Paper 2 The evolution of
strategic management research:
recent trends and current
directions.
By Guerras-Martin, Madhok &
Montoro-Sánchez
Introduction
Origins strategic management date back from the 1960’s with roots in Chandler, Ansoff and Andrews.
Progress towards maturity because of multiple reasons: Increase in the range of topics addressed,
second a growth in range of research methods used, third increasing consensus of definition or
concept of strategy or strategic management and lastly growing interest in strategy research by
academic community.
There has been a need to redefine the discipline’s state-of-the-art and direction at the moment
which has been reflected 3 ways. First numerous works have reflected upon discipline itself, second
upsurge of dedicated issues of journals exploring frontiers of knowledge in field and links in
disciplines and third researches using scientometric techniques (complement previous work by
identifying and measuring specific variables and discovering relationships) to discover and analyze
intellectual structure of strategic management and its evolution.
Objective of paper to analyze past and current trends in strategic management research.
The evolution of strategic management research: the
dual pendulum
Strategic management = fundamental issue explaining success or
failure of firm and so identifying the factors of success. Path to pursue
not clear as researches from different disciplines are interested who
have different backgrounds and focus points. Making sense of diversity
of factors by classifying them according to criterion and alternative and
complementary criterion helps organize the research according to level
of analysis adopted. Two types of tensions: between internal &
external considerations and macro & micro level considerations. Dual
pendulum following metaphor of Hoskisson, pendulums move
simultaneously over course of history and movement have defined
evolution of its state.
Figure 1: arrangement of main approaches and theories involved in
strategic management according to two classification criteria.
strategic management research:
recent trends and current
directions.
By Guerras-Martin, Madhok &
Montoro-Sánchez
Introduction
Origins strategic management date back from the 1960’s with roots in Chandler, Ansoff and Andrews.
Progress towards maturity because of multiple reasons: Increase in the range of topics addressed,
second a growth in range of research methods used, third increasing consensus of definition or
concept of strategy or strategic management and lastly growing interest in strategy research by
academic community.
There has been a need to redefine the discipline’s state-of-the-art and direction at the moment
which has been reflected 3 ways. First numerous works have reflected upon discipline itself, second
upsurge of dedicated issues of journals exploring frontiers of knowledge in field and links in
disciplines and third researches using scientometric techniques (complement previous work by
identifying and measuring specific variables and discovering relationships) to discover and analyze
intellectual structure of strategic management and its evolution.
Objective of paper to analyze past and current trends in strategic management research.
The evolution of strategic management research: the
dual pendulum
Strategic management = fundamental issue explaining success or
failure of firm and so identifying the factors of success. Path to pursue
not clear as researches from different disciplines are interested who
have different backgrounds and focus points. Making sense of diversity
of factors by classifying them according to criterion and alternative and
complementary criterion helps organize the research according to level
of analysis adopted. Two types of tensions: between internal &
external considerations and macro & micro level considerations. Dual
pendulum following metaphor of Hoskisson, pendulums move
simultaneously over course of history and movement have defined
evolution of its state.
Figure 1: arrangement of main approaches and theories involved in
strategic management according to two classification criteria.
