Fundamental Shifts in Strategic Thinking Concepts and their Teaching Implications

Abstract

Powerful forces of disruption are penetrating the core concepts of strategic thinking and the strategy education industry.

Traditional strategic thinking literature and instruction material rest on a solid base of concepts developed by authors from Ansoff and Drucker to Porter, Mintzberg and Prahalad. Their concepts lasted for decades and their literature is a standard feature of business school strategy teachings until this very day. Disruptive forces are changing this situation, however, Generic and functional disruptive forces from boundary-breaking technologies, and norm shaking sociology to rule-breaking economics and unsettling political shifts,   have gone a long way towards introducing a new paradigm.

The following article provides an attempt at identifying those concepts worn out by new realities or end game concepts, and those others constituting a novel thrust.

The article draws a picture of possible future consequences as well. Those include research prospects, curricula implications and competency gaps.