Strategic adaptation of Polish ex-socialist industrial firms in the period of economic transition

This paper takes up the challenge of analysing the process of strategy formation of Polish ex-socialist firms in the context of the emerging market economy. The study of strategy formation of three industrial firms during the first decade of the economic transition (1989-1999) has highlighted interactions between the firms' strategic development and the emergence of new organizational competences. Distinct stages of strategy formation and competences leveraged and/or built at each stage have been clearly identified.