Authors: Veethica Smriti; Sanjay Dhir; Swati Dhir
Addresses: Indian Institute of Management Bangalore, Bannerghatta Road, Bengaluru, 560076, India ' Department of Management Studies, Indian Institute of Technology (IIT) Delhi, Hauz Khas, New Delhi-110016, India ' International Management Institute, New Delhi-110016, India
Abstract: Strategic thinking is significant for organisations to ensure sustainability in the competitive world. The understanding of its elements is yet limited. The theorisation of strategic thinking till date is insufficient for organisational complexities and limits the manner in which it can be harnessed for professional demands. This paper adopts a systematic method to review 125 papers on strategic thinking from 1978 to 2016. The themes identified across the available literature then served the basis for two individual models (elements and process of strategic thinking) proposed in paper. Based on discussion, several avenues for future research are suggested.
Keywords: process; cognitive; thinking; opportunism; entrepreneurship.
International Journal of Business Innovation and Research, 2021 Vol.25 No.2, pp.260 - 284
Accepted: 05 Aug 2019
Published online: 27 May 2021 *