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CPA GLOBAL STRATEGY AND LEADERSHIP GSL COMPLETE SUMMARISED EXAM STUDY NOTES 2023
- Summary • 68 pages • 2023
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Global Strategy & Leadership 
Notes 
Module 1 
Carl von Clausewitz: Tactic is the art of using troops in battle; strategy is the art of using 
battles to win wars (military theorist) 
Adam Smith (>200 years): invisible hand – self-interest behaviour self-regulated the 
marketplace 
Alfred Chandler (1962): visible hand – how capitalist function, administrative structure and 
managerial coordination 
Michael Porter (1980): 
1. Firms profitability was determined by characteristics of its ind...

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