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Global value chain resilience: understanding the impact of managerial governance adaptations

Kano, L., Narula, R. and Surdu, I. (2021) Global value chain resilience: understanding the impact of managerial governance adaptations. California Management Review. ISSN 0008-1256 (In Press)

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Abstract/Summary

While COVID-19 has caused significant short-term disruptions in global value chains (GVCs), in the longer run, the pandemic will not be the primary catalyst in GVC evolution. As GVCs recover from the initial shock, managers will make GVC restructuring decisions guided by long-term strategic considerations. We describe barriers that lead firm managers may encounter when rethinking location/control decisions for value chain activities and suggest that, in addition to structural changes, managerial governance adaptations are instrumental in enhancing GVCs’ long-term resilience. Lessons learned from responding to the pandemic can help managers enhance GVC efficiency in the increasingly uncertain global environment.

Item Type:Article
Refereed:Yes
Divisions:Henley Business School > International Business and Strategy
ID Code:99425
Publisher:University of California Berkley

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