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Series:   Elements in Business Strategy

Global Strategy in Our Age of Chaos

How Will the Multinational Firm Survive?

Published online by Cambridge University Press:  23 March 2024

Stephen Tallman  and
Mitchell P. Koza
Stephen Tallman
Affiliation:
University of Richmond, Virginia
Mitchell P. Koza
Affiliation:
Rutgers University, New Jersey

Summary

Chaotic environments are producing unique and unprecedented challenges for multinational companies, challenges that raise important questions about whether and how multinationals will survive or wither away. This Element explores both the macro political, economic, technological, and social forces impacting international business and the strategic management adaptations that leading companies have deployed to respond to these challenges. We observe that a new organizational form – the Global Multi-Business – has evolved that may be especially adapted to respond to and challenge a world in which change is ubiquitous, with the direction of change unpredictable and the pace of change accelerating. It accomplishes this through the strategic assembly of the organization and the animation of its many parts.
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Keywords

multinational managementglobal businessglobal strategyglobal business environmentglobal supply chains
Type
Element
Information
Series: Elements in Business Strategy
Online ISBN: 9781009384957
Publisher: Cambridge University Press
Print publication: 02 May 2024

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