This paper addresses the role that relationships among firms plays in complex industries. The complexity in both products and markets influences the structure of industries and the necessary actions firms may take to minimize risk.
strategy, banking, change, complex environments, management, risk taking, turbulent environment
The files in this collection are protected by copyright law. No commercial reproduction or distribution of these files is permitted without the written permission of Southern Methodist University, Cox Business School. These files may be freely used for educational purposes, provided they are not altered in any way, and Southern Methodist University is cited. For more information, contact firstname.lastname@example.org.
Bigler, Jr., William R., "A Framework for Formulating Response to Environmental Complexity: A Tool to Manage Diversity" (1985). Working Papers. 127.