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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.
American. Occupation. professor. Known for. popularized the concept of business strategy. Kenneth Richmond Andrews (May 24, 1916 – September 4, 2005), [1] was an American academic who, along with H. Igor Ansoff and Alfred D. Chandler, was credited with the foundational role in introducing and popularizing the concept of business strategy.
Stakeholder theory is a theory of organizational management and business ethics that addresses morals and values in managing an organization. It was originally detailed by Freeman in the book Strategic Management: a Stakeholder Approach, and identifies and models the groups which are stakeholders of a corporation, and both describes and recommends methods by which management can give due ...
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 ...
Porter's four corners model. Website. www .isc .hbs .edu. Michael Eugene Porter (born May 23, 1947) [ 2] is an American businessman and professor at Harvard Business School. He was one of the founders of the consulting firm The Monitor Group (now part of Deloitte) and FSG, a social impact consultancy.
Melissa A. Schilling is an American innovation scholar and professor. She holds the John Herzog Family chair in management and organizations at NYU Stern, and she is also the Innovation Director for Stern's Fubon Center for Technology, Business and Innovation. She is world known as an expert in innovation, [ 1] is the author of the leading ...
Chamberlain's theory states that an entity's strategy is the result of the interaction of a variety of forces in and around the entity, with the strategist's cognitive bias. Those forces are divided arbitrarily into three broad categories: internal, external, and shareholders. His cognitive bias theory applies two long-established psychological ...
Strategic planning is an organization 's process of defining its strategy or direction, and making decisions on allocating its resources to attain strategic goals. Furthermore, it may also extend to control mechanisms for guiding the implementation of the strategy. Strategic planning became prominent in corporations during the 1960s and remains ...