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Strategic Management under the Context of Environmental Uncertainty

In: Emerging and Evolving Business and Management Issues in Vietnam Research and Practice

Author

Listed:
  • Thanh Dinh Su
  • Luc Phan Tan
  • Thu-Hang Le
  • Angelina Nhat Hanh Le
Abstract
Uncertainty is an inevitable aspect of business strategy. This chapter aims to provide a systematic literature review of strategic management under the context of environmental uncertainty by compiling some of the most important problems and difficulties in its strategic management. A total of 725 publications from the Web of Science databases were analyzed in an effort to compile some of the most important problems and difficulties in the strategic management of this issue. Research has explored the dimensions of environmental uncertainty, factors affecting perceived environmental uncertainty, relationships in the context of environmental uncertainty, methods and new approaches to environmental uncertainty, strategies for different types of environmental uncertainty, theoretical problems in strategic management under the context of environmental uncertainty, aspects of strategic management (strategic planning, strategy formulation, and strategy implementation) and environmental uncertainty, and environmental uncertainty management. The results provide an overall picture of strategic management issues within the context of environmental uncertainty in order to suggest possibilities for future research into the problems and solutions, as well as identify more sophisticated approaches to managing uncertainty.

Suggested Citation

  • Thanh Dinh Su & Luc Phan Tan & Thu-Hang Le & Angelina Nhat Hanh Le, 2024. "Strategic Management under the Context of Environmental Uncertainty," World Scientific Book Chapters, in: Hoai Trong Nguyen & Thanh Dinh Su & Toan Luu Duc Huynh & Angelina Nhat-Hanh Le (ed.), Emerging and Evolving Business and Management Issues in Vietnam Research and Practice, chapter 1, pages 1-42, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811286100_0001
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    Keywords

    Strategic Management; Environmental Uncertainty; Digital Marketing; Marketing and Digital Shift; Cultural Intelligence; Quality Measurement; Prosumption; Transitional Economy; IoT Adoption; Market Orientation; Social Investment; Productivity Growth; Fintech; New Managerialism; Financial Literacy; Digital Literacy; Personal Financial Management; Digital Financial Services; Vietnam;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F44 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Business Cycles
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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