The main knock on strategic management is that it is hard to maintain.The biggest force working against it is the market. For better or worse, the market at large is focused on the currentquarter rather than the earnings four or five quarters down the road. Investors can and have waited for strategic thinkingto pay off down the road, particularly in growth sectors like tech. However, when a company’s earnings start laggingbehind its peers, there is always pressure to bring in a traditional manager to squeeze out the shareholder valuesooner than later.