IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v15y2022i22p8562-d974060.html
   My bibliography  Save this article

Identification of the Strategy of the Energy and Utilities Sector from the G7 Group Countries, from the Perspective of a Dominant Strategy Approach

Author

Listed:
  • Jerzy Niemczyk

    (Department of Strategy and Management Methods, Faculty of Management, Wroclaw University of Economics and Business, Komandorska 118/120, 53-345 Wrocław, Poland)

  • Kamil Borowski

    (Independent Researcher, 01-063 Warsaw, Poland)

  • Rafał Trzaska

    (Department of Strategy and Management Methods, Faculty of Management, Wroclaw University of Economics and Business, Komandorska 118/120, 53-345 Wrocław, Poland)

  • Mateusz Trzaska

    (Department of Strategy and Management Methods, Faculty of Management, Wroclaw University of Economics and Business, Komandorska 118/120, 53-345 Wrocław, Poland)

  • Aleksandra Sus

    (Department of Management, General Tadeusz Kościuszko Military University of Land Forces, Piotra Czajkowskiego 109, 51-147 Wrocław, Poland)

  • Maciej Matuszewski

    (Department of Strategy and Management Methods, Faculty of Management, Wroclaw University of Economics and Business, Komandorska 118/120, 53-345 Wrocław, Poland)

Abstract

The aim of the research, the effect of which is this article, is to identify the hierarchy of selected approaches to building a strategy in companies from the sector of Energy and Utilities included in seven stock market indexes of the G7 countries The obtained results are related to the isolation of cognitive knowledge about the preferred approaches to the strategy in energy companies currently undergoing intensive changes and that are listed in the stock indexes of the G7 countries. The Authors proved that the strategy implementation in companies representing Energy and Utilities sectors is mainly based on the resource approach. Moreover, such an approach is supported by the classic tools of the positional school, resulting in shaping the competitive position in the sector of differentiating the Chamberlin’s rent.

