2007
DOI: 10.1002/smj.615
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What is strategic management, really? Inductive derivation of a consensus definition of the field

Abstract: It is commonly asserted that the field of strategic management is fragmented and lacks a coherent identity. This skepticism, however, is paradoxically at odds with the great success that strategic management has enjoyed. How might one explain this paradox? We seek answers to this question by relying first on a large‐scale survey of strategic management scholars from which we derive an implicit consensual definition of the field—as tacitly held by its members. We then supplement this implicit definition with an… Show more

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Cited by 588 publications
(469 citation statements)
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References 68 publications
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“…For example, downsizing may be considered a voluntary strategic decision to improve performance, but it is also an action for a retrenchment step for turnaround. Accessing the researchers and understand the inductive consensus regarding the phenomenon is important, as Nag, Hambrick and Chen (2007) did for strategy.…”
Section: Challenges To Overcome When Conducting Research On Decline Amentioning
confidence: 99%
“…For example, downsizing may be considered a voluntary strategic decision to improve performance, but it is also an action for a retrenchment step for turnaround. Accessing the researchers and understand the inductive consensus regarding the phenomenon is important, as Nag, Hambrick and Chen (2007) did for strategy.…”
Section: Challenges To Overcome When Conducting Research On Decline Amentioning
confidence: 99%
“…Ronda-Pupo and Guerras-Martin (2012) have extended recent reflection on the evolution of strategic management by analyzing the field's object of study: strategy. Despite its wide diffusion and the application of central models and concepts, there are many definitions of the strategy concept and strategic management, most of which lack an integrating nature (Nag, Hambrick and Chen, 2007). Further, although strategy is one of the most taught and studied concept, it is paradoxically also one of the least understood (Ronda-Pupo and Guerras-Martin, 2012).…”
Section: Concept Of Strategymentioning
confidence: 99%
“…Chen [26] Analysis of the concept of "strategic management" through the use of research on journal J. C. Short, and T. B. Palmer [32] The study of the mechanisms for judging personal success through the analysis of 119 letters to shareholders in the restaurant sector J. Uotila, M. Maula, T. Keil, and S. A. Zahra [34] Analysis of exploration and exploitation related to performance for companies in the S&P 500 M. S. Yadav, J. C. Prabhu, and R. K. Chandy [38] Analysis of the banking sector on the attention of the CEO to innovation.…”
Section: Authorsmentioning
confidence: 99%