Among the diversity of social practices, economies-of-worth scholars have paid particular attention to the practices of justification, valuation and critique, which they deem to be essential for solving disputes or dealing with injustice in everyday social life. Such a focus makes the economies-of-worth framework a fitting perspective to advance current research in strategy as practice. Despite a growing body of studies elucidating different aspects of the practice of strategy, surprisingly little is known of the normative, evaluative and critical practices that underlie the making of strategy (Seidl and Whittington 2014; Vaara and Whittington 2012; Whittington 2006). This comes as a surprise given that strategy practitioners spend a great deal of their time justifying (Hendry 2000), evaluating (Simons 1995) and defending their strategic decisions in the wake of criticisms from staff, board members, analysts and other stakeholders (Whittington et al. 2003).
GOND, J.P., LECA, B. and CLOUTIER, C. (2015). An Economies-Of-Worth Perspective on Strategy as Practice: Justification, Valuation and Critique in the Practice of Strategy. In: Cambridge Handbook of Strategy as Practice. 1st ed. Cambridge University Press, pp. 199-219.