Approach:

• strategy is devolp by negotiation between power holders within the company and/ or between the company and its external steakholders

Basis:

• Political
• Science

Contributions:

• let the stronges people survive
• all sides of an issue are fully debated
• break through obstacles to necessary change
• democratic

Limitations:

• uses a lot of energy
• can lead to aberrations
• can lead to haong no strategy
• overstates the role of power in a organization