Abstract:The need for this study lies in the assumption that an in-depth examination of the map site of a firm that has a well-developed website can provide patterns about its corporate strategy through all the elements surrounding the organisation, and even a primary source for benchmarking. This technique has made it possible to identify the key issues in the strategic management of the most excellent large Spanish firms and also to describe trends in this sense.The methodology used consisted in a content analysis of the web pages of the Ibex35 companies of the Spanish Stock Market. Rather than focusing on the breakdown of businesses developed by each corporation, it was thought more appropriate to assess their respective corporate principles, as this would allow a better identification of the underlying managerial, organisational and strategic realities of these organisations. As a conclusion we can say that thanks to this technique, it has been possible to identify the key issues in the strategic management of the most excellent large Spanish firms. Additionally, it is shown how this way of working can be generalised to any group of enterprises.Keywords: Web Pages, Internet, Strategic Management, Large Firms, Spain. 2
Justification of the studyIt cannot be denied that the website of a firm is an essential tool both for the people who develop their professional activity there and for the third parties that have relationships with it.Thus, Matherly and Burton (2005) point out that every company seems to have a website which contains at least a brief description of its operations and a list of its products. Some websites provide additional information, such as the company's market share, its mission statement and financial reports, while others go even further.The advantages offered by the use of this technology are evident for the firms, and also for the researchers who want to approach their reality since, according to Weischedel and Huizingh (2006), catalogues can be changed once a year but websites can be updated on a daily basis. Products can be added, texts changed, photos included, and links and pages inserted or All these studies illustrate how firm websites can represent a direct source for the development of interesting research works in the management area. From this point of view, an in-depth examination of the map site of a firm that has a well-developed website can provide patterns about its corporate strategy through all the elements surrounding the organisation.Under this argument, if we understand benchmarking as comparing the current performances and practices with others in the same area of interest or business (Bramham, 3 1997), we could identify the best practices of other organisations so that it can be implemented in one's own strategic operations. In parallel with this, we must remember with Mintzberg (1978), Ansoff (1987) and Segars and Grover (1999) that strategic planning has long been recognised as one of the most important activities of top management.In this way, the literature p...