Strategy and Practice 1 - Introduction
From Wikireedia
- The what of strategy - decisions, goals objectives
- The how of strategy - who was involved, continuous or discontinuous, the drama and the story
- The strategy context - factors, environment, culture, markets, nationalities
- Mintzberg - Crafting Strategy - thr process of strategy is more important the planned part of strategy
- Mintzberg - Organigraphs - rich pictures rather than traditional M-form etc
- Mintzberg - Rise and Fall of Strategic Planning - Emergent practiced-based strategy
- Mintzberg - Strategy Safari - We can identify many streams of though and we should understand all of them
- Whittington - Strategy as Practice - The state of strategy at the end of the 20C -
- Cummings Angwin The Future Shape of Strategy
- The clasical - rationality and analysis
- Evolutionalry - unpredictability of environment
- Processual - pragmatic approach adapting and learning
- Systemic - importance of culture and affects on the conceptualization of the strategy process
- [Design School] Classical - looking at rhe ointernal strenghts and weaknesses of the org. Formulating clear stratgeies based on rational thought
- [Planning School] Design school plus check lists and frameworks such as [Porter's Five Forces]
- [Positioning School] Classical prescriptive using [Boston Box], [GE Attractiveness]
- [Environmental School]- Implicit and explicit influence of business environment is taken into account. Managers have far less [Agency Theory]
- [Learning School] - Strategy emerging over time. Other influencing factors, questioning assumptions. Interwining strategic formulation and implementation
- [Cognitive School] Understanding the mental processes in the head of the stratgeist - [Ohmae - The Mind of the Strategist]
- [Consensus School] Strategy development coming form emerging consensus of strategists as they learn frm each other
- [Power School] - Strategy as power, co-ercion, politics, bargaining and Macro Power - JV's, Network Organizations
- [Cultural School] The influence of corporate, regional and national culures to explain strategy
- [Entrepreneurial School] - Visions and perspectives embodied in entrepreneurs
- [Process School] - Senior management control the processes by which strategy is developed leaving determinatoin to others - parenting in a disionalized organization
- [Configuration School] - sees oprganizations as clusters of resources and characteristics and behaviours that are mapped and configured
Mintzberg........................................Mintzberg/Waters........................................Whittington
Planning
Design
Postioning.......................................Intended......................................................Classical
Environmental..................................Unrealised..................................................Evolutionary
Learning Cognitive Consensus.....................................Learning.....................................................Processual
Power Cultural Entrepreneurial Process..........................................Emergent..................................................Systemic
Themes in strategy and practice
- Increasing pace of change and uncertianty
- Increasing inability to rely on best practice and more on corporate intangibles
- Movement away from one best way and a focus of the conext of the org
- Away from simple either or ie local or global to paradoxical can we be local and gloabl big and nimble
De Wits strategic tensions or paradoxes
- Intended v emergent
- Profitiability v reponsibility
- Global v local
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Author | Mintzberg +, Whittington + and De Wits + |