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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.
e. Strategic thinking is a mental or thinking process applied by an individual in the context of achieving a goal or set of goals. As a cognitive activity, it produces thought. When applied in an organizational strategic management process, strategic thinking involves the generation and application of unique business insights and opportunities ...
Acad. Strateg. Manag. J. Academy of Strategic Management Journal is a bi-monthly peer-reviewed academic journal that covers the fields of management and organization studies, business, trade and marketing. Its editors-in-chief are Shawn Carraher (University of Texas at Dallas), Sang-Bing Tsai (Civil Aviation University of China). [1]
The Strategic Management Society was founded at an initial meeting in London in 1981. Founding officers were elected at a second conference held in Montreal in 1982, and the founding constitution was drawn and approved at the third meeting in Paris in 1983. There were 459 original founding members of the society.
The Business Model Canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
In organizational theory, dynamic capability is the capability of an organization to purposefully adapt an organization's resource base. The concept was defined by David Teece, Gary Pisano and Amy Shuen, in their 1997 paper Dynamic Capabilities and Strategic Management, as the firm’s ability to engage in adapting, integrating, and reconfiguring internal and external organizational skills ...
Strategic Organization is a quarterly peer-reviewed academic journal that covers the fields of strategic management and organization studies.Its editors-in-chief are Oliver Alexy (Technical University of Munich), Luca Berchicci (Rotterdam School of Management), Charlotte Cloutier (HEC Montréal), Glen W.S. Dowell (Cornell University), Paula Jarzabkowski (Bayes Business School & University of ...
The dynamics of strategy and performance concerns the ‘content’ of strategy – initiatives, choices, policies and decisions adopted in an attempt to improve performance, and the results that arise from these managerial behaviors. The dynamic model of the strategy process is a way of understanding how strategic actions occur.