The SMS is a 501(c)(3) nonprofit organization incorporated in 1983 under the Indiana Nonprofit Corporation Act. Founded at an inaugural meeting in London in 1981, the Society operates exclusively for charitable, scientific, and educational purposes to promote and encourage superior research and practice in the field of strategic management. The activities of the Society include:
The SMS is membership based, enjoying the support of approximately 3,000 members annually, representing more than 1,100 institutions and companies in 70+ countries.
To act as a catalyst for building and disseminating new ideas in research, practice, and teaching in strategic management, the SMS offers Interest Groups and Communities (IG&Cs) to its members.
The organization is governed by a Board of Directors consisting of 14 members.