Strategic management has been increasingly characterized by an emphasis on core competences. Firms are advised to divest unrelated businesses and return to core business. Moreover, competitive advantage is now increasingly seen as a matter of efficiently deploying scarce knowledge resources to product markets. Much of this change in emphasis has occurred because of the emergence of a unified and rigorous approach to strategy, often called the resource-based approach. This Reader brings together extracts from the seminal articles that created this dominant perspective in strategic management. It includes the pioneering work of Selznick, Penrose, and Chandler and more recent writing by Wernerfelt, Barney, Teece, and Prahalad and Hamel.
Related books and articles
Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources By Nicolai J. Foss Oxford University Press, 2005
Information and Organization: A New Perspective on the Theory of the Firm By Mark Casson Oxford University Press, 2001
Industrial Organization and Trade in the Food Industries By Ian M. Sheldon; Philip C. Abbott Westview Press, 1996
Voice of Experience: The Strategic Planning Process: Applications to Research Universities and Predominantly Undergraduate Institutions By Molfese, Victoria Chronister, Lynne Kulakowski, Elliott C. Slocum, J. Michael Studman, Cliff Waugaman, Paul Journal of Research Administration, Vol. 39, No. 1, Spring 2008
Strategic Planning during Times of Uncertainties and Opportunities By Moore, Eddie A. The Agricultural Education Magazine, Vol. 77, No. 3, November/December 2004
Strategic Planning and Organizational Effectiveness in Social Service Organizations in Portugal * By Ferreira, Marisa R. Proença, João F. Management : Journal of Contemporary Management Issues, Vol. 20, No. 2, 2015
Peer-reviewed publications on Questia are publications containing articles which were subject to evaluation for accuracy and substance by professional peers of the article's author(s).
A Strategic Planning Blueprint Can Fortify the Smaller Bank; but Some Tiny Community Banks That Have 'Natural Niches' Do Not Always See Advantages By Fraust, Bart American Banker, Vol. 149, June 11, 1984
Strategic Planning: Lessons Learned from a "Big-Business" District: How Does a Mammoth School District Create and Maintain a Successful Technology Program? from the Fairfax County Public Schools, an Insider's Perspective By Hoffman, Richard Technology & Learning, Vol. 22, No. 10, May 2002
Strategic Planning Vital as Cuts Bite; COMMENT By Western Mail (Cardiff, Wales), October 1, 2014
Philippine Council for Agriculture, Forestry, and Natural Resources Research and Development Celebrates Its 35th Anniversary on November 9, 2007 By Manila Bulletin, November 9, 2007
Strategic Planning Enhancements to the GTA's Strategic Plan: Placing Owners First! By Hoedebecke, Jan Telegraph - Herald (Dubuque), December 1, 2013