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  • Research Article
  • Open Access

An empirical research on the patterns and influencing factors of strategy formation processes

Frontiers of Business Research in ChinaSelected Publications from Chinese Universities20082:204

https://doi.org/10.1007/s11782-008-0012-9

  • Published:

Abstract

Using data collected from 126 firms, this article attempts to classify different patterns of strategy formation process and identify organizational factors influencing the processes. Based on a clustering analysis method, we identify four patterns of strategy formation processes varying in main characteristics, such as command, adaptive, vision, and external constraints, etc. We also find that a firm’s ownership type and its development stage have significant effects on strategy formation processes.

Keywords

  • strategy
  • strategy formation
  • strategy formation processes
  • strategy-making
  • clustering analysis

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