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A Resource‐Based View of the Build/Buy Decision: Emergent and Rational Stepwise Models of Strategic Planning
Author(s) -
Sims Julian,
Powell Philip,
Vidgen Richard
Publication year - 2016
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.2044
Subject(s) - rational planning model , ideal (ethics) , resource (disambiguation) , management science , resource planning , process management , computer science , business , operations research , operations management , knowledge management , economics , management , political science , engineering , environmental resource management , law , computer network
Two ideal models of strategy development are identified: one is rational stepwise; the other is emergent, ex‐post, relying on experimentation where strategy is used to legitimize what has already been accomplished.