The society has been credited with being a factor in the development of strategic management as a legitimate field of scholarly endeavor.
[6] Key topics discussed in the journal are strategic resource allocation; organization structure; leadership; entrepreneurship and organizational purpose; methods and techniques for evaluating and understanding competitive, technological, social, and political environments; planning processes; and strategic decision processes.
[6] The journal covers practice of managing organizations as they deal with entrepreneurial processes and the inevitable changes and transformations that result in ten theme areas: The Global Strategy Journal[10] is a quarterly publication of Wiley-Blackwell published on behalf of the Strategic Management Society.
The first volume included two invited papers for each of the ten topic areas: The SMS Book Series is published in cooperation with Wiley-Blackwell and focuses on cutting edge concepts/topics in strategic management theory and practice.
In March 2011, a special conference was held in Rio de Janeiro to discuss the role of Latin America in global development.
Membership is open to anyone who is active in the strategic management field, either as an academic scholar or teacher, as a business practitioner, or in a consulting capacity.
Emeritus membership is offered to individuals who are passed the age of 65 and have been an SMS member for at least 10 years.
Student membership is offered to individuals who are enrolled full-time, in-residence at the PhD granting institution.