Five Glass Bones of Strategic Management Theory

Five Glass Bones of Strategic Management Theory Author : Bacanu BOGDAN Release Date : 2014/7/1 Journal : Annals of the University of Oradea, Economic Science Series

What are these five glass bones ?StrategyCompetetive AdvantagePorters Five Forces Model VRIO frameworkGeneric Strategies

How the five refence points selected ?Highly significant for the current strategic managementFrequency of their use in the textbooks.Consequences they have genarated in the field Theory and resarch.

What the study focuses ?Consistency of these five reference points.Considering the main reference points.Devolope an analysis by highlighting their debatable features.

What is the implicit aim of this work ?The relation between concepts and virtual implications of the current stage in their development.

1. Defining StrategyThe art of the generalPorter : Using a competetive advantage.Barney : Acquiring a superior performance.Mintzberg : Plan, ploy, position, perspective and pattern.Compearing all these approachs.

2. Competetive AdvantageKey element of strategyPositioning school of strategyThe quest for the porters orginal definitonAuthor says for these definitonsThe essential backgraund issue

3. Porters five forces modelWhat are these five forces ?Its creator, Micheal Porter.Estimate the impact of external factors.The new perspective of the model.The textbooks saysThe consequence of result is that

4. VRIO FrameworkValue, Rarity, Imitability, OrganizationEvaluating the resource of an organization.RBV Resource Based ModelCalled oposition of positioning school

5. The generic strategies coined by PorterWhat generic refers ?According to porter?The key problem is that?Errors of this judgement.

Conclusion