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Strategizing, economizing, and economic organization

Strategic Management JournalPublished 1 January 1991
Oliver E. Williamson
Citations1,385
SJR quartileQ1
SJR score10.18
SNIP3.84

Abstract

This article argues that strategy, like charity, begins at home. Specifically, economy is the best strategy. That is not to say that strategizing efforts to deter or defeat rivals with clever ploys and positioning are unimportant. In the long run, however, the best strategy is to organize and operate efficiently.

Keywords

Social SciencesEconomics, Econometrics and Finance