Strategic fit relates to the situation in which various resources of organization (human, financial, material, technology, knowledge) are aligned with strategic goals and development objectives set by managers in the organization during strategic management process.Strategic fit can be divided into various sub-fits e.g. Seine Leitidee ist, daß nicht das isolierte Vorhandensein eines Erfolgsfaktors für den Unternehmenserfolg maßgeblich ist, sondern daß erst die Abstimmung von Umfeldbedingungen, Unternehmensstrategie und Unternehmensstrukturen und - fähigkeiten nachhaltig Erfolg bewirkt. The latter variable generally is organizational performance. Strategic fit express the degree to which an organization is matching its resources and capabilities with the opportunities in the external environment. Strategic-Fit-Ansatz Konzept im Rahmen der Erfolgsfaktorenforschung. The greater the strategic fit, the higher the performance. financial strategic fit, market strategic fit, technology strategic fit. If I remember correctly, strategic fit (in supply chain management context) was introduced in the book “Supply Chain Management: Strategy, Planning and Operations” by Sunil Chopra. Strategic Fit. Strategic Fit. For example, Southwest Airlines is a low-cost leader. The concept of strategic fit implies that a relationship between two variables exists, which predicts a third variable [7]. The matching takes place through strategy and it is therefore vital that the company have the actual resources and capabilities to execute and support the strategy. Fundamentally, these questions around strategic fit shed light on the potentially far-reaching implications of putting purpose at the core of the firm’s strategic thinking. Definition of Project Strategic Fit: Involves the alignment of the project with macro-organizational level elements (e.g. Strategic Fit of an organisation defines the how well the resources and capabilities matched with the opportunities to the external environment. Fit is the core construct of contingency theory [8]. is assigned to the following subject groups in the lexicon: BWL Allgemeine BWL > Unternehmensführung und Management > Grundlagen und Funktionen der Unternehmensführung Weiterführende Schwerpunktbeiträge A strategic fit between two or more organizational elements reflects the degree to which these elements complement each other in achieving a certain business objective or goal. The key to cost-sharing and skills transfer opportunities is diversification into business with strategic fit. vision, cultural values, business strategies, and process architecture). Strategic planning expert Michael Porter uses the term strategic fit to sum up the idea that each department s functional strategy should fit and support the company s competitive aims. 2.1 Fundamentals: strategic fit and the contingency theory of organizations. It aims to … Strategic fits among related businesses offer the competitive advantage potential of (a) lower costs or (b) efficient transfer of key skills, technological expertise, or managerial know-how. The Importance of Strategic Fit. Definition: Strategic Fit.
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