Contemporary strategic management practices of leading organisations

Abstract

Underpinning the elements of strategy design and execution are assumptions, norms and beliefs which can be broadly characterised as strategic management practices. These strategic management practices are in evidence in all schools of strategy academic theory. Whilst there has been a great deal of work conducted into the processes of strategy design and execution, there is little study of strategic management practices. This research sought to uncover the contemporary strategic management practices in evidence at a select number of leading organisations through qualitative analysis of secondary data in the form of case studies and other publically available material. A nascent content based definition for the concept of strategic management practices was developed from the literature review and tested against the evidence uncovered. Additional themes uncovered from the data were incorporated into the proposed definition and a synthesised version developed based on the strength of the evidence uncovered.