Conclusion: Strategic Framing and the Information Value Chain

Strategic management tries to explain how value is created by the firm’s activities and how this value reflects in the firm’s performance. Strategic management as a discipline developed in the 1960s and 1970s. From there, in its short life, the strategic management field has developed many different frameworks to incorporate our additional understanding of firms and markets, as well as the changes in the competitive environment faced by firms. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.