New Directions in Strat Flashcards
1
Q
Foster (2001)
A
• Early 2000s – Foster (2001) Creative destruction
o Drawing on Schumpeter (1934)
2
Q
Schumpeter (1934) : Creative Destruction
A
Creative Destruction (foundational for the approach of Value Creation)
3
Q
Sustainable development
A
o This is new but is the latest big thing.
o Strategy used to solve only 1 master (the shareholder), now the notion is that strategy must serve a broader range of stakeholders
4
Q
Base of the pyramid (survival economies)
A
o Represents 2/3 of the planet
o Do the same theories apply?
