The observed corporate changes in many supply chains in Australia suggest that instability rather than stability is a consistent pattern in corporate supply chain relationships. This observation should not be surprising given the dynamic impacts of competitive strategy and has been extensively explained in vast strategic management literature. Recent discourse seeks to understand the role and behavior of firms and inter-firm dynamics and challenges prior assumptions held by many supply chain academics in favor of new theory-building that recognizes market and supply chains operating in disequilibrium, using imperfect information, and conducting transactions through asymmetrical or opportunistic relationships. Supply chain thinking has previously assumed that collaboration and value sharing offers the most effective means of success for the supply chain firm. Success however, is rarely defined. Linkages to the strategic management literature are fostered broader perspectives by referring to theories on competitive advantage, resource theory, behavior and transaction cost economics.
[...] Firstly, a key advantage of the framework is its ability to explain migratory pathways leading to any contemporary position, and secondly offers a method of identifying (and hypothesising) the strategies for developing future power resources and impacts for the focal firm and its dyadic partner Conclusion Understanding stability, instability or transient factors influencing power relativity in corporate supply chain relationships remains underdeveloped in SCM literature, and greater attention needs to be given to integrating the supply chain and strategic management literature into a wider theoretical explanation of strategic intent and stability. [...]
[...] J. Teece (Eds.), Fundamental Issues in Strategy: 229-246: Harvard Business School Press. Sanderson, J Opportunity and constraint in business-to-business relationships: insights from strategic choice and zones of manoeuvre. Supply Chain Management: An International Journal 392 - 401. Santos, F. M., & Eisenhardt, K. M Organizational Boundaries and Theories of Organization. Organization Science: A Journal of the Institute of Management Sciences 491-508. Stebbins, R. A Concatenated exploreation: notes on a neglected type of longitudinal research. Quality and Quantity, 26: 435-492. van [...]
[...] Future research will seek to validate a number of the key findings to date, with particular reference to the Australian grains sector supply chains Introduction So far, an integrated view of the SCM and strategic management literature has been promoted as a more robust basis for explaining the dynamic characteristics of interfirm arrangements and their causal impact on chain stability. In support, references to the work of Andrew Cox are woven throughout the argument. Cox et al. proposes a way of thinking” about supply chains and business success, and integrates strategic management research on resources, information asymmetry, isolating and market closure mechanisms in supply chains. [...]
[...] Understanding the scope and timing of exogenous and endogenous disturbances, the change/migration pathways, and the tactics for achieving organisational balance and coherence is enhanced by integrating a number of supplementary theories into the Cox framework: alternative conceptions of firm boundaries, based on efficiency, power, competence, and identity perspectives and market failure responses competitor analysis, interfirm rivalry and explanations of pre-battle competitive tension longitudinal modeling of dynamics of strategic fit, environmental forces and organisational resources and deliberate leverage of relational or informational asymmetries to augment sustainable capabilities [23][25]. [...]
[...] Strategic Management Journal 997-1010. Hill, C. W. L., & Rothaermel, F. T The Performance of Incumbent Firms in the Face of Radical Technological Innovation. Academy of Management Review 257-274. Kraatz, M. S., & Zajac, E. J How Organizational Resources Affect Strategic Change and Performance in Turbulent Environments: Theory and Evidence. Organization Science: A Journal of the Institute of Management Sciences 632. Laughlin, R. C Accounting systems in organisational contexts: A case for critical theory. Accounting, Organizations and Society 479-502. Laughlin, R. [...]
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