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Tomorrow’s New Strategic Management Concepts

In: Neo Strategic Management

Author

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  • M. S. S. El Namaki

    (VU School of Management)

Abstract

Strategic thinking roots lie in military sciences. Business took over the concept and tried to adapt it to a less hostile and sharp-edged context. The results were models for strategic thinking that operated with different tools and different ultimate goals. Focus did, however, blur, and the concept seemed in need of a revamping. Meanwhile disruptive forces have emerged. Disruption came from everywhere: neural competencies disruptions, technology disruptions, economic disruptions, and cultural disruption, among many. Earlier expressions of strategic thinking and theories behind the concept began, as a result, to subside. Decline came fast and penetrative. Concepts that were advocated by gurus from Steiner in the 1960s and Drucker and Porter in the 1970s and 1980s paled in the face of these and other disruptive forces. Need became urgent for a new concept that would reflect the emerging and dominant forces of change (El Namaki, Disruption in Business Environments: A Framework and Case Evidence. International Journal of Management and Applied Research, Vol. 5, No. 1, pp. 1–7. https://doi.org/10.18646/2056.51.18-001 , 2018). This chapter deals with the deviations as well as the premises of a new conceptual framework.

Suggested Citation

  • M. S. S. El Namaki, 2023. "Tomorrow’s New Strategic Management Concepts," Springer Books, in: Neo Strategic Management, chapter 4, pages 43-62, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-37208-7_4
    DOI: 10.1007/978-3-031-37208-7_4
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