The evolution of strategic management
The 7-S framework
The business system
Introduces the concept of strategic management and defines strategy as “an integrated set of actions designed to create a sustainable advantage over competitors”
The evolution of strategic management
The 7-S framework
Addresses the critical role of coordination, rather than structure, in organizational effectiveness, and highlights the importance of shared values
The business system
Explains that to achieve sustainable advantage over competitors, a company must evaluate choices at each stage in the process of creating and delivering products
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The evolution of strategic management
The business system
The 7-S framework
Explore more management thinking from the 1970s