Strategy taxonomy and classification system development using content analysis: study of government agencies

Abstract

The purpose of this conceptual paper is to address the lack of consistent means through which strategies are identified and discussed across theoretical perspectives in the field of business strategy. A standardised referencing system is offered to codify the means by which strategies can be identified, from which new business services and information systems may be derived. This taxonomy was developed using qualitative content analysis study of government agencies’ strategic plans. This paper has provided the foundations for building a system for classifying business strategies by specifying the contents and spread that must be considered in developing such a system. Key benefits to academics are the improved dialogue in strategic management field and suggest that progress in the field requires that fundamentals of strategy formulation and classification be considered more carefully. The formalisation of strategy can lead to the clear identification of new business services, which inform ICT investment decisions and shared service prioritisation.