Strategic Management Research: Past Foundations, Present Developments, and Future Directions

  • Unique Paper ID: 191150
  • Volume: 12
  • Issue: no
  • PageNo: 1003-1010
  • Abstract:
  • Strategic management research has undergone a radical transformation over the course of several decades due to changes in the organizational and technological environments. This paper will present a comprehensive coverage of the history of strategic management research and analyse the path of future developments to understand how the field of strategic management research has undergone a transformation over time. The history of strategic management research dates back to classical management theory and business policy formulations which relied heavily on rational decision-making for competitive positioning. Early conceptualizations like SWOT analysis and the industry structure approach developed by Porter were important milestones. In today’s scenario, there is a shift in research based on strategic management towards more dynamic and integrative approaches. Currently, the main focus in strategic management analysis is on the Resource-Based View, dynamic capabilities, knowledge management, and innovation-driven strategies as driving forces for sustained competitive advantage. Moreover, factors such as globalization, digitization, and accelerating technological change have also affected strategic management decision-making. Growing dependence on data analytics, digital platforms, and stakeholder-centric strategies characterizes today’s changing organizational setup. Moving forward, the future trends for research on strategic management include areas such as the role of artificial intelligence-driven strategy, the fields of sustainability and the environment, ecosystem and platform business competition, and decision-making at the level of human cognition. The intersection of technology with the judgment and ethical domains will remake the future of strategic management practices. This paper will add to the body of existing literature by tracing the development path of strategic management as a topic for research.

Copyright & License

Copyright © 2026 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{191150,
        author = {Dr. Parmar Ajay Upendrabhai},
        title = {Strategic Management Research: Past Foundations, Present Developments, and Future Directions},
        journal = {International Journal of Innovative Research in Technology},
        year = {},
        volume = {12},
        number = {no},
        pages = {1003-1010},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=191150},
        abstract = {Strategic management research has undergone a radical transformation over the course of several decades due to changes in the organizational and technological environments. This paper will present a comprehensive coverage of the history of strategic management research and analyse the path of future developments to understand how the field of strategic management research has undergone a transformation over time. The history of strategic management research dates back to classical management theory and business policy formulations which relied heavily on rational decision-making for competitive positioning. Early conceptualizations like SWOT analysis and the industry structure approach developed by Porter were important milestones. In today’s scenario, there is a shift in research based on strategic management towards more dynamic and integrative approaches. Currently, the main focus in strategic management analysis is on the Resource-Based View, dynamic capabilities, knowledge management, and innovation-driven strategies as driving forces for sustained competitive advantage. Moreover, factors such as globalization, digitization, and accelerating technological change have also affected strategic management decision-making. Growing dependence on data analytics, digital platforms, and stakeholder-centric strategies characterizes today’s changing organizational setup. Moving forward, the future trends for research on strategic management include areas such as the role of artificial intelligence-driven strategy, the fields of sustainability and the environment, ecosystem and platform business competition, and decision-making at the level of human cognition. The intersection of technology with the judgment and ethical domains will remake the future of strategic management practices. This paper will add to the body of existing literature by tracing the development path of strategic management as a topic for research.},
        keywords = {Strategic Management, Competitive Advantage, Resource-Based View, Dynamic Capabilities, Digital Strategy, Sustainability},
        month = {},
        }

Cite This Article

  • ISSN: 2349-6002
  • Volume: 12
  • Issue: no
  • PageNo: 1003-1010

Strategic Management Research: Past Foundations, Present Developments, and Future Directions

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