Identification of the Strategy of the Energy and Utilities Sector from the G7 Group Countries, from the Perspective of a Dominant Strategy Approach

Abstract

The aim of the research, the effect of which is this article, is to identify the hierarchy of selected approaches to building a strategy in companies from the sector of Energy and Utilities included in seven stock market indexes of the G7 countries The obtained results are related to the isolation of cognitive knowledge about the preferred approaches to the strategy in energy companies currently undergoing intensive changes and that are listed in the stock indexes of the G7 countries. The Authors proved that the strategy implementation in companies representing Energy and Utilities sectors is mainly based on the resource approach. Moreover, such an approach is supported by the classic tools of the positional school, resulting in shaping the competitive position in the sector of differentiating the Chamberlin’s rent.

Keywords

• strategic management
• approaches to strategy
• enterprise strategy
• G7 group