<p>This article’s focus is on re-strategizing when firms facing highly challenging and difficult conditions, such as crises, national and international trade and commerce restrictions, amongst others, capable of adversely impacting their continued growth nationally and internationally as well affecting their healthy relations with their employees, buyers, supplier and other stake holders; and possibly threatening their continued existence. It highlights global evolution in the environment in the early years of the new Millenia that stimulated worldwide growth and prosperities as well as evolving conditions causing crises, and crises-like conditions, harming firms, institutions, and people locally and globally alike. Supported by published empirical and theoretical research, it presents frequently used and reliable strategic frameworks in some details to enable enterprises to not only perform analytic analysis of their conditions, but also to formulate advancing potent strategies to move forward, continually exploring alternative prudent strategies, and monitoring their respective growth nationally and internationally.</p>

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Re-strategizing frameworks: SMEs’ search for optimal performance strategies when facing challenges of instability, global change, and emerging restrictions

  • Hamid Etemad

摘要

This article’s focus is on re-strategizing when firms facing highly challenging and difficult conditions, such as crises, national and international trade and commerce restrictions, amongst others, capable of adversely impacting their continued growth nationally and internationally as well affecting their healthy relations with their employees, buyers, supplier and other stake holders; and possibly threatening their continued existence. It highlights global evolution in the environment in the early years of the new Millenia that stimulated worldwide growth and prosperities as well as evolving conditions causing crises, and crises-like conditions, harming firms, institutions, and people locally and globally alike. Supported by published empirical and theoretical research, it presents frequently used and reliable strategic frameworks in some details to enable enterprises to not only perform analytic analysis of their conditions, but also to formulate advancing potent strategies to move forward, continually exploring alternative prudent strategies, and monitoring their respective growth nationally and internationally.