Abstract

Abstract Using the PIMS SPIYR data base, which pools cross‐section and timeseries data, an empirical study to identify business strategy types was undertaken. Using a two‐stage methodological approach combining principal component and cluster analysis on both a consumer products and an industrial products data base, two sets of strategy typologies were identified. Six strategy types were identified for consumer products: (1) harvest, (2) builder, (3) cashout, (4) niche or specialization, (5) climber, and (6) continuity. For industrial products, four strategy types were identified: (1) low commitment, (2) growth, (3) maintenance, and (4) niche or specialization. A discussion of the characteristics of each strategy type is offered.

Keywords

NichePrincipal component analysisCluster (spacecraft)Base (topology)Industrial organizationBusinessEmpirical researchComputer scienceMarketingOperations managementEconomicsStatisticsMathematicsBiologyArtificial intelligenceEcology

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Publication Info

Year
1983
Type
article
Volume
4
Issue
2
Pages
153-173
Citations
524
Access
Closed

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Craig S. Galbraith, Dan Schendel (1983). An empirical analysis of strategy types. Strategic Management Journal , 4 (2) , 153-173. https://doi.org/10.1002/smj.4250040206

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DOI
10.1002/smj.4250040206