What are the strengths and weaknesses of the following article and…

ColonelNeutronDugong13 What are the strengths and weaknesses of the following article and…Image transcription text936 R. Nag, D. C. Hambrick and M.-J. Chen that the published,espoused definitions of strate- Journal (SMJ, the leading journaldedicated to the gic management vary (as we shall revi… Show more… Show moreImage transcription textWhat Is Strategic Management, Really? 937 marketing,organizational theory, finance, and soci- This puzzle is answered if,as we anticipate, ology (Bowman, Singh, and Thomas, … Show more… Show moreImage transcription text938 R. Nag, D. C. Hambrick and M.-J. Chen scientific fields are’word systems’ created and Identifying strategic managementtexts maintained by their members. If it is through lan… Show more… Show moreImage transcription textWhat Is Strategic Management, Really? 939 they were also askedto code, say, a large num- strategic management, and theremainder in other ber of micro-OB or human resourc… Show more… Show moreImage transcription text940 R. Nag, D. C. Hambrick and M.-J. Chen Table 1. Selectedexamples of article titles, arranged by mean ratings Scale anchorMean Article titles ratings Coded as SM 4.0 (Clearly S… Show more… Show moreImage transcription textWhat Is Strategic Management, Really? 941 companies’ letters toshareholders in constructing For example, the words ‘financial,”financed,’ and their measure of attentional homogenei… Show more… Show moreImage transcription text942 R. Nag, D. C. Hambrick and M.-J. Chen Despite the varietyamong these definitions, as think about the field, rather than theway they highlighted earlier, they do carry some comm… Show more… Show moreImage transcription textWhat Is Strategic Management, Really? 943 Table 2. (Continued)relatively deliberate, planned initiatives; but it also includes suchwords as ‘learning’ and ‘innova- Distinctive words Defi… Show more… Show moreImage transcription text944 R. Nag, D. C. Hambrick and M.-J. Chen strategic management.Finally, the sixth element, our imputed six-element definition ofthe field of ‘in their external environments,” is re… Show more… Show moreImage transcription textWhat Is Strategic Management, Really? 945 We report on ananalysis of the explicit defini- national culture or region, or type ofemploying tions of the field of strategic management, … Show more… Show moreImage transcription text946 R. Nag, D. C. Hambrick and M.-J. Chen question-and the onewe report on here-was: For comparative purposes, we alsoselected a What is your definition of the field of strate… Show more… Show moreImage transcription textWhat Is Strategic Management, Really? 947 Integration of implicitand explicit definitions Table 5. Explicit definitions of strategicmanagement: major conceptual elements and their co… Show more… Show moreImage transcription text948 R. Nag, D. C. Hambrick and M.-J. Chen Strategic InitiativesStrategic Initiatives 100 100 Internal Organization 50 Managersand Owners Internal Organization 50 Managers and … Show more… Show moreImage transcription textWhat Is Strategic Management, Really? 949 and there wasespecially equal and heavy emphasis The boundary-spanners atthe intersection of SM placed on ‘performance’ and ‘fir… Show more… Show moreImage transcription text950 R. Nag, D. C. Hambrick and M.-J. Chen DISCUSSION ANDIMPLICATIONS which the specialized functions symbioticallywork together Kuhn (1962) asserted that a scientific c… Show more… Show moreImage transcription textWhat Is Strategic Management, Really? 951 Having extracted aconsensual definition of the or sociology-if suitable sourcematerials could field, the obvious question is, ‘So what… Show more… Show moreImage transcription text952 R. Nag, D. C. Hambrick and M.-J. Chen CONCLUSION BarneyJB. 1991. Firm resources and sustained com- petitive advantage.Journal of Management 17(1): Some strategic manage… Show more… Show moreWhat are the strengths and weaknesses of the following article and what are future research opportunities, “WHAT IS STRATEGIC MANAGEMENT, REALLY? INDUCTIVE DERIVATION OF A CONSENSUS DEFINITION OF THE FIELD”BusinessBusiness – Other