DEVELOPING PROPOSITIONS FOR EMPIRICAL TESTING OF THE SCHOOLS OF STRATEGIC MANAGEMENT; PATTERN AND REMARKS

Authors in this paper draw attention to four different relations in Strategic Management research. Firstly, it is about the differences of the philosophical approach between realism and constructivism as the two most employed approaches in the development of Strategic Management. Apart from the development of topics, there was a very moderate research of the development of the field itself and the foundations for its development. There had been just several discussions of the philosophical foundations of strategy. Secondly, it is about the extensive historical overview of the research on the process of strategic management. The authors have developed a pattern of existing schools of strategic management in the three groupings. Thirdly, it scales down the level of research from the macro level down to the individual level- the top manager. Fourthly, it suggests the bridge between the theoretical concepts of schools of strategic management and the empirical testing in order to prove its relevance and practical use for top manager in everyday lives. The paper proposes a new classification of the schools of strategic management. The further research should be directed toward elaborating propositions into hypothesis and following the suggestions and remarks when performing empirical testing on four suggested schools of strategic management.