Strategic Response to Turbulence

Edited by Karol Marek Klimczak, Professor of Management, Lodz University of Technology, Lodz, Poland and Yochanan Shachmurove, Professor of Economics and Business, City College and Graduate Center, City University of New York, New York, USA

• Contents1 Managing strategic change in times of global volatility: anintroduction 1Karol Marek Klimczak and Yochanan Shachmurove2 Metamorphosis: Facebook’s strategic transformation into Meta 13Marco Tulio Daza-Ramírez3 Lessons from emergency remote teaching adaptation and itsenduring impact: the case of UTEPSA in Bolivia 31Ruben Dario Dabdoub Azogue and Mónica Graciela AraucoUrzagaste4 From resilience to antifragility: unveiling North AfricanSMEs’ strategies amidst systemic disruptions 47Ouafaa Hmaddi and Adnane Addioui5 A risk management culture for effective management ofsupply chain climate-related risk disruptions: evidence fromKenya 65Mary Aming’a, David Mathuva and Jonathan Annan6 CEOs and firm innovation: the role of political ideology 87Samira Fallah, Ali Samei and Mehdi Samimi7 Communicating strategic change in social media: lessonsfrom the world’s largest ICT companies 103Jadwiga Machnik, Łukasz Bryl, Jan Makary Fryczak andDominika Hadro8 Climate change risks and business resilience strategies 118Monika Wieczorek-Kosmala, Marco Papa, Don Pagach andKarel Hlaváček9 Strategic response to the energy crisis in Germany: the caseof BASF 135Markus Selg and Ahmed Farhod10 Consumer motivations as a driver of strategic changes in theenergy sector 149Magdalena Grębosz-Krawczyk and Agnieszka Zakrzewska-Bielawska11 Competitive advantage based on technology in times oftechnological breakthroughs and global crises: BMW Groupand Toyota Motor Corporation 167Anna Adamik and Bartłomiej Lisowski12 Developing a green transition strategy for real estatecompanies: evidence from the CRREM project 193Lucia Gibilaro and Gianluca Mattarocci13 Managing strategic surprises in the global white goodsindustry 209Karol Marek Klimczak, Yochanan Shachmurove and Damian Wasik14 Bank business models: how to balance digital transformationand EU regulation 228Anna OmariniIndex 244

‘Thinking about and implementing strategic change has probably never been more crucial for organizations than it is today. Focusing on responses to volatility and turbulence, this book offers a set of applied frameworks and fascinating examples that can help managers and scholars alike conceptualize and make more informed decisions as they navigate increasingly complex environments.’