Strategy Process

Understanding how CEO narcissism can shape corporate risk-taking

Corporate board structures have come under greater scrutiny since (at least) the 1990s. The U.S. government has taken steps to review potential problems, such as Securities and Exchange Commission rules…

Cultivating Inclusion: The Road to Effective Open Strategy in Modern Organizations

In today’s business landscape, there’s a noticeable trend towards inclusion in organizational strategy, referred to as open strategy. Companies are encouraging input from employees at all levels, recognizing the value…

SMS 44th Annual Conference Istanbul

Strategic Management of Fault Lines, Contradictions, and Divergences

Hyperspecialization and Hyperscaling: A Resource-Based Theory of the Digital Firm

Video abstract for “Hyperspecialization and Hyperscaling: A Resource-Based Theory of the Digital Firm” by Gianluigi Giustiziero, Tobias Kretschmer, Deepak Somaya, and Brian Wu published in the Strategic Management Journal (2021).…

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…

Load More Results