Towards an Integrated Perspective of Strategy: The Value-Process Framework

The discipline of strategic management has the goal to better understand why companiessucceed based on a holistic, overarching perspective. However, until now the strategicmanagement literature has not provided a conceptually unifying framework that explicitlyintegrates the different dimensions of strategy development. The goal of this paper is to fill thisgap by presenting the Value-Process Framework. The contribution of this framework is theintegration of the different and separate perspectives of strategy into one consistent, holisticmodel. The framework can be used (1) to analyze...

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Year of publication:	2001-06-04
Authors:	Enders, Albrecht ; König, Andreas ; Hungenberg, Harald
Institutions:	Betriebswirtschaftliches Institut <Nürnberg> / Lehrstuhl für Allgemeine Betriebswirtschaftslehre, insbesondere Unternehmensführung
Subject:	Strategisches Management \| Wertanalyse

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1 Introduction
2 The Value-Process Framework: Creating and Capturing Value
2.1 Creating Value
2.2 Capturing Value
3 Integrating Managerial Frameworks of Strategic Management through the Value-Process Framework
3.1 Generic Strategies and the Value Process
3.2 The Value-Chain Framework and the Value Process
3.3 The Five-Forces Framework and the Value Process
4 Implications
5 Limitations and Outlook

Persistent link: https://www.econbiz.de/10005868452