Article | REF: AG1300 V1

Strategic management and corporate governance - Startegic approaches

Author: Jean-Jacques PLUCHART

Publication date: April 10, 2009, Review date: December 26, 2017

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1. Theoretical foundations of corporate strategy

1.1 Notions of corporate strategy

The notion of corporate "strategy" (or "general policy") has been progressively enriched since the seminal contributions of Chandler, Ansoff and Andrews in the 1960s; it refers to :

  • the plans and speeches of an organization's leaders (Ansoff, [2] );

  • the art of building "sustainable competitive advantages" (Porter, cf. [69] );

  • the "5Ps" of strategy: P for plan, P for pattern, P for ploy, P for position, P for perspective (Mintzberg, cf.

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