Ways to craft Strategy

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  • Analytical - aligining and shifting mix of products Mintzberg
  • Stakeholder - Changes made to satify stakeholders
  • Adaptive - Aligning the operating environment with external environment - ed decentralized structures outperform in turbulent environments
  • Gap Analysis - Gaps in competences
  • Systems based analysis of strategic tensions - change can only be understood in terms of content, processes and context

Eg's of Strategic Tensions

  • Equity- Equity - Clashes betwen different interests (Clients/suppliers) whose interests will be served
  • Transition - Transition - Tensions between competing plans "my data is better than your data"
  • Preservation - Preservation - Unclear what the core values are. "What are we doing v what should we be doing"
  • Preservation- Innovation - Disputes about pay-offs "Is it worth it?"
  • Expansion - Contraction - Expanding but with fewer resources
  • Innovation - Tradition - Tension between old and new values
  • Change - Ethics - Similar to above
  • Profitability and Ethics
  • Change and Continuity
  • Do more with less
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