AWARD CRITERIA

In 1993, approximately 13 years after the Strategic Management Journal was launched, an annual best paper prize was established by co-sponsors Wiley and the Strategic Management Society to honor substantial work published in the SMJ. The award is for a paper published five or more years prior to the recognition. This delay allows time for the impact of papers to be assessed in terms of citations and influence of the paper on teaching, research, and/or practice. Once eligible, a paper remains eligible until selected as the best paper. Continued eligibility allows recognition to be made for those insights and findings that sometimes occur before their time and only become widely recognized as significant until other work is published.

The award committee consists of the Editorial Board of the Strategic Management Journal.

Authors of the winning paper receive a monetary award of US $5,000. The award is given and the author(s) are recognized at the SMS Annual Conference.”

The Dan and Mary Lou Schendel Best Paper Prize 2024 Recipient:

Customer power, strategic investment, and the failure of leading firms

Clay Christensen and Joseph L. Bower 

Christensen, C. M., & Bower, J. L. (1996). CUSTOMER POWER, STRATEGIC INVESTMENT, AND THE FAILURE OF LEADING FIRMS. Strategic Management Journal, 17(3), 197–218. https://doi.org/https://doi.org/10.1002/(SICI)1097-0266(199603)17:3%3C197::AID-SMJ804%3E3.0.CO;2-U