The purpose of this chapter is to continue the investigation into the key strategic actors, their tools and capabilities involved in strategizing. Specifically we examine the composition of strategy teams and the ways they develop and deliver strategy. Within the strategy literature, recent studies have highlighted the importance of studying organizational structures and corporate strategies as continuous and intertwined processes of organizing and strategizing. It is claimed that in dealing with these dynamic processes the roles of those involved in strategy are also changing and so are their actions. Yet, our understanding about these activities remains scarce. Accordingly the key question we address in this chapter is: what are the activities employed by strategy teams during their work?
Keywords: strategic capabilities; strategizing capabilities; strategy teams.