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Strategy as Simulacra? A Radical Reflexive Look at the Discipline and Practice of Strategy*
Author(s) -
Grandy Gina,
Mills Albert J.
Publication year - 2004
Publication title -
journal of management studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 4.398
H-Index - 184
eISSN - 1467-6486
pISSN - 0022-2380
DOI - 10.1111/j.1467-6486.2004.00470.x
Subject(s) - reflexivity , strategic management , sociology , swot analysis , postmodernism , value (mathematics) , epistemology , field (mathematics) , popularity , order (exchange) , management , business , political science , social science , computer science , economics , philosophy , law , pure mathematics , mathematics , finance , machine learning
Over the past three decades strategic management has become a crucial aspect of business education and practice. At the core of strategic management – linking technique to worldview – is modelling (e.g. value chain, SWOT analysis) whereby the complex elements of strategic thinking are simplified. This accounts in large part for the apparent popularity of strategic management as complex interrelationships are pursued through relatively simple models. Yet has the field of strategic management realized the third order of simulacra? Is strategic management a model of simulation whereby reality has been replaced by hyperreality? A review of the extant literature on strategy explores the study and practice of strategy as a discourse, engulfed by its own truth effects. An examination of the concepts of reflexivity demonstrates the value of a postmodern radical reflexive account through the application of Baudrillard's (1983, 1988, 1991, 1994) simulation and simulacra. It is through the development of a radical reflexive discourse of strategy as simulacra, this paper critically examines the study and practice of strategy and the lessons we can take from this perspective.