Abstract
The entry discusses the strategy of designing and implementing public policies intended to promote public interests. It begins by recognizing that public interests are complex, multifaceted, ambiguous and implemented in weak selection environments. However, theories from strategic management, originally formulated to deal with private-sector issues, can illuminate the trade-offs associated with different policy options, the relationships between organization and behaviour within public agencies, and the potential gains from policies that align the interests of diverse individuals and groups. It reflects on historical lessons from different disciplines – in business, military and politics – and suggests areas for future research.
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McGahan, A.M., Klein, P.G. (2016). Public Policy: Strategy in the Public Interest. In: Augier, M., Teece, D. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-94848-2_561-1
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DOI: https://doi.org/10.1057/978-1-349-94848-2_561-1
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