Strategic Renewal: Past Research, Theoretical Tensions and Future Challenges

18 Pages Posted: 18 Jan 2018

See all articles by Achim Schmitt

Achim Schmitt

Ecole hôtelière de Lausanne

Sebastian Raisch

University of Geneva

H. W. Volberda

Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM); Erasmus Research Institute of Management (ERIM)

Date Written: January 2018

Abstract

Strategic renewal has become a prominent theme in a variety of organization and management research domains in recent years. It refers to the process that allows organizations to alter their path dependence by transforming their strategic intent and capabilities. With contributions from an increasing range of theoretical perspectives and research contexts, the strategic renewal literature has become fragmented and lacks common definitions and conceptual clarity, which prevent cross‐fertilization and harm further development. This study systematically reviews the various literature streams on strategic renewal to provide a more integrative perspective. The authors identify three key theoretical tensions at the heart of strategic renewal research, namely learning vs. resource, induced vs. autonomous, and co‐alignment vs. co‐creation. By exploring these key tensions, the authors define strategic renewal's conceptual core, identify gaps in the past literature, and provide guidance for future research.

Suggested Citation

Schmitt, Achim and Raisch, Sebastian and Volberda, Henk W., Strategic Renewal: Past Research, Theoretical Tensions and Future Challenges (January 2018). International Journal of Management Reviews, Vol. 20, Issue 1, pp. 81-98, 2018. Available at SSRN: https://ssrn.com/abstract=3104237 or http://dx.doi.org/10.1111/ijmr.12117

Achim Schmitt (Contact Author)

Ecole hôtelière de Lausanne

Route de Cojonnex 18
Lausanne, 1000
Switzerland

Sebastian Raisch

University of Geneva ( email )

102 Bd Carl-Vogt
Genève, CH - 1205
Switzerland

Henk W. Volberda

Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM) ( email )

P.O. Box 1738
Room T08-21
3000 DR Rotterdam, 3000 DR
Netherlands
+31 10 408 2761 (Phone)
+31 10 408 9013 (Fax)

HOME PAGE: http://www.eur.nl/fbk/dep/dep4/faculty_members/Henk_Volberda

Erasmus Research Institute of Management (ERIM)

P.O. Box 1738
3000 DR Rotterdam
Netherlands

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