Suggested Search Terms:
strategy, strategic planning, corporate planning, long range planning, long term planning
Strategy Periodicals:
- Business Strategy and the Environment"Seeks to provide original contributions that add to the understanding of business strategies for improving the natural (green) environment." Peer-reviewed.
- Global Strategy JournalAn official journal of the Strategic Management Society, Global Strategy Journal aims to publish influential managerially-oriented global strategy research.
- Journal of Business StrategyPublishes articles with a practical focus designed to help readers develop successful business strategies.
- Journal of Family Business StrategyPublishes research that contributes new knowledge and understanding to the field of family business.
- McKinsey Quarterly
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Provides thoughtful articles and analysis of global business strategic management. Indexes by EBSCO's Business Source. - Strategy & LeadershipBimonthly briefing for practitioners that with content focused on leadership skills, motivation, technological change, analysis, and strategic advice.
- Strategy SciencePublishes research directed to the challenges of strategic management in both business and non-business organizations.
Strategy Websites:
- Strategy + BusinessPublished by PwC Strategy Inc., "strategy+business (s+b) is an award-winning management magazine for decision makers in businesses and organizations around the world. Our purpose is to illuminate the complex choices that leaders face—in strategy, marketing, operations, human capital, governance, and other domains— and the impact of their decisions."
Books on Strategy
Competitive Strategy by ISBN: 9780684841489Publication Date: 1998Porter's analysis of industries captures the complexity of industry competition in five underlying forces. Porter introduces one of the most powerful competitive tools yet developed: his three generic strategies--lowest cost, differentiation, and focus--which bring structure to the task of strategic positioning. He shows how competitive advantage can be defined in terms of relative cost and relative prices, thus linking it directly to profitability, and presents a whole new perspective on how profit is created and divided.
HBR's 10 Must Reads on Strategy 2-Volume Collection by ISBN: 1633699390Publication Date: 2020If you read nothing else on strategy, read these definitive articles from Harvard Business Review. Defining--and executing--the best strategy for your company is fraught with challenge. Do you have the right strategy to lead your company into the future? HBR's 10 Must Reads on Strategy 2-Volume Collection provides enduring ideas and practical advice on how to accelerate your organization's strategy development and execution.
HBR Guide to Thinking Strategically by ISBN: 1633696936Publication Date: 2019Bring strategy into your daily work. It's your responsibility as a manager to ensure that your work--and the work of your team--aligns with the overarching objectives of your organization. But when you're faced with competing projects and limited time, it's difficult to keep strategy front of mind. How do you keep your eye on the long term amid a sea of short-term demands? The HBR Guide to Thinking Strategically provides practical advice and tips to help you see the big-picture perspective in every aspect of your daily work, from making decisions to setting team priorities to attacking your own to-do list. You'll learn how to: Understand your organization's strategy Align your team around key objectives Focus on the priorities that matter most Spot trends in your company and in your industry Consider future outcomes when making decisions Manage trade-offs Embrace a leadership mindset
Multimedia
- Movies: In September 2022, there was a discussion on the BUSLIB-L listserv regarding movies that involve business strategy. Here is a link to that discussion.
Frameworks
Business strategy often utilizes frameworks as a way to approach complex decisions. Below are brief explanations of three often-used frameworks.
Five Forces: Michael Porter outlined this strategic model in his article, "How competitive forces shape strategy" (see PDF below). The framework examines five forces that affect business strategy: rivalry between firms within the industry; threat of new entrants, threat of substitute products, bargaining power of suppliers, and bargaining power of buyers. Management students may have assignments to study an industry and identify components within the five forces within the industry. Five Forces analyses may be included in licensed reports from publishers such as GlobalData.
PESTLE (sometimes PEST): PESTLE is framework used to analyze the macro environmental factors that can affect an industry, company or organization often in a specific country or region. It examines the Political, Economic, Social, Technological, Legal and Environmental factors of an environment.
SWOT: SWOT's analyze a company's Strengths, Weaknesses, Opportunities, and Threats. Management and marketing students often study a company or organization and perform their own SWOT analysis. SWOT analyses are included in some company reports, such as those included in D&B Hoover's. They can be extremely helpful for students evaluating potential employers or analyzing a company's strategy.
