Introduction to Business Strategy and Strategic Management – Resources


What is strategy?

  • What is Strategic Management, really?

    “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 examination of the espoused definitions of the field obtained from a group of boundary-spanning scholars. Our findings suggest that strategic management’s success as a field emerges from an underlying consensus that enables it to attract multiple perspectives, while still maintaining its coherent distinctiveness”

  • What is Strategy

    “Strategy is the direction and scope of an organisation over the long-term: which achieves advantagefor the organisation through its configuration of resources within a challenging environment, to meet the needs of markets and to fulfil stakeholder expectations”

  • What is Strategy

    “Strategy has been studied for years by business leaders and by business theorists. Yet, there is no definitive answer about what strategy really is. One reason for this is that people think about strategy in different ways. For instance, some people believe that you must analyze the present carefully, anticipate changes in your market or industry, and, from this, plan how you’ll succeed in the future. Meanwhile, others think that the future is just too difficult to predict, and they prefer to evolve their strategies organically.

  • Strategy: An Executive’s Definition

    “The question “What is strategy?” has spurred numerous doctoral dissertations, countless hours of research, and hearty disagreement among serious management thinkers. Perhaps this is why many executives also struggle with it. Nonetheless, decision makers seeking to steer a business to sustained success need a succinct and pragmatic response. After all, it can only help executives to have a shared definition when they are creating, communicating, and implementing a strategy for their business.

  • What is strategy execution

    “Strategy execution is a hot topic in management today.  In fact, the Conference Board’s recent Survey of CEOs revealed that chief executives are so concerned about strategy execution that they rated it as both their number one and number two most challenging issue.  For anyone who’s tried to execute strategy, this finding should come as no surprise: it’s estimated that more than 60% of strategies are not successfully implemented. When asked to define strategy execution, most managers respond with statements like, “It’s the successful implementation of a strategic plan” or “It’s getting your strategy done.”  While these perspectives are certainly valid, they aren’t very helpful in terms of understanding what needs to be done to actually drive business results. 

  • Why a strategy is not a plan

    “EVERYONE, it seems, is in need of a strategy. Governments have lots of them: strategies for health care, energy, housing, and so on. Each area of policy is made to seem more purposeful if there is a strategy behind it. Similarly, no company these days would dare to admit it lacks one. If things are going badly it will often be put down to the lack of good strategy. People even talk about using it to improve their lives—from coping with stress to losing weight or just making other people like them more

  • What is strategic planning

    “Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization’s direction in response to a changing environment. It is a disciplined effort that produces fundamental decisions and actions that shape and guide what an organization is, who it serves, what it does, and why it does it, with a focus on the future. Effective strategic planning articulates not only where an organization is going and the actions needed to make progress, but also how it will know if it is successful.

Videos about Strategy

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Strategy Tweeters

Michael Porter


Michael Porter is Bishop William Lawrence University Professor and Director, Institute for Strategy and Competitiveness.

Max Mckeown


Dr. Max. Scientist. Author : The Strategy Book, The Truth About Innovation, Adaptability All success is successful adaptation...

Roger L. Martin


Thinker, author, strategist, advisor



Posts from . For the author, follow @monkbent.

David Willden


Breakthrough strategies that help people & businesses to make a huge difference & succeed. #leadership #strategy #business #leadfromwithin

Laurence Capron


Chaired Professor of Corporate #Strategy & Director Executive Education Program on M&As @INSEAD, coauthor of Build, Borrow, or Buy (@HarvardBiz, 2012)



The Best Ideas in Business. Follow for the ideas and stories that raise the game for decision makers in organizations around the world.

BI Strategy


The latest business advice and strategy from @BusinessInsider

martin eder


Strategy, Innovation & Technology | Talking about creative #ideation, #intrapreneurship, #leadership, #designthinking and potential disruptive #trends.

Rita Gunther McGrath


Strategy & Innovation expert. Columbia Business School Professor. Top 10 business thinker & #1 in Strategy. Author of best-selling End of Competitive Advantage.

Erik Brynjolfsson


Economics of information and information technology, digitization, strategy, business intelligence & other topics. My blog:

Cynthia Montgomery


Timken Professor of Business Administration and immediate past head of the Strategy Unit at Harvard Business School.

Strategy LinkedIn Groups

Blue Ocean Strategy


This group is for enthusiasts of the bestselling book Blue Ocean Strategy: How to Create Uncontested Market Space and Make Competition Irrelevant. The three key conceptual building blocks of BOS are: value innovation, tipping point leadership, and fair process!

Business Strategy & Competitive Strategy Forum


A corporate strategy and strategic planning group focused on topics related to business strategy, operational planning, ...

Strategy & Corporate Strategic Planning Xchange group


To promote sharing, discussion and awareness of successful methods and approaches for strategic planning. Members can post discussion topics, questions and articles related to strategic management and planning - sharing success stories, challenges and common issues.

Strategy Professionals Network


This is a group for strategists from either a strategy consulting or corporate development environment across all industry sectors and geographic locations. Enables members to network and exchange insights including techniques, innovation and market trends.

I am a Director at Avanade UK and spend my days delivering Microsoft technology to large enterprises. I am a 5 time SharePoint MVP and have delivered SharePoint projects for the past 10+ years across 4 continents. Although I extremely proud to work for Avanade (The best company in the world), the views and ideas expressed through my blog, twitter feed, and other social media are my own, and do not represent the policy or opinion of my employers, colleagues or associates.

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