Towards the very nature of corporate strategy

Current approaches to corporate strategy are overwhelmingly based on a metaphorical – and mostly unarticulated – understanding of the essential nature of corporations. In this paper we argue that in order to understand corporate strategy it is critical to understand the very nature of the entity cal...

Full description

Bibliographic Details
Main Authors: D. Heil, T. Maxwell, L. Whittaker
Format: Article
Language:English
Published: AOSIS 2003-03-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/673
_version_ 1828498495342903296
author D. Heil
T. Maxwell
L. Whittaker
author_facet D. Heil
T. Maxwell
L. Whittaker
author_sort D. Heil
collection DOAJ
description Current approaches to corporate strategy are overwhelmingly based on a metaphorical – and mostly unarticulated – understanding of the essential nature of corporations. In this paper we argue that in order to understand corporate strategy it is critical to understand the very nature of the entity called ‘corporation’. We then present an understanding of corporations as works; those entities that create and sustain the world in which humans live. In describing the characteristics of works and the way in which they create and sustain a world, we elucidate the very nature of corporate strategy. We conclude by proposing a process to enable leaders of corporations to engage in corporate strategy as creating and sustaining a world.
first_indexed 2024-12-11T13:08:13Z
format Article
id doaj.art-369f8e49f82e4561aec0250b4b949f7b
institution Directory Open Access Journal
issn 2078-5585
2078-5976
language English
last_indexed 2024-12-11T13:08:13Z
publishDate 2003-03-01
publisher AOSIS
record_format Article
series South African Journal of Business Management
spelling doaj.art-369f8e49f82e4561aec0250b4b949f7b2022-12-22T01:06:15ZengAOSISSouth African Journal of Business Management2078-55852078-59762003-03-0134111110.4102/sajbm.v34i1.673393Towards the very nature of corporate strategyD. Heil0T. Maxwell1L. Whittaker2Wits Business SchoolWits Business SchoolWits Business SchoolCurrent approaches to corporate strategy are overwhelmingly based on a metaphorical – and mostly unarticulated – understanding of the essential nature of corporations. In this paper we argue that in order to understand corporate strategy it is critical to understand the very nature of the entity called ‘corporation’. We then present an understanding of corporations as works; those entities that create and sustain the world in which humans live. In describing the characteristics of works and the way in which they create and sustain a world, we elucidate the very nature of corporate strategy. We conclude by proposing a process to enable leaders of corporations to engage in corporate strategy as creating and sustaining a world.https://sajbm.org/index.php/sajbm/article/view/673
spellingShingle D. Heil
T. Maxwell
L. Whittaker
Towards the very nature of corporate strategy
South African Journal of Business Management
title Towards the very nature of corporate strategy
title_full Towards the very nature of corporate strategy
title_fullStr Towards the very nature of corporate strategy
title_full_unstemmed Towards the very nature of corporate strategy
title_short Towards the very nature of corporate strategy
title_sort towards the very nature of corporate strategy
url https://sajbm.org/index.php/sajbm/article/view/673
work_keys_str_mv AT dheil towardstheverynatureofcorporatestrategy
AT tmaxwell towardstheverynatureofcorporatestrategy
AT lwhittaker towardstheverynatureofcorporatestrategy