Adaptation: A Promising Metaphor for Strategic Management

Authors
Chakravarthy, Balaji S.
Citation
S. Chakravarthy, Balaji, Adaptation: A Promising Metaphor for Strategic Management, Academy of Management review , 7(1), 1982, pp. 35-44
Journal title
Academy of Management review → ACNP
ISSN journal
03637425
Volume
7
Issue
1
Year of publication
1982
Pages
35 - 44
Database
ACNP
SICI code
Abstract
Strategic management is the process through which a manager ensures the long term survival and growth of a firm. This paper provides a comprehensive framework for strategic management based on adaptation, a metaphor that succinctly captures the endeavors of an organization to be fitted better to its environment.