Adding value to the strategy process using object-oriented modeling and software support: theoretical background and practical results

Abstract

The authors analyze the system properties of the business strategy process and describe the requirements for software support that follow from the internal tensions in strategic planning. They introduce an object-oriented methodology to model the business and its environment, and a corresponding software system, Stratex, that makes effective support of the strategy process possible. The system is currently in use in several large companies, and the authors describe in detail one of the real-life business cases where the support system is used to add value to the business.<>