In other words, structure shapes strategy. This âstructuralistâ approach, which has its roots in the structure-conduct-performance paradigm of industrial organization economics1, has dominated the practice of strategy for the past 30 years.
For the 20th-century painter, see Francis Bacon (artist). For other people, see Francis Bacon (disambiguation). Francis Bacon, 1st Viscount St Alban, PC KC (/ËbeÉªkÉn/; 22 January 1561 â 9 April 1626) was an English philosopher, statesman, scientist, jurist, orator, and author. He served both as Attorney General and as Lord Chancellor of England.
his political career, Bacon had let the power go to his head and had thought that he could avoid all of the rules because he thought he could get away with it. Based on his mistakes, we can learn how to not let what happened to him happen to us. Overall, Sir Francis Bacon is an important person to learn about because his contributions to the modern scientific world can help us learn how to discover the truth or make a ground-breaking discovery.