Strategic Management

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3 domain-specific abstractions whose origin domain is Strategic Management.

• Core competency — A coordinated bundle of organizational skills, technologies and resources that creates distinctive customer value, opens multiple markets and is difficult to imitate.
• D'Aveni's New 7S Framework — A hypercompetition strategy framework that links opportunity-seeking vision, reusable speed-and-surprise capabilities, and rule-shifting competitive tactics to create a continuing sequence of temporary advantages rather than defend one stable position.
• Strategic control — Organizational monitoring and adaptation of strategy formation and execution under uncertainty and long time horizons.