Open Strategy: A Review of Literature and Future Research Directions

The concept of open strategy has emerged as a new way of thinking about organizational strategy and competition. In this paper, we review the literature on open strategy and identify key themes and future research directions. The literature highlights the importance of openness in strategy formulation and implementation, and the potential benefits it can bring to organizations. We also discuss the challenges and limitations of open strategy and how organizations can overcome them. The paper concludes by outlining future research opportunities in this area, including the role of technology, the impact of open strategy on organizational performance, and the interplay between open strategy and other strategic initiatives.

Open Strategy: A Review of Literature and Future Research Directions Keywords:

Open Strategy , Innovation , Collaboration , Stakeholder Engagement , Information Overload