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East Asian Management Research in Industry, Innovation and Technology
A new theoretical approach to internationalisation strategies: First thoughts about a metastrategy
René Haak
Deputy Director; Head of Business and Economics Section, German Institute for Japanese Studies Tokyo, Chiyoda-Ku, Tokyo, Japan
Abstract
The internationalisation of the firm is one of the biggest strategic challenges facing management at the beginning of the 21st Century.
This paper is offering first thoughts about a new strategy level, the metastrategy. This new strategy level is developing against the background of discussion on centralised internationalisation strategies from a systematic, theoretical perspective. The metastrategy brings a new perspective to the interrelationship of the strategy levels (corporate, business and functional strategy).
As a superordinate strategy manifesting management thought and action patterns, it creates a frame of reference for the formulation of further strategies. How? The strategy integrates in various ways by performing different functions (identification, motivation and identity function) on the information relevant to the success and production of goods and services, that is distributed over the internal and the interorganisational network. More than other models, the metastrategy means a greater degree of cultural integration, in the form of shared values, visions, style and philosophies.
Keywords
strategy, internationalisation, networks, co-operation, competition, cultural integration, global metastrategy
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