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ISBN 9781135186357. Retrieved 2018-06-17. Strategic management is the process of assessing the corporation and its environment in order to meet the firm's long-term objectives of adapting and adjusting to its environment through manipulation of opportunities and reduction of threats.A corporation-oriented view.
Peter Ferdinand Drucker ( / ˈdrʌkər /; German: [ˈdʀʊkɐ]; November 19, 1909 – November 11, 2005) was an Austrian American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of modern management theory. He was also a leader in the development of management education, and ...
Richard Whittington is an academic in the area of Corporate Strategy. Currently, he is a Professor of Strategic Management at the Saïd Business School of the University of Oxford, [ 1] and a Fellow of New College, Oxford. Whittington has been influential in the Strategy-as-Practice approach, a more sociological and less managerial approach to ...
Edward Francis Leopold Brech. Edward Francis Leopold Brech (26 February 1909 – 22 September 2006) was a British management consultant, and author of management theory and practice books, known for his work on the history of management.
The Strategic Management Society ( SMS) is a professional society for the advancement of strategic management. [1] The society consists of nearly 3,000 members representing various backgrounds and perspectives from more than eighty different countries. Membership is composed of academics, business practitioners, and consultants.
Behavioral strategy aims to bring realistic assumptions about human cognition, emotions, and social behavior to the strategic management of organizations and, thereby, to enrich strategy theory, empirical research, and real-world practice" [1] (Powell, Lovallo & Fox, 2011: 1371). More specifically, behavioral strategy is as an approach to core ...
Henri Fayol. Henri Fayol (29 July 1841 – 19 November 1925) was a French mining engineer, mining executive, author and director of mines who developed a general theory of business administration that is often called Fayolism. [ 2] He and his colleagues developed this theory independently of scientific management but roughly contemporaneously.
Strategy. The resource-based view ( RBV ), often referred to as the "resource-based view of the firm", [ 1] is a managerial framework used to determine the strategic resources a firm can exploit to achieve sustainable competitive advantage. Barney's 1991 article "Firm Resources and Sustained Competitive Advantage" is widely cited as a pivotal ...