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Strategic Management: Evolutions, Trends, and a New Conceptual Model

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Management, Innovation and Entrepreneurship in Challenging Global Times

Part of the book series: Lecture Notes in Management and Industrial Engineering ((LNMIE))

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Abstract

The article presents the main stages of concept development in strategic management, emphasizing the importance of structuring the strategic decision-making process through a strategic management model. From combining strategic management approaches as a model and plan, the companies’ focus on capitalizing on their own resources or mastering environmental influence, to globalization, digitalization, innovation and the pursuit of sustainable competitive advantage, all are essential to understanding paradigm shifts in strategic management. Against the inevitable background of technological and digital transformations, the trends identified in the modeling of strategic management processes, in the context of new challenges, are transposed into an innovative strategic management model, a conceptual model proposed for research and development.

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Authors and Affiliations

  1. West University of Timisoara, Timisoara, Romania

    Octavian Scobercia, Valentin Partenie Munteanu, Marius Ioan Pantea & Delia Gligor

Authors
  1. Octavian Scobercia
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  2. Valentin Partenie Munteanu
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  3. Marius Ioan Pantea
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  4. Delia Gligor
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Corresponding author

Correspondence to Octavian Scobercia .

Editor information

Editors and Affiliations

  1. Department of Management, Polytechnic University of Timisoara, Timisoara, Romania

    Gabriela I. Prostean

  2. Department of Industrial Engineering, Universidad de Burgos, Burgos, Spain

    Juan J. Lavios

  3. Department of Management, West University of Timisoara, Timisoara, Romania

    Laura Brancu

  4. Department of International Trade and Logistics, Muğla Sıtkı Koçman University, Fethiye, Türkiye

    Faruk Şahin

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Scobercia, O., Munteanu, V.P., Pantea, M.I., Gligor, D. (2024). Strategic Management: Evolutions, Trends, and a New Conceptual Model. In: Prostean, G.I., Lavios, J.J., Brancu, L., Şahin, F. (eds) Management, Innovation and Entrepreneurship in Challenging Global Times. Lecture Notes in Management and Industrial Engineering. Springer, Cham. https://doi.org/10.1007/978-3-031-47164-3_5

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  • DOI: https://doi.org/10.1007/978-3-031-47164-3_5

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