The essence of strategic management: a learning view, Notes, and Comments

Abstract

S Ramnarayan and N Mohan Reddy's article "Institutional Learning: The Essence of Strategic Management," Vikalpa, January-March 1989, used the learning perspective to evolve a framework of the strategic management process in organizations. The authors proposed a set of guidelines for enhancing the effectiveness of strategic initiatives in organizations. K R S Murthy feels that a learning view o(the strategic management process across organizations would require a comprehensive theory of organizations and 6. sounder empirical base than provided. The authors' concept comes closer to the structural perspective. A longitudinal and comprehensive study of s'irategic management is necessary for tracking the process from an mganizationallearning perspective to derive how one can develop a leatning view of the strategic management process.