The Concept of Corporate Strategy

Iverson, Tom; Andrews, Kenneth R.

doi:10.2307/3380432

Cited by 692 publications

(9 citation statements)

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“…The relationship between business strategies and economic performance is being determined [35,36]. The importance of the creative component in strategic planning and the development of strategic thinking is increasing [37]. Models and tools for strategic planning are being developed to formalize this process [38][39][40][41].…”

Section: Literature Review and Research Methodologymentioning

confidence: 99%

Strategic Planning of Oil and Gas Companies: The Decarbonization Transition

Cherepovitsyn

Rutenko

2022

Energies

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In the face of increasing climate concerns and the intensive development of the renewable energy sector, oil and gas companies need to develop strategies to not only comply with the new rules of the game, but to also benefit from them. This study includes prospects for development of the global energy system along with analysis of decarbonization strategies for the largest players in the oil and gas market, and defines conceptual directions to improve strategic planning systems of oil and gas companies in order to ensure sustainability in the context of a global energy transition. The theoretical background of this study is based on the fundamental concepts and methods of strategic planning, as well as modern approaches to strategic planning in the oil and gas industry. This study makes three contributions. First, we maintain that a broad, systematic understanding of the consequences of energy system transformation and defining its role in the new market should be the crucial task of players in the oil and gas industry, and we clarify the opportunities and threats of transitioning to decarbonization. Second, the study results contribute to the development of the design theory of strategic planning systems by improving well-known methods and approaches with reference to global energy transformation. Third, we offer proposals for the development of a climate adaptation strategy using the example of a Russian oil and gas company based on the company’s business capabilities.

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Section: Literature Review and Research Methodologymentioning

confidence: 99%

Strategic Planning of Oil and Gas Companies: The Decarbonization Transition

Cherepovitsyn

Rutenko

2022

Energies

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“…One of them is Chandler (Chandler, 1962), who claims that strategy is defining a company's longterm goals and objectives, adopting actions, and allocating essential resources to attain the objectives. Also, Iverson and Andrews (Iverson & Andrews, 1987), mention that a strategy refers to a conceptual framework encompassing the objectives, policies, purposes, goals, and plans of the organization, that are designed to determine the specific industry or sector in which the company operates or intends to operate. In the 1970s and 1980s, strategic management experienced a profound revolution driven by scholars like Michael Porter.…”

Section: Historical Evolution Of Strategic Managementmentioning

confidence: 99%

Strategic Management: A Comprehensive Review Paper

Alharbi

2024

J. Professional Business Review

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Purpose: This paper aims to shed light on the evolution of strategic management over time, including definitions, supporting theories, tools, importance, and application in various business settings, and highlight the challenges and future trends of strategic management. Theoretical Framework: In the available studies, various researchers examine SM utilization. Others have established tools and techniques, while others have contributed to their definition and classification, or investigated which SMs are in use. However, academics and practitioners seldom debate strategic management literature in depth. Gunn and Williams (2007) noted that there is a dearth of papers concerning strategic management. More must be realized about Strategic management. Design/Methodology/Approach: This paper employs a systematic review design, also known as an overview, which is a comprehensive synthesis of primary research studies. These approaches are utilized to identify, compile, critically, and synthesize all pertinent issues about the subject (Cipriani & Geddes, 2003). Findings: Companies that aim to achieve success and remain competitive over the long term must utilize strategic management, which provides organizations with a framework for making decisions, maintaining consistency and cohesion, boosting productivity and flexibility, and promoting teamwork. Therefore, strategists should have a comprehensive understanding of the evolution of strategic management, including the concepts, theories, and tools that could help achieve strategic goals. Research, Practical & Social Implications: This paper contributes to additional evidence for those interested in strategic management scholars or managers to pay more attention to the tools and theories, that could be improving their organizations. In addition, this study complements the systematic literature review documents related to the content of SM. Moreover, Future research could be extended or discriminate between various types of tools and theories that could apply to strategic management. It could also investigate additional on the changing that facing strategic management. Originality/Value: This study contributes to filling the gap in the dearth of studies in the strategic management field. The study also provides insights into the definitions, supporting theories, tools, importance, and application in various business settings, and highlights the challenges and future trends of strategic management.

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“…Initially, SWOT analysis was conducted in the context of business environments in order to develop business strategies [32]. It has been increasingly successful as a management tool since the 1950s, when it was created by C. Roland Christensen and George Albert Smith, two Harvard Business School graduates [33].…”

Section: Research On Swot Analysismentioning

confidence: 99%

Analysis of China–Angola Agricultural Cooperation and Strategies Based on SWOT Framework

Cabral,

Yin,

Wague

et al. 2023

Sustainability

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In the context of frequent food crises, Angola needs to improve the efficiency of agricultural production to meet the rigid domestic demand for food consumption. China has accumulated experience and technology in agricultural production over the years, it is a strategic partner for Angola, and Angola has a prominent place in the destination of Chinese investments. Therefore, agricultural cooperation between China and Angola based on mutual benefits will not only help Angola solve the problem of self-sufficiency in food but also provide a broad space for Chinese agricultural technology to “go global”, thereby providing reliable domestic food security solutions. Through the SWOT method, this study analysed Angola’s agricultural development prospects and the current situation of China and Angola’s agricultural cooperation to build a SWOT matrix and formulate reliable agricultural cooperation development strategies for promoting agricultural cooperation between China and Angola.

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The Concept of Corporate Strategy

Cited by 692 publications

References 0 publications

Strategic Planning of Oil and Gas Companies: The Decarbonization Transition

Strategic Planning of Oil and Gas Companies: The Decarbonization Transition

Strategic Management: A Comprehensive Review Paper

Analysis of China–Angola Agricultural Cooperation and Strategies Based on SWOT Framework

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