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The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.

What to do next? The case for non‐predictive strategy

Wiltbank, Robert, Dew, Nicholas, Read, Stuart, Sarasvathy, Saras D.·2006·Strategic Management Journal

Abstract

Two prescriptions dominate the topic of what firms should do next in uncertain situations: planning approaches and adaptive approaches. These differ primarily on the appropriate role of prediction in the decision process. Prediction is a central issue in strategy making owing to the presumption that what can be predicted can be controlled. In this paper we argue for the independence of prediction and control. This implies that the pursuit of successful outcomes can occur through control‐oriented approaches that may essentially be non‐predictive. We further develop and highlight control‐oriented approaches with particular emphasis on the question of what organizations should do next. We also explore how these approaches may impact the costs and risks of firm strategies as well as the firm's continual efforts to innovate. Copyright © 2006 John Wiley & Sons, Ltd.

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Metadata

Authors
Wiltbank, R., Dew, N., Read, S., & Sarasvathy, S. D.
Venue
Strategic Management Journal
Publisher
Wiley
Published
2006-07-31
Volume
27
Issue
10
Pages
981-998
ISSN
  • 0143-2095 (ISSN-L)
  • 1097-0266
OpenAlex
W2163716318
Cited by
725
References
5
FWCI
42.40
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: What to do next? The case for non‐predictive strategy. https://app.cochat.ai/papers/10.1002/smj.555
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Wiltbank, R., Dew, N., Read, S., & Sarasvathy, S. D. (2006). What to do next? The case for non‐predictive strategy. Strategic Management Journal. https://doi.org/10.1002/smj.555

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.