@inbook{d5ed8225a7d64da4b247a798cee2f551,
title = "New Challenges in External Environment and Business Strategy: The Case of Siberian Companies",
abstract = "The paper deals with new trends in the development of strategic management theory in knowledge economy including transition from sector analysis to the analysis of business ecosystems; building strategic business networks; increasing the role of innovative entrepreneurship, given temporary competitive advantages and dynamic external environment; and a greater focus on a value factor as a key element of corporate strategy. Based on compilation of these trends, we propose an approach to strategy formulation with special emphasis on a balance between creating value for customers and maximizing value for the company. Real cases of the Russian companies were used to show that it is very important for any company to use a balanced approach aimed at creating stakeholder value.",
keywords = "Business ecosystem, Customer values, External environment, Key competences, Strategic management",
author = "Svetlana Kuznetsova and Vera Markova",
note = "Publisher Copyright: {\textcopyright} 2017, Springer International Publishing Switzerland. Copyright: Copyright 2021 Elsevier B.V., All rights reserved.",
year = "2017",
doi = "10.1007/978-3-319-39919-5_33",
language = "English",
isbn = "978-3-319-39918-8",
series = "Eurasian Studies in Business and Economics",
publisher = "Springer Science and Business Media B.V.",
pages = "449--461",
booktitle = "Eurasian Studies in Business and Economics",
}