Strategic Adaptation

1. Introduction.- 1.1 Creating and maintaining value through adaptation.- 1.2 Cultural influences on strategic adaptation.- 2. Overview of the research design.- 3. Overview of key concepts.- 3.1 Strategy and strategic decision-making.- 3.2 Major environmental changes.- 3.3 Adaptation as a concept in strategic management.- 3.4 National culture as an influencing factor on managerial decision-making.- 3.5 Summary of the key concepts.- 4. The strategic adaptation process: a literature review.- 4.1 Different approaches to adaptation.- 4.2 Cognitive perspectives of the strategic adaptation process.- 4.3 A model of the strategic adaptation process.- 4.4 Summary of the strategic adaptation process.- 5. Strategic action in response to economic crises.- 5.1 Rationalizing versus protection/pre-emption strategies.- 5.2 Focus on the core business versus diversification strategies.- 5.3 Internally-directed versus externally-directed strategies.- 5.4 Summary of adaptation strategies in responseto economic crisis.- 5.5 Hypotheses on the link between strategic issue analysis and strategic action in response to economic crises.- 6. Cultural differences between Austria and Slovenia.- 6.1 Performance orientation.- 6.2 Future Orientation.- 6.3 Assertiveness.- 6.4 In-Group Collectivism.- 6.5 Uncertainty Avoidance.- 6.6 Gender Egalitarianism.- 6.7 Cultural dimensions without significant differences between Austria and Slovenia.- 6.8 Summary of cultural differences between Austria and Slovenia.- 7. Cultural influences on the adaptation process.- 7.1 Hypotheses on cultural influences on strategic issue diagnosis.- 7.2 Hypotheses on cultural influences on strategic action in response to the economic crisis.- 7.3 Hypotheses on cultural influences on political and decision behaviour in strategic decision-making processes.- 8. Qualitative study: management interviews about strategic adaptation to the financial and economic crisis.- 8.1 Sample and data collection of the qualitative study.- 8.2

Lecturer for International Management and Program Director of the International Business Management Master's program at Carinthia University of Applied Sciences in Villach, Austria. In his managerial career, he was the managing director and publisher of a leading Austrian and Croatian book publishing group and the CEO of a media company based in Ljubljana, Slovenia, where he founded the country's highest-circulation daily newspaper and leading newspaper portal.