As a consultancy practice that uses Management Sciences methods we have an interest in the more specific area of strategy science. We, therefore, like the section in the book Good Strategy/Bad Strategy: The difference and why it matters by Richard Rumelt that describes how we naturally adopt a scientific approach to strategy. This doesn’t appear to be a widely held view, although we use it in our practice. So, it is interesting to see that the Institute for Operations Research and Management Science (INFORMS) Board of Directors has approved the creation of a new journal called Strategy Science.
Strategy Science: the journal
This new publication is being launched under the leadership of Daniel Levinthal from The Wharton School. It will publish outstanding research directed to the challenges of strategic management in both business and non-business organisations.
The subjects will range from relatively macro-level concerns of industry dynamics and the institutional context in which organisations operate to more organizational-level focused work, such as processes of organizational change, and work that links the organization to its external context, such as questions of firm boundaries and strategic positioning.
The journal will be open to a variety of disciplinary approaches including economics, operations research, political science, psychology, and sociology providing the work enhances meaningful understanding of substantive issues in the strategy domain. The journal encourages authors to take chances to produce work that pushes the field forward.
This is encouraging. Strategy and Management Science are broad disciplines. They are also relatively young areas for academic study, so a broad scope is helpful in finding what works as academia in conjunction with practitioners develop the body of knowledge.