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the state of strategy

the state of strategy. BPS. (originally BPP). theories of managing practice. coercion. strategizing domain - business model creation. policy-shaped practice in a specific context. policy setting. calculation. business strategizing. culture- ation. some historians of BPS.

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the state of strategy

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  1. the state of strategy Academy PDW - State of Strategy - v4

  2. BPS (originally BPP) theories of managing practice coercion strategizing domain - business model creation policy-shaped practice in a specific context policy setting calculation business strategizing culture-ation Academy PDW - State of Strategy - v4

  3. some historians of BPS • Ghemawat, Pankaj E. (2002). Competition and Business Strategy in Historical Perspective. The Business History Review, 76(1), 37-74.   • Hoskisson, Robert E., Hitt, Michael A., Wan, William P., & Yiu, Daphne. (1999). Theory and Research in Strategic Management: Swings of a Pendulum. Journal of Management, 25(3), 417-456. • Pettigrew, Andrew, Thomas, Howard, & Whittington, Richard (Eds.). (2002). Handbook of Strategy and Management. London: Sage. • Rumelt, Richard P., Schendel, Dan E. , & Teece, David J. (Eds.). (1994). Fundamental Issues in Strategy: A Research Agenda. Boston MA: Harvard Business School Press. • Shapiro, Carl (1989). The Theory of Business Strategy. RAND Journal of Economics, 20(1), 125-137. Academy PDW - State of Strategy - v4

  4. bringing theories of managing to bear on business strategizing game theory, systems theory, OR finance, economics; TCE, PAT, etc. networks, alliances, M&A evolution & biology 1950s 1960s 1970s rigorous calculation methods inductive methods Scientific Management Fayol’s principles business history Porter (A) proliferation + (B) methodological drift RBV KBV DCs micro-foundations Learned et al. Mintzberg planning, OR case-work Chandler’sEIF behavioral s-a-p Schendel & Hofer consultants’ tools systematic culture-ation methods bureaucracy, OT political theory sociology, anthropology behaviorism, psychology 1980s 1990s Academy PDW - State of Strategy - v4

  5. (A) proliferation - studying SCA implications of: resource heterogeneity market imperfections ‘real’ business model strategizing policy / goal business model MSV = non-policy? individualdecision & learning organizational decision & lrng re-engaging policy, moving away from MSV imperfections- stakeholder, CSR, corporate law, sustainability, etc. Academy PDW - State of Strategy - v4

  6. (B) methodological drift - and synthesizing ? 'objectivism' formal modeling sampling & statistics generalization / theory von Clausewitz: multiple theories informing but not determining the uniqueness of strategic practice strategic judgment rules - OK ? can there be a rigorous theory of business strategizing ? institutional pressures 'subjectivism' Knightian uncertainty judgment & profit time & historical methods Academy PDW - State of Strategy - v4

  7. on these and other issues: Richard Priem (Texas CU) Joan EnricRicart (IESE) SarasSarasvathy (Darden) Gerard Hodgkinson (Warwick) Henry Mintzberg (McGill) Academy PDW - State of Strategy - v4

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