Holistic Strategy Dynamics — Macro and Micro Views

Abstract

This chapter presents a research viewpoint from a macro perspective on corporate boundary dynamics and a micro perspective on organizational capabilities in a corporate strategy adapted to evolving convergence in the era of advanced ICT. First, it presents a perspective on the convergence accelerating the collaborative innovation of people, organizations, companies and industries, thereby raising the potential for the creation of new business ecosystems through dynamic reconfiguration of corporate boundaries. The chapter also identifies the importance of “boundary conceptions” as the “creativity view” and “dialectic view” of stakeholders as factors that determine corporate boundaries. Second, the chapter presents the dynamic processes of strategic innovation capabilities (SICs) as organizational capabilities adapted to the changing environment of convergence (level of uncertainty and/or pace of change). The chapter suggests that SIC inspires practitioners to new perceptions and knowledge in a changing environment and raises the potential for generating new innovation through “knowledge creation (knowledge integration) or asset orchestration” both inside and outside of companies for the dynamic reconfiguration of boundaries.