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Chapter 17 - An Institutional Perspective on Open Strategy: Strategy in World Society

from Part IV - Theoretical Perspectives

Published online by Cambridge University Press:  13 July 2019

David Seidl
Affiliation:
Universität Zürich
Georg von Krogh
Affiliation:
Swiss Federal University (ETH), Zürich
Richard Whittington
Affiliation:
Saïd Business School, University of Oxford
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Summary

This chapter uses new institutional theory to shed light on the recent trend toward openness and inclusiveness in strategy making. New institutional theory depicts an extraordinary vivid strand in management and organizational research. This vitality is foremost reflected in the large amount of different theoretical substrands that populate new institutional theory (for an overview, see Greenwood et al., 2017). While some of these substrands such as institutional work or institutional entrepreneurship tend to highlight micro-processes, we, in this chapter, focus on Open Strategy as a world societal phenomenon. Therefore, we draw on world society theory (Meyer, 2010) as this stream in new institutional theory sheds light on macro-processes.

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Publisher: Cambridge University Press
Print publication year: 2019

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