Fundamental Shifts in Strategic Thinking Concepts and their Teaching Implications

Abstract

<p>Powerful forces of disruption are penetrating the core concepts of strategic thinking and the strategy education industry.</p><p>Traditional strategic thinking literature and instruction material rest on a solid base of concepts developed by authors from Ansoff and Drucker to Porter, Mintzberg and Prahalad. Their concepts lasted for decades and their literature is a standard feature of business school strategy teachings until this very day. Disruptive forces are changing this situation, however, Generic and functional disruptive forces from boundary-breaking technologies, and norm shaking sociology to rule-breaking economics and unsettling political shifts, have gone a long way towards introducing a new paradigm.</p><p>The following article provides an attempt at identifying those concepts worn out by new realities or end game concepts, and those others constituting a novel thrust.</p><p>The article draws a picture of possible future consequences as well. Those include research prospects, curricula implications and competency gaps.</p>