ABSTRACT

Compared to other relevant areas of investigation in the social sciences, strategic management is a relatively young field of study that has progressively advanced towards maturity since its inception in the 1960s (Furrer et al., 2008; Herrmann, 2005; Guerras-Martin et al., 2014). As we have seen in the introductory chapter of this book, its genesis actually dates back to the first part of the 1960s, when a triad of groundbreaking contributors, Alfred Chandler (1962), Igor Ansoff (1965) and Ken Andrews (1971), collectively laid the foundations to establish it as an autonomous discipline (Rumelt et al., 1994). Since its infancy, the status of strategic management has undoubtedly evolved considerably, turning it into a widely recognized field in the management studies domain (Hoskisson et al., 1999; Pettigrew et al., 2002).