Purpose – The author offers a perspective on the complex new concepts of Michael Raynor and others on managing strategic risk. Design/methodology/approach – The author explains Raynor's theories of strategic paradox, strategic options, requisite uncertainty and strategic flexibility, all of...

Purpose – Over a two‐month period, the editor of this media review has searched worldwide for the most interesting and useful articles, blogs and books on the topic of strategic management. Design/methodology/approach – In addition to his own finds, the editor sorted through suggestions by...

Purpose – The purpose of this article is to survey and analyze current patterns of use in corporate settings of strategic management tools and techniques. The authors interview hundreds of corporate leaders to ascertain which tools executives say they find most effective....

Purpose – Many investors view maximizing shareholder wealth as the only obvious and defensible, corporate objective function. But to contradict this view, the paper aims to consider the shortcomings of the “shareholder first” view and offer an alternative. Design/methodology/approach –...

Purpose – The astute observations of Peter Drucker – seminal management thinker, author and consultant who died in 2005–have influenced the strategic thinking of managers for decades. The author, a former colleague of Drucker's, believes that his meta‐thinking – that is, his pattern of...

Purpose – This paper aims to discuss the emergence of corporate reputational risk in terms of social media, exploring its threats to and possibilities for organizations' strategic reputation management. Design/methodology/approach – Reputation risk, the possibility of damaging one's...

Purpose – The author believes that corporate practitioners and the leaders who rely on them stand to gain from supporting a training and certification program in strategic planning and strategic management. this paper aims to address this issue. Design/methodology/approach – The author...

This article is an edited version of the author's keynote presentation at the Strategic Leadership Forum's 1999 Conference. He discusses the new dynamics of change, or the way change changes; his vision of how thinking will be organized in the future; and the new rules for succeeding in a world...

Purpose – The purpose of this paper is to examine how managers in Nepalese business organizations and non‐profit non‐government organizations understand and practice strategic management and to what extent such understanding and practices differ from those in western countries....