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.
For Sir Francis Bacon, Baron Verulam, Viscount of St. Albans, was one of the leading politicians and members of the power Ã©lite in Great Britain. He was, first, the youngest son of Sir Nicholas Bacon (1509â1579), a close friend and brother-in-law of Sir William Cecil, Lord Burghley, a leading aide to Queen Elizabeth.