Strategy Process

From Necessity to Opportunity: Scaling Bricolage

How do organizations emerge, survive, and scale in resource-scarce environments? Traditional scaling models tend to rely on considerable financial resources and companies often struggle to adjust to diverse contexts. In…

Kauppila, Bizzi and Obstfeld: Connecting and Creating

To innovate, managers are often advised to make strategic decisions based on changes in their external business environment. Our research suggests that managers should also consider how strategic decision‐making enables…

Rockart & Dutt on competitive advantages from learning

This paper examines differences in the rate and potential of firms’ capability development trajectories. Capability development trajectories are the paths over which firms’ capabilities change with experience and other activities.…

A universe of stories: Mobilising narrative practises during transformative change

How can storytelling be used to influence acceptance of an ongoing organizational transformation? In this article, we try to answer this question by examining how, over three decades, Italian company…

Strategic Concepts as MicroLevel Tools in Strategic Sensemaking

Our analysis helps to understand the role of strategic concepts, that is, specific words or phrases with established and at least partly shared meanings, in an organization’s strategy process. We…

Decision Weaving: Forming Novel, Complex Strategy in Entrepreneurial Settings

Strategy formation is central to why firms seize novel opportunities while others fail. By comparing three venture-pairs, we develop a fresh framework for strategy formation in nascent markets where strategy…

The Power of Powerpoint: A Visual Perspective on Meaning Making in Strategy

The purpose of this study is to understand how strategists use visual information (specifically in PowerPoint slides), and its effects on the strategy process. We find that strategy conversations are…

Chris Liu discusses geography, power, & organizational forums.

Rita McGrath discusses Ian MacMillan

Ian C. MacMillan, originally from Africa, is a seminal figure in forging the contours of the present-day field of entrepreneurship. He was the first to empirically explore topics such as…

Hakonsson, Eskildsen, Argote, Monster, Burton, & Obel on emotions and team decisions.

We analyze performance and emotions as antecedents and consequences of team strategic decisions to explore a new routine versus exploiting an existing one. In a laboratory study, we examine team…