Suggested Citation

  • Jerzy Niemczyk & Kamil Borowski & Rafał Trzaska & Mateusz Trzaska & Aleksandra Sus & Maciej Matuszewski, 2022. "Identification of the Strategy of the Energy and Utilities Sector from the G7 Group Countries, from the Perspective of a Dominant Strategy Approach," Energies, MDPI, vol. 15(22), pages 1-20, November.
  • Handle: RePEc:gam:jeners:v:15:y:2022:i:22:p:8562-:d:974060
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/15/22/8562/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1996-1073/15/22/8562/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Inglesi-Lotz, Roula, 2017. "Social rate of return to R&D on various energy technologies: Where should we invest more? A study of G7 countries," Energy Policy, Elsevier, vol. 101(C), pages 521-525.
    2. Giorgio Locatelli, 2018. "Why are Megaprojects, Including Nuclear Power Plants, Delivered Overbudget and Late? Reasons and Remedies," Papers 1802.07312, arXiv.org.
    3. W. Randy Evans & Milorad M. Novicevic & Walter D. Davis, 2007. "Resource-based foundations of strategic human resource management: a review and extension," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 4(1/2), pages 75-91.
    4. Jay B. Barney, 2018. "Why resource‐based theory's model of profit appropriation must incorporate a stakeholder perspective," Strategic Management Journal, Wiley Blackwell, vol. 39(13), pages 3305-3325, December.
    5. Alizadeh, Reza & Lund, Peter D. & Beynaghi, Ali & Abolghasemi, Mahdi & Maknoon, Reza, 2016. "An integrated scenario-based robust planning approach for foresight and strategic management with application to energy industry," Technological Forecasting and Social Change, Elsevier, vol. 104(C), pages 162-171.
    6. Ng, Alex & Donker, Han, 2013. "Purchasing reserves and commodity market timing as takeover motives in the oil and gas industry," Energy Economics, Elsevier, vol. 37(C), pages 167-181.
    7. Jerzy Niemczyk & Aleksandra Sus & Edyta Bielińska-Dusza & Rafał Trzaska & Michał Organa, 2022. "Strategies of European Energy Producers: Directions of Evolution," Energies, MDPI, vol. 15(2), pages 1-21, January.
    8. Falciola, Justine & Jansen, Marion & Rollo, Valentina, 2020. "Defining firm competitiveness: A multidimensional framework," World Development, Elsevier, vol. 129(C).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Łukasz Jarosław Kozar & Adam Sulich, 2023. "Green Jobs in the Energy Sector," Energies, MDPI, vol. 16(7), pages 1-20, March.
    2. Aleksandra Sus & Rafał Trzaska & Maciej Wilczyński & Joanna Hołub-Iwan, 2023. "Strategies of Energy Suppliers and Consumer Awareness in Green Energy Optics," Energies, MDPI, vol. 16(4), pages 1-23, February.
    3. Łukasz Jarosław Kozar & Adam Sulich, 2023. "Energy Sector’s Green Transformation towards Sustainable Development: A Review and Future Directions," Sustainability, MDPI, vol. 15(15), pages 1-18, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Herve Kabanda & Alex Romard & Fuze Yurtsever & Anjali Wadhera & Joshua Andrews & Craig Merrett, 2021. "Construction Time Estimation Function for Canadian Utility Scale Power Plants," Energies, MDPI, vol. 14(17), pages 1-16, August.
    2. Müller-Stewens, Günter & Stonig, Joachim, 2023. "Auf dem Weg zum Stakeholder-Kapitalismus: Merkmale und Konsequenzen einer sich verändernden institutionellen Logik," Die Unternehmung - Swiss Journal of Business Research and Practice, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 77(4), pages 316-333.
    3. Xu, Bin & Lin, Boqiang, 2018. "Do we really understand the development of China's new energy industry?," Energy Economics, Elsevier, vol. 74(C), pages 733-745.
    4. Ting Qian & Caoyuan Yang, 2023. "State-Owned Equity Participation and Corporations’ ESG Performance in China: The Mediating Role of Top Management Incentives," Sustainability, MDPI, vol. 15(15), pages 1-21, July.
    5. Wang, Yadong & Wang, Delu & Shi, Xunpeng, 2023. "Sustainable development pathways of China's wind power industry under uncertainties: Perspective from economic benefits and technical potential," Energy Policy, Elsevier, vol. 182(C).
    6. Cecilia Varendh-Mansson & Tyler Wry & Ariane Szafarz, 2020. "Anchors Aweigh? Then Time to Head Upstream Why we Need to Theorize “Mission” before “Drift”," Working Papers CEB PostPrintCEB024, ULB -- Universite Libre de Bruxelles.
    7. Dodd, Olga & Frijns, Bart & Garel, Alexandre, 2022. "Cultural diversity among directors and corporate social responsibility," International Review of Financial Analysis, Elsevier, vol. 83(C).
    8. Changhyun Kim & Yoonseok Zang & Heli Wang & Kate Niu, 2024. "When Do Corporate Good Deeds Become a Burden? The Role of Corporate Social Responsibility Following Negative Events," Journal of Business Ethics, Springer, vol. 192(2), pages 285-306, June.
    9. Mustafa Polat & Karahan Kara & Avni Zafer Acar, 2023. "Competitiveness based logistics performance index: An empirical analysis in Organisation for Economic Co-operation and Development countries," Competition and Regulation in Network Industries, , vol. 24(2-3), pages 97-119, June.
    10. Jacob Owenga & Rayviscic Mutinda & Isabella Mapelu, 2024. "Moderating Effect of Government Policies and Regulations on the Relationship between Diversification Strategies and Organizational Performance among Star Rated Hotels in the Kenyan Coast," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(1), pages 866-880, January.
    11. Reddy, Kotapati Srinivasa, 2015. "Why do Cross-border Merger/Acquisition Deals become Delayed, or Unsuccessful? – A Cross-Case Analysis in the Dynamic Industries," MPRA Paper 63940, University Library of Munich, Germany, revised 2015.
    12. Hafezi, Reza & Akhavan, AmirNaser & Pakseresht, Saeed & Wood, David A., 2019. "A Layered Uncertainties Scenario Synthesizing (LUSS) model applied to evaluate multiple potential long-run outcomes for Iran's natural gas exports," Energy, Elsevier, vol. 169(C), pages 646-659.
    13. Alizadeh, Reza & Gharizadeh Beiragh, Ramin & Soltanisehat, Leili & Soltanzadeh, Elham & Lund, Peter D., 2020. "Performance evaluation of complex electricity generation systems: A dynamic network-based data envelopment analysis approach," Energy Economics, Elsevier, vol. 91(C).
    14. Hailemariam, Abebe & Ivanovski, Kris & Dzhumashev, Ratbek, 2022. "Does R&D investment in renewable energy technologies reduce greenhouse gas emissions?," Applied Energy, Elsevier, vol. 327(C).
    15. Cristiana Ioana Șerbănel, 2020. "When Competitiveness in the Agriculture Sector Becomes Mandatory. Romania Case Study," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 536-542, December.
    16. Crick, James M. & Crick, Dave, 2021. "The dark-side of coopetition: Influences on the paradoxical forces of cooperativeness and competitiveness across product-market strategies," Journal of Business Research, Elsevier, vol. 122(C), pages 226-240.
    17. Jodlbauer, Herbert & Tripathi, Shailesh & Brunner, Manuel & Bachmann, Nadine, 2022. "Stability of cross impact matrices," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    18. Hsu, Kuang-Chung & Wright, Michael & Zhu, Zhen, 2017. "What motivates merger and acquisition activities in the upstream oil & gas sectors in the U.S.?," Energy Economics, Elsevier, vol. 65(C), pages 240-250.
    19. Sophie Bacq & Ruth V. Aguilera, 2022. "Stakeholder Governance for Responsible Innovation: A Theory of Value Creation, Appropriation, and Distribution," Journal of Management Studies, Wiley Blackwell, vol. 59(1), pages 29-60, January.
    20. Galinato, Gregmar I. & Hyland, Marie & Islam, Asif M., 2022. "Does corporate social responsibility benefit society? Evidence from Latin America," Emerging Markets Review, Elsevier, vol. 53(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:15:y:2022:i:22:p:8562-:d:974060. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.