We present the "strategy diamond," which extends received strategic management theory by integrating the positional view and the resource-based view, the formulation and implementation of strategy, and the firm's internal selection environment into one relatively simple novel conceptual...

We study the evolution of industries in terms of three interrelated key themes that together form an analytical lens. The first theme--strategy and strategic dynamics--raises the question of how companies can gain, sustain, or regain profitable growth in the face of various types of strategic...

Based on longitudinal research of Intel's strategic evolution and grounded theorizing efforts, I examine the strategic consequences of the substantive concept of coevolutionary lock-in in light of a model of organizational strategy-making that distinguishes between induced and autonomous...

In 2007 and 2008, the price of oil skyrocketed, hitting historic highs. The corresponding increase in gas price was felt sharply in the United States by ordinary people, industries, the military and the government. Citizens were spending more and more of their paychecks to fill their gas tanks,...

The paper reports the research done in the Stanford University Graduate School of Business 2008 Bass Seminar "Strategic Thinking in Action--In Business and Beyond: The United States' Quest for Energy Resilience," taught by Professors Robert A. Burgelman and Andrew S. Grove. The goal of the...

The Bass seminars at the Stanford University Graduate School of Business offer faculty and small groups of students the opportunity to interact in highly focused and intense ways on research topics of common interest. Our S373 Bass seminar "Strategic Thinking in Action--in Business and Beyond,"...

Qualitative research in the international business field can benefit from combining grounded theorizing with modern historical methods. Modern historical methods orient qualitative research to studying complex nonlinear organizational dynamics. This provides a basis for differentiating...

This paper offers a perspective on how Ilya Prigogine's theoretical ideas rooted in the physical sciences can inform and inspire organization theory and strategic management scholars. To that end, the next section of this paper provides a brief synopsis of some of Prigogine and his collaborators...

Longitudinal qualitative research combining grounded theorizing and insights from modern historical methods can generate novel conceptual frameworks that establish theoretical bridges between historical narratives and reductionist quantitative models. To capitalize fully on this potential...

This paper discusses the phenomenon of "built to become:" an open-ended ongoing process for which there is no grand ex ante plan possible and which unfolds through a series of transformations in the course of the strategic evolution of long-lived companies. It develops a "strategic leadership"...