STRATEGIC MANAGEMENT EDUCATION FOR THE GLOBAL ECONOMY: COMING TO GRIPS WITH INSTITUTIONS

Abstract

Economic globalization is making Strategic Management researchers increasingly aware of the important extent to which international business strategies are shaped by national, regional, and international institutions — by differing business‐state and management‐labor regimes, industrial organization, and capital allocation systems, techno‐economic processes, etc. As yet, however, relatively limited attention to the “institutional embeddedness” of corporate strategy has developed within Strategic Management education. This paper seeks to encourage debate on incorporating analysis of the institutional shaping of corporate strategies by discussing four issues recommended to be systematically addressed in Strategic Management texts, lectures, and case work. The topics are: (1) the transition from the “Fordist” to “Post‐Fordist” global economy; (2) comparative business systems analysis; (3) political forces of the global economy; (4) global warming and environmental management.

Citation

Hanson, L. (1995), "STRATEGIC MANAGEMENT EDUCATION FOR THE GLOBAL ECONOMY: COMING TO GRIPS WITH INSTITUTIONS", International Journal of Commerce and Management, Vol. 5 No. 1/2, pp. 91-108. https://doi.org/10.1108/eb047307