The Use of Strategy Tools: A General Overview and a Research Agenda

Strategy implementation Value (mathematics) Position (finance) Technology strategy
DOI: 10.5465/ambpp.2012.15740abstract Publication Date: 2018-11-16T21:43:20Z
ABSTRACT
Strategy tools such as Scenario Planning and Porter’s Five Forces have been developed in order to support the strategy work of practitioners organizations. However, little research has designed better understand role contemporary strategic planning practice. This paper addresses this gap by providing evidence from a large-scale survey on business school alumni’ patterns adoption those tools, techniques frameworks typically taught within management education. Some interesting were revealed. First, managers tend combine use several perform their strategizing activities. Second, across all stages process although they focus more analysis. Third, that hold instrumental value for are not most used, indicating other factors legitimacy play an important choice. Fourth, we found moderate impact company’s characteristics into use. In particular, industry sector headquarter location shown effect both number type used. Finally, strong practitioners’ way tools. Factors education, training, hierarchical position, age experience role.
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