Strategising from the Perspective of Global Elites

Robert Galavan

Chapter 12 in Global Elites, 2012, pp 189-199 from Palgrave Macmillan

Abstract: Abstract The concept of strategy or strategising is central to many aspects of management practice today. The concept has evolved as a field of study from its early base in business policy formulation, moved through strategic analysis and strategic planning, and on to the more action-oriented strategic management that links formulation and implementation. It then swings from an outward-facing perspective to a more inward-looking one that considers strategic assets, competences and capabilities as building blocks in a more uncertain world. Learning organisations, core competences, open innovation and Blue Ocean strategy are among the many frameworks managers have applied to the strategy problem in a rapidly changing world. Strategy is big business and the quest for the next breakthrough goes on.

Keywords: Open Innovation; Grammar School; Strategic Asset; Uncertain World; Strategy Problem (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-36240-6_12

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DOI: 10.1057/9780230362406_12

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