Industria de los chircales artesanales del Área Metropolitana de Cúcuta. Ecoe Ediciones.

Sarabia, A., Sánchez, J. & González, J. (2020). Retos y tendencias del sector cerámico artesanal de Cúcuta y su área metropolitana. Respuestas, 25(S1), 67-79. https://revistas.ufps.edu.co/index.php/respuestas/article/view/1903

Schonhaar, S., Nippa, M. & Pidun, U. (2014). From patchwork to theory development: Mapping and advancing research about business porfolio restructuring. Management Review Quarterly, 64(3), 157-200.

Senge, P. (1990). The fifth discipline. Random House.

Senge, P. (1999). La Quinta Disciplina. Cómo impulsar el aprendizaje en la organización inteligente. Granica.

Stacey, R. (1996). Emerging strategies for a chaotic environment. Long Range Planning, 29(1), 182–189. https://doi.org/10.1016/0024-6301(96)00006-4

Tomadomi, C., Búffalo, L. y Berti, N. (2009). Lógicas de configuración industrial: una propuesta teórico-metodológica de análisis. http://www.observatoriogeograficoamericalatina.org.mx/egal12/Geografiasocioeconomica/Geografiaindustrial/11.pdf

Weick, K. (1995). Sensemaking in organizations. Sage Publications.

Wu, Z. & Delios, A. (2009). The emergence of porfolio restructuring in Japan. Management International Review, 49(3), 313-335.