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A major advancement in the strategy field is the development of models where firm heterogeneity is an endogenous creation of economic actors. - Richard P. Rumelt
" "A major advancement in the strategy field is the development of models where firm heterogeneity is an endogenous creation of economic actors.
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About Richard P. Rumelt
Richard Post Rumelt (born November 10, 1942) is an American organizational theorist, and Emeritus Professor at the , known for his work in the field of strategy, strategic planning, strategic management, and strategy dynamics.
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Richard Post Rumelt
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Richard Rumelt
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Additional quotes by Richard P. Rumelt
Some of the biggest changes have been in the process of generating business strategies—what I call “strategy work.” Around 1980, the received wisdom was to decentralize into business units, which would each generate a strategic plan. These plans were then amalgamated up the hierarchy, in some portfolio way, for senior management. That approach has all but disappeared, and we’ve seen a dramatic recentralization of strategy work.
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