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Corporate Strategy: Past, Present, and Future

Emilie R. Feldman

Strategic Management Review, 2020, vol. 1, issue 1, 179-206

Abstract: This article reflects on the development of corporate strategy as a field of research, seeking to accomplish three main objectives. First, I position corporate strategy within the broader field of strategy research. I argue that because corporate strategy addresses the conceptually distinct question of how managers set and oversee the scope of their firms, scholars in this domain require a unique organizing framework for analyzing it. Second, I offer such a framework, which disaggregates the different topics and phenomena that corporate strategy scholars study into three categories: intra-organizational, inter-organizational, and extra-organizational. Third, I use this framework to lay out an agenda for future research in corporate strategy, as well as some ideas for linking research more closely to practice and policy-making. Given the significance of corporate strategy from academic, practical, and regulatory standpoints, my hope is that this article will chart a productive course forward for scholars, practitioners, and policy-makers alike.

Keywords: Competitive strategy; firm boundaries; corporate scope; multi-business firm (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (8)

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