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Purpose The purpose of this paper is to demonstrate the relationship between three concepts: organisations, transformability and the dynamics of strategy. These three concepts together with their interrelationships are central in explaining the life cycle of organisations, their survival and renewal. Design/methodology/approach The development of this explanation has been based on bringing together a diversity of perspectives. Each perspective provides a horizon of understanding by directing attention in a particular way. The benefits of this approach are that it avoids the pitfalls of one‐dimensionalism. This approach more accurately reflects the multi‐faceted reality within which organisations operate. Findings Discusses, compares and contextualises the findings and approaches of the papers in this special issue. Originality/value The perspectives considered represent a small sample of the diversity that exists. However, this sample as serves a starting‐point in developing a wider, more holistic debate that aims to bring theory and practice together.
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Chaharbaghi et al. (2005) studied this question.
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