Strategic Self-Renewal: A Planning Framework for Today
Academy of Management ReviewPublished 1 July 1984
Balaji S. Chakravarthy
Citations22
SJR quartileQ1
SJR score14.40
SNIP6.11
Generate an AI Snapshot to get a quick, structured summary of this paper.
Study Snapshot
ObjectiveStudy objective
MethodsResearch methodology
PopulationPopulation studied
Sample sizeSample sizes
OutcomesStudy outcomes here
ResultsStudy results comes here
LimitationsResearch study limitations comes here
A concise AI-generated summary of the paper will appear here once you click Generate AI Snapshot.
Abstract
Fewer new growth opportunities and increased global competition will make “star” businesses a rarity in the late 1980s. Furthermore, divesting “dog” businesses may become difficult because of increased stakeholder activism. Firms therefore may have to decrease their reliance on portfolio planning and increasingly emphasize product extensions and business rejuvenations. A planning framework for managing such a self-renewal is outlined.
Keywords
Decision SciencesBusiness, Management and Accounting
Strategic management a stakeholder approach
23,424 Citations1984R. Edward Freeman
Long Range PlanningIn search of excellence: Lessons from America's best- run companies
4,465 Citations1983
MIT Press BooksStrategy and Structure: Chapters in the History of the American Industrial Enterprise
3,286 Citations1969Alfred D. Chandler
The Quarterly Journal of EconomicsFrom Entry Barriers to Mobility Barriers: Conjectural Decisions and Contrived Deterrence to New Competition*
2,028 Citations1977Richard E. Caves, Michael E. Porter
Academy of Management ReviewTreating Progress Functions as a Managerial Opportunity
712 Citations1984John M. Dutton, Annie Thomas
Academy of Management JournalStage of the Product Life Cycle, Business Strategy, and Business Performance
501 Citations1984Carl R. Anderson, Carl P. Zeithaml
Academy of Management ReviewResearch Thrusts in Small Firm Strategic Planning
418 Citations1984Richard B. Robinson, John A. Pearce
Academy of Management ReviewCorporate Planning: An Executive Viewpoint
258 Citations1981Terry L. Maris, Peter Lorange
Strategic Management JournalThe effect of exit barriers upon strategic flexibility
101 Citations1980Kathryn Rudie Harrigan
The conceptual construct, exit barriers, is expanded using both statistical findings and the results of field studies and it is suggested that the immobility of resources can be overcome by helping marginal competitors to exit from potentially volatile businesses.
California Management ReviewThe Product Portfolio and Man's Best Friend
46 Citations1982Donald C. Hambrick, Ian C. MacMillan
INFORMS Journal on Applied AnalyticsManaging Strategic Adaptation: Options in Administrative Systems Design
28 Citations1984Balaji S. Chakravarthy, Peter Lorange
Four alternative administrative arrangements have been used to make trade-offs in multibusiness firms to provide a proper trade-off between the short-term and long-term interests of the firm.