TY - JOUR T1 - A Strategic Management Maturity Model for Innovation JF - Technology Innovation Management Review Y1 - 2018 A1 - Ferhat Demir KW - business model KW - innovation KW - maturity model KW - strategic management AB - Even though strategic management is highly critical for all types of organizations, only a few maturity models have been proposed in the business literature for the area of strategic management activities. This article updates previous studies and presents a new conceptual model for assessing the maturity of strategic management in any organization. The Strategic Management Maturity Model for Innovation (S3M-i) is composed of six maturity levels with seven dimensions. The main contribution of the S3M-i is to put innovation into the agenda of strategic management. The main objective of this study is to propose a model to align innovation with business strategies. This article suggests that innovation (new breakthrough products/services and business models) is the only way of creating sustainable growth, and strategy studies cannot ignore this aspect. Maturity models should embrace innovation to respond to the dynamic business environment and rapidly changing customer behaviours. PB - Talent First Network CY - Ottawa VL - 8 UR - https://timreview.ca/article/1196 IS - 11 U1 - Ferhat Demir is a management lecturer, trainer, and consultant. He studied Industrial Engineering at the Sakarya University in Adapazarı, Turkey. He received his Master of Business Administration (MBA) degree from Kennesaw State University and his Master of Public Policy (MPP) degree from Georgia State University in the United States. His fields of expertise and research interests include strategic management, innovation strategies, competitiveness, business models, and organizational design. He has diverse experience with large corporations, SMEs, non-profit organizations, and governmental institutions. ER -