Abstract
Discusses how recent changes in the European defence market have forced leading defence companies to make significant changes to their corporate strategy. Examines these changes, reviews the existing literature on strategic change in the defence sector and provides a detailed case study of British Aerospace. Shows that the process of strategy formulation is complex and changing. Moreover, makes it clear that the defence market is restructuring at a European and international level and that the process of managerial collaboration is intensifying. Says that the future of the defence industry and the strategic focus of defence firms is thus unlikely to remain in the hands of national governments but will be determined at a European or global level.
Subject
Business, Management and Accounting (miscellaneous),Business and International Management
Reference29 articles.
1. 1Walker, W. and Willett, S., “The changing European defence industrial base”, Defence Economics, Vol. 4 No. 2, 1993, pp. 141‐60.
2. 2Pugh, P., “The procurement nexus”, Defence Economics, Vol. 4 No. 2, 1993, pp. 179‐94.
3. 3Peel, D., “The impact of corporate restructuring: mergers, divestments and MBOs”, Long Range Planning, Vol. 28, No. 2, 1995, pp. 92‐101.
4. 4Bishop, P. and Williams, T., Corporate Strategy and the Restructuring of the UK Defence Industry, Plymouth Business School, University of Plymouth, Plymouth, 1996.
5. 5Smith, R. and Smith, D., “Corporate strategy, corporate culture and conversion; adjustment in the defence industry”, Business Strategy Review, Summer, 1992, pp. 45‐58.
Cited by
4 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献