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Early Warning System – a Strategic Instrument for Turbulent Times

Author

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  • Leon Ramona – Diana

    („Alexandru Ioan Cuza” University of Iasi)

Abstract

This paper aims to identify the elements that an early warning system should include in order to facilitate the strategic planning of an organization during turbulent times. In order to achieve this goal a content analysis has been used on 27 articles which have been published during 1996 – 2011 in the databases from SAGE Publications, Emerald Group Publishing and Science Direct. We had been selected only the articles that included in title, abstract or keywords one of the next phrases: “uncertainty”, “turbulence” or “early warning system”. Most of the selected papers belong to journals from the area of general management and knowledge management which shows a reduced interest for this instrument in the strategic management field. In this article we have been showed that the early warning system is mainly oriented towards outside the organization and includes demographic, economic, legislative, financial, market and product range indicators.

Suggested Citation

  • Leon Ramona – Diana, 2011. "Early Warning System – a Strategic Instrument for Turbulent Times," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1143-1148, May.
  • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1143-1148
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    More about this item

    Keywords

    turbulence; early warning system; strategy; artificial neural network.;
    All these keywords.

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General

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