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Contribution to reduce risks related to strategic decisions in new uncertain competitive environments: The case of Algerian State-Owned Firms

Journal of Intelligence Studies in Business

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Title Contribution to reduce risks related to strategic decisions in new uncertain competitive environments: The case of Algerian State-Owned Firms
 
Creator Baaziz, Abdelkader
Quoniam, Luc
 
Subject Information Systems
Competitive Intelligence, Buisness Intelligece, Knowledge Management
 
Description The aim of this paper is to show the complexity of the political, legal, social and economic environments where the Algerian State-Owned Firms operate. These environments are qualified by “uncertainty” given the instability of the different parameters cited. Since 1988, Algeria has initiated deeper economic reforms supported by significant legislation and international agreements. In this uncertain environment, Algerian State-Owned Firm cannot rely only on their internal capabilities. They should, create partnerships, both with suppliers, subcontractors, universities and even competitors. There is a need for these firms to: Transform their organization to a new form improved for unexpected events and enough resilience to adapt to uncertain environments. Build a Strategic Intelligence Information System able to facilitate decision-making and reduce risks inherent to the strategic choices. Find ways to reverse choice when unexpected events occur. This article shows there is a need to handle the following risks: Inertia against the process of organizational transformation, wrong understanding of the received signals from the environment and poor reaction of the decision-maker to signals and events in the environment.
 
Publisher Journal of Intelligence Studies in Business
 
Contributor —
 
Date 2014-06-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
Opinion
 
Format application/pdf
 
Identifier https://ojs.hh.se/index.php/JISIB/article/view/86
 
Source Journal of Intelligence Studies in Business; Vol 4, No 1 (2014): JISIB
2001-015X
2001-0168
 
Language eng
 
Relation https://ojs.hh.se/index.php/JISIB/article/view/86/85