To help bridge the gap between the emergent and rational school of strategy formation, I analyze the role of alternative generation and information integration as two process-based characteristics of the strategy process in the relationship between strategic planning and decision quality. Based...

Research on business portfolio restructuring has largely focused on antecedents and outcomes of single events such as acquisitions and divestitures, and on performance implications of diversification or refocusing strategies. Yet, longitudinal studies that investigate the transformation process...