Body of Knowledge Guide

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The purpose of this guide is to help users of the Body of Knowledge understand the strategic management concepts and themes by organizing the terms by theme.

The terms in the Body of Knowledge are related to one anther. They are part of broader conceptual themes. A given term may belong to more than one theme. For example, the term 'business model' belongs to multiple themes -- the inquiry theme, the business organization theme, and the strategic framework themes.

Following are some themes and a hierarchy of terms related to each theme.

  • From Helfat et al (2007, 37, 121): Capability refers to the capacity to perform a particular task,...
  • Absorptive capacity is used to measure firm's ability to value, assimilate, and apply new knowledge...
  • Abstract, or systematic, frameworks, are essential to effective communications and sharing...
  • Accuracy refers to correctness in all details. For example, in order to make accurate observations...
  • Adapting makes something suitable for a new purpose. Adaptation is a learning process with an...
  • See causality.
  • Adaptive learning, or adaptive learning and management, is a process to sense changes, threats,...
  • Advantage thinking is thinking and activities that build the strategic thinking competency to find...
  • In organizational theory and management science, agency refers to the capacity of the individual...
  • The simplest agency model involves a single individual, called the agent, who acts on behalf of...
  • In systems science an agent is something that has the ability to interact with its environment....
  • Reconciling process excellence and innovation. Developing an organization that does both...
  • Ambitious goals is one of the four key elements making up the purpose of an organization. The...
  • Analysis is how knowledge is gained. Analytical process taking apart the thing to be understood or...
  • An analytical thinking orientation focuses the efforts to understand and design systems on the...
  • A second Test Entry
  • See complexity.
  • See strategic management activities for explanations of the four stages of strategic management...
  • Archetypes are common patterns or models of something, like a concept. In systems science...
  • Stacey on Aristotle's causality -- Aristotle introduced a theory of causality, for the first time...
  • art
    The most common usage of the word ""art,"" which rose to prominence after 1750, is understood to...
  • An aspect is a perspective, the way in which something can be viewed, whether tangible like a...
  • The comprehensive inquiry is the most extensive of the business organization inquiries. It is used...
  • See information asymmetry.
  • The first test entry.
  • See leadership
  • Something that is authentic is of undisputed origin, genuine, true, trustworthy, truthful, honest,...
  • See Authenticity inquiry.docx
  • The autonomous strategy process is variation increasing, produces a degree of instability, changes...
  • Autopoiesis is a natural process which includes the potential for transformation, the creation of...
  • """Business can be defined as a process that converts an outside resource, namely knowledge, into...
  • BAi
    Business Architecture, Inc.
  • See causal loop diagram.
  • See quality.
  • ""Behavior can be viewed as responses in search of pretexts (i.e. stimuli -- reasons, excuses or...
  • See good-to-great.
  • BHAG is an acronym for ""big hairy audacious goal"", a term coined by Jim Collins. It has elements...
  • Systems, or models, are defined by what is within and outside of the system. What separates the...
  • The concept of bounded rationality keeps the concept of rationality from becoming practicably...
  • ""Business can be defined as a process that converts an outside resource, namely knowledge, into...
  • Business architecture described -- Business design and strategy are inextricably linked, with...
  • A business concept, as defined by Gary Hamel, is a business model during its conceptualization...
  • Business design and strategy -- Business design, or business organization design, is the other side...
  • The business design construct is a template to guide the inquiry to understand and design the...
  • The term business ecosystem stands in contrast to the term environment. The term environment...
  • Business intelligence describes the criteria for or abilities related to intelligence that enables...
  • What follows is the template for a business organization. In its generic form, as presented here,...
  • Elements - the parts of the business model -- Business model elements, or simply elements,...
  • Business model innovation refers to business, business organization, business concept, business...
  • Establishing meaningful objectives is essential to strategy development. Objectives are set to...
  • A business organization is one or more businesses controlled in common by a person or group of...
  • Aspects - a basis for holistic inquiry -- The business organization, being the object of strategy,...
  • See business design.
  • Business organization inquiry serves to develop understanding of and designs for the business...
  • Transformation moves an business organization from one business model to another, developing new...
  • A business plan describes a business, its history, vision, goals, objectives, strategies, market,...
  • Business policy is essentially the study of knowledge, skills, and attitudes constituting general...
  • Business processes made up of the activities of the business organization. The activities are...
  • ""There is only one valid definition of business purpose: to create a customer."" -- Drucker, Peter...
  • Practical understanding or shrewdness relate to business, or a business. To understand or...
  • Business strategy pertains to a business unit as opposed to the corporation made up of many...
  • A business within the broader business organization, or corporation.
  • See business intelligence.
  • Think of cadence as takt time adapted to activities beyond routine production. In the product...
  • Resource-based view of capability -- Capabilities are a firm's capacity to deploy resources (Amit...
  • From Helfat et al (2007, 5): Two dimensions to the term ""capacity"" -- ""capacity"" refers to...
  • Categorization of phenomena is essential to making sense of the world. Without categorization, all...
  • Causal loop diagrams show the cause and effect relationships between the variables of a system....
  • Cause and effect relationships -- Causality is the relationship between cause and effect. Simple...
  • For related topics -- See teleology for a discussion of causality directed at management practice...
  • The relationships between the parts of a system are described as cause and effect. Cause and...
  • Change is other than equilibrium. Empirically, change is the normal state of economics, businesses...
  • A chaordic organization is a form of organization formulated by Dee Hock and others in forming the...
  • Chaos theory is the branch of mathematics that deals with chaotic systems-where apparent...
  • See chaos.
  • Complex systems with unpredictable behavior. Slight variations in starting conditions cause...
  • Human choice and freedom are philosophical issues -- in regard to whether and how they exist. The...
  • Classical economics (Fonseca, 2002, pp 11 - 12) -- Classical economic theory does not deal with...
  • In the world of business organizations, coevolution refers to the systems nature of the...
  • Strategy done right produces fit, coherence, between three fundamental elements - a business with a...
  • Commodities are a type of economic offering. They are sold to a market and exist outside of the...
  • What communication is and how it actually takes place is subject to debate. Here are a couple of...
  • Communicative interaction describes the interactive process that exists amongst members of an...
  • A business organization is a form of community. The more an organization takes on the...
  • Human beings live in communities and whatever they do is a joint performance conducted by them in...
  • The community of purpose specifically includes the top leadership team of the business organization...
  • Comparative advantage is a relative advantage. ""Comparative advantage dictates that we should...
  • Competencies reflect the know how of the organization, the demonstrated capacity to perform....
  • Competition is the independent effort of multiple businesses to secure the business of a third...
  • Competitive advantage is what enables a business organization to thrive. It is the objective of...
  • Competitive advantage comes about from general elements described in competitive advantage and from...
  • Another term for business strategy.
  • The quality or state of being complementary. For example, in biological science, ""The...
  • A business organization is a purposeful complex adaptive system. It has its purpose within an...
  • Complex responsive processes is one of several views of how complex organization becomes what it...
  • Complex systems include a broad array of things that are networked together. Their common...
  • The term complexity has no standard definition, in layperson terms or scientific terms. Many...
  • Classical or neoclassical economics both take a systemic view of economics where the system tends...
  • See systems science.
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