Strategy‐making and environment: The third link
Abstract
Whereas much is known about the relationships between strategy and structure, and between environment and structure, too little is known about a third link—the relationship between strategy‐making and environment. An empirical study was conducted upon two distinct samples of firms. We hypothesized that increases in environmental dynamism, hostility and heterogeneity should be related to specific changes in the amount of analysis and innovation which characterizes strategy‐making activity. Most of these relationships tended to be much stronger in successful than in unsuccessful samples of firms.
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Environmental dynamism refers to the volatility and unpredictability of the firm's external environment.
“Environmental dynamism refers to the volatility and unpredictability of the firm's external environment (Miller and Friesen, 1983).”
From On the contingent value of dynamic capabilities for competitive advantage: The nonlinear moderating effect of environmental dynamism (2014) · cites this paper as Miller and Friesen, 1983
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- Authors
- Miller, D., & Friesen, P. H.
- Affiliations
- HEC Montréal (CA)
- McGill University (CA)
- ORCID
- Miller, Danny
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 1983-07
- Volume
- 4
- Issue
- 3
- Pages
- 221-235
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W1998553524
- Cited by
- 1,986
- References
- 0
- Citations by year
- 2026: 55 · 2025: 59 · 2024: 58 · 2023: 73 · 2022: 86 · 2021: 91 · 2020: 106 · 2019: 90 · 2018: 92 · 2017: 98 · 2016: 81 · 2015: 103 · 2014: 73 · 2013: 78 · 2012: 89
- FWCI
- 15.72
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Strategic Management Journal (publishedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Organizational Management and Leadership
- Social Sciences › Business, Management and Accounting › Strategy and Management › Business Strategies and Innovation
- Social Sciences › Business, Management and Accounting › Strategy and Management › Management and Organizational Practices
- Keywords
- strategy making, environmental dynamism, environmental hostility, environmental heterogeneity, environmental analysis, innovation, firm performance, strategy-structure relationship
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