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Integrated Corporate Strategy Model

Author

Listed:
  • CATALINA SORIANA SITNIKOV

    (Faculty of Economics and Business Administration, University of Craiova, Craiova, Dolj, Romania)

  • BOCEAN CLAUDIU GEORGE

    (Faculty of Economics and Business Administration, University of Craiova, Craiova, Dolj, Romania)

Abstract

Corporations are at present operating in demanding and highly unsure periods, facing a mixture of increased macroeconomic need, competitive and capital market dangers, and in many cases, the prospect for significant technical and regulative gap. Throughout these demanding and highly unsure times, the corporations must pay particular attention to corporate strategy. In present times, corporate strategy must be perceived and used as a function of various fields, covers, and characters as well as a highly interactive system. For the corporation's strategy to become a competitive advantage is necessary to understand and also to integrate it in a holistic model to ensure sustainable progress of corporation activities under the optimum conditions of profitability. The model proposed in this paper is aimed at integrating the two strategic models, Hoshin Kanri and Integrated Strategy Model, as well as their consolidation with the principles of sound corporate governance set out by the OECD.

Suggested Citation

  • Catalina Soriana Sitnikov & Bocean Claudiu George, 2014. "Integrated Corporate Strategy Model," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 258-263, February.
    • Handle: RePEc:cbu:jrnlec:y:2014:v:1:p:258-263
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