Toward a Unified Framework of Strategy

Arnoldo C. Hax and Dean L. Wilde

Chapter Chapter 12 in The Delta Project, 2001, pp 251-268 from Palgrave Macmillan

Abstract: Abstract We started this hook with the claim that the two most celebrated and influential business strategy frameworks — Michael Porter’s Competitive Advantage and the Resource-Bssed View of the firm — are fundamentally incomplete, both in expIaining sources of profitability and guiding managers to superior strategic options. Although these frameworks have often been presented as conflicting views, we feel that they share a similar management philosophy. Moreover, it is our strong belief that the Delta Model has the ability to complement the perspectives or both frameworks and provide the intergrative glu]e that may result in one unified strategy framework.

Keywords: Competitive Position; Harvard Business Review; Strategic Position; Industry Structure; Corporate Level (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28808-9_13

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DOI: 10.1057/9780230288089_13

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