Please use this identifier to cite or link to this item: https://doi.org/10.1016/j.bushor.2013.04.004
Title: The neglected need for strategic renewal in emerging markets: Lessons from Vietnam in transition
Authors: Taussig, M. 
Keywords: Emerging markets
Environmental change
Strategic renewal
Vietnam
Issue Date: Jul-2013
Source: Taussig, M. (2013-07). The neglected need for strategic renewal in emerging markets: Lessons from Vietnam in transition. Business Horizons 56 (4) : 465-471. ScholarBank@NUS Repository. https://doi.org/10.1016/j.bushor.2013.04.004
Abstract: Research on strategy in emerging markets is based on overly static representations, paying insufficient attention to the impact of contextual change on the value of firms' resources. This article examines how a sample of the most successful Vietnamese private companies during the first decade of their country's transition from central planning was affected by the shifting rules of the game in their business environment. I suggest the primary takeaway is that sustained superior performance in an environment with changing keys to success requires dedicated and ongoing strategic renewal. I also suggest the need for both scholars and managers to immerse themselves in emerging markets if they care to fully understand the granular ways in which these settings differ from more familiar advanced economies. © 2013 Kelley School of Business, Indiana University.
Source Title: Business Horizons
URI: http://scholarbank.nus.edu.sg/handle/10635/116639
ISSN: 00076813
DOI: 10.1016/j.bushor.2013.04.004
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