Table 4.

Strategic configurations and SMA

Birth configuration
(Before 2015)
Growth configuration
(2016–2019)
Diversification configuration
(2019–2024)
ContextLow competitive intensity
Moderate environmental uncertainty
Moderate competitive intensity
High environmental uncertainty
High competitive intensity
High environmental uncertainty
Strategic Core ElementsDeveloping of a network of skilled collaborators
Developing network of financial institutions
Developing network of real estate agencies
Offering high service quality
Focusing on entity viability
Developing of a network of skilled collaborators
Developing network of financial institutions
Offering high service quality
Focusing on national growth
Developing of a network of skilled collaborators
Developing network of financial institutions
Offering high service quality
Focusing on national growth
Focusing on diversification
Structural
Elements
Single shareholder
Small sized
Simple structure
High centralization
Flat organization
Innovation and outcome-oriented culture
“People first” culture
Rule and procedures for quality
Multiple shareholders
Medium sized
Functional structure (few functions)
Somewhat less centralized (HR manager)
Flat organization
Innovation and outcome-oriented culture
“People first” culture
Rule and procedures for quality
Multiple shareholders
Large sized
Functional structure (numerous functions)
Somewhat less centralized (functional mangers)
Flat organization
Innovation and outcome-oriented culture
“People first” culture
Rule and procedures for quality
SMA techniquesActivity-based budgeting (ABT)
Integrated performance measures (IPM)
Activity-based budgeting (ABT)
Integrated performance measures (IPM)
Human resource management (HRM) techniques
Benchmarking (BHM)
Competitor performance appraisal (CPA)
Competitive position monitoring (CPM)
Activity-based budgeting (ABT)
Integrated performance measures (IPM)
Human resource management (HRM) techniques
Benchmarking (BHM)
Competitor performance appraisal (CPA)
Competitive position monitoring (CPM)
Interorganizational (IOR) SMA techniques
Source: Author’s own work

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