Strategic Management Review > Vol 2 > Issue 2

Prospective on Corporate Renewal

Emilie R. Feldman, The Wharton School, University of Pennsylvania, USA, , Arkadiy V. Sakhartov, Gies College of Business, University of Illinois at Urbana-Champaign, USA,
Suggested Citation
Emilie R. Feldman and Arkadiy V. Sakhartov (2021), "Prospective on Corporate Renewal", Strategic Management Review: Vol. 2: No. 2, pp 193-204.

Publication Date: 14 Sep 2021
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Summaries of Essays 


This paper introduces the Strategic Management Review Special Issue on Corporate Renewal. Following Hofer and Schendel (1978), we define corporate renewal as a type of strategic renewal that is concerned with the processes and outcomes of changes in the scope and resource deployments among a firm's businesses. We introduce a three-part framework for corporate renewal that highlights the choice among various modes of corporate renewal, the different actors who can implement corporate renewal, and the processes that are involved in the execution of corporate renewal. We draw upon this organizing framework to categorize the essays contained in this volume and to outline potential directions for future research on corporate renewal.



Strategic Management Review, Volume 2, Issue 2 Special issue on Corporate Renewal
See the other articles that are part of this special issue.