Final answer:
Strategic management has evolved from a focus on resource yields post-World War II to a holistic approach incorporating ecological and human resource considerations. It now encompasses a balance between theoretical frameworks and practical applications, particularly in conservation and sustainable resource management.
Step-by-step explanation:
The concept of strategic management has evolved significantly over time, with its roots in the post-World War II period. Initially focusing on increasing yields and responding to consumer demands, resource managers in various applied disciplines such as forestry, wildlife management, and fisheries expanded their efforts to improve outcomes. This focus represented the early conceptual foundations of strategic management, which emphasized efficiency and the optimization of commodities.
However, as scientific advancements accelerated in various biological disciplines, strategic management began to adopt a more holistic and ecological approach. The integration of ecological concepts into resource management suggested more comprehensive strategies that took into account biodiversity, conservation, and sustainability. This shift in perspective led strategic management to encompass more than just increases in productivity, but also considerations in the balance between theory and practice, particularly in the realm of conservation planning and resource management.
Reflecting on critical thinking questions, societal and management attitudes shifted over time, causing the emergence of organizational psychology to follow industrial psychology. This change indicated a broader consideration of human factors within strategic management, where sociological elements and human resources became integral to developing business strategies.