ABSTRACT
Strategies are selected guidelines for managing both private and public sector organizations. In the private sector, competition drives strategy formation, whereas in the public sector, the motivator is public service. The public sector provides a wide variety of goods and services to a diverse clientele. The strategies adopted are shaped by policies set by elected stakeholders beyond their control. In this chapter, we review five of the major theories that underlie creation of organizational strategies for private sector organizations. Throughout the chapter, we introduce descriptions of how these theories have been transposed for application to strategy design and management in public sector organizations.
