Given the importance of the concept of strategy hierarchy and the implied relationship between different levels of strategy, the aim of this e-book is to make a contribution to the strategy literature by addressing a number of key questions, inlcuding: The changing context of strategy; Competitiveness, trade-offs and value creation; Competencies, Capabilities and Resources; Hierarchical strategies and the resourced based view; Hierarchical fit; Knowledge; People in the hierarchical fit; and Moving the debate forward.