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California Management Review
California Management Review is a premier academic management journal published at UC Berkeley
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Article Information
Strategic Agility in MNEs: Managing Tensions to Capture Opportunities Across Emerging and Established Markets
Fourne, Sebastian P.L., Justin J.P. Jansen, and Tom J.M. Mom
56
/
3
(
Spring
2014
):
13
-
38
Traditional sources of sustainable competitive advantage are very rare in today's heterogeneous and hypercompetitive global business environment. This article identifies and illustrates three dynamic capabilities - sensing local opportunities, enacting global complementarities, and appropriating local value - by which MNEs in these markets, strategic agility is a meta-capability that enables them to create and deploy these three capabilities in a dynamic balance over time. Doing so demands embracing the tensions between these capabilities effectively.