journal article Feb 07, 2022

The State of the Union in the Field of Strategic Management: Great Theories. Imperative Problems

View at Publisher Save 10.1561/111.00000042
Abstract
The field of strategic management has had great success over the past 50 years. We have developed bodies of theory that are compelling and important. However, these theories are not unified by a common conceptual architecture. As a result, further progress is impeded just at a moment in history when the most important problems of our time — climate change, the pandemic, mass immigration, authoritarianism, economic nationalism, among others — raise the stakes on strategic insights for making progress beyond what our field has ever known. We must take on these challenges together as an intellectual community before it is too late for organizations and institutions to work together to accomplish what is needed to secure the future of democratic capitalism as a system for organizing social and economic life.
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References
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Amis "Inequality, Institutions, and Organizations" Organization Studies (2018) 10.1177/0170840618792596
[2]
Barney "Why Resource-based Theory’s Model of Profit Appropriation Must Incorporate a Stakeholder Perspective" Strategic Management Journal (2018) 10.1002/smj.2949
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Friedman, M. 1970. “The Social Responsibility of Business is to Increase its Profits”. The New York Times Magazine. September 13, 1970. Available at http://umich.edu/~thecore/doc/Friedman.pdf.
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McGahan, A. M. 2019. “Immigration and Impassioned Management Scholarship”. Journal of Management Inquiry. Available at 10.1177/1056492619877617. 10.1177/1056492619877617
[5]
A resource‐based view of the firm

Birger Wernerfelt

Strategic Management Journal 1984 10.1002/smj.4250050207
Metrics
5
Citations
5
References
Details
Published
Feb 07, 2022
Vol/Issue
3(1)
Pages
25-34
Cite This Article
Anita M. McGahan (2022). The State of the Union in the Field of Strategic Management: Great Theories. Imperative Problems. Strategic Management Review, 3(1), 25-34. https://doi.org/10.1561/111.00000042
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