Tuesday, 19 December 2017

Strategic Management and Operation

Generating Alternative Strategies Using Recent Models

3 types of strategy formation

  • Prescriptive
  • Descriptive
  • Integration 
 Prescriptive

1.Design School
-Deliberate process of conscious thought, ru by the CEO and there is a fit of the strategy to the organization.

2.Planning School
-Formal planning process, step-by-step with special techniques.

3.Positioning School
-After an analytical process, a company ca decide i a market and competitive environment where its current position is and where it was to be.

Descriptive

1.Entrepreneurial School
-Prerogative of the leader's visionary process,blended with wisdom,experience,intuitions and judgement.

2.Cognitive School
-Recognise the interplay between the various influential factors, and the mind will the interpret them to come up with a strategy.

3.Learning School
-Formulated i an incremental process, improves as it process

Integration

1.Power School
-Shaped by power ad politics and strategy is to position the organization and indicate as ploys rather than some strategic perspective

2.Cultural School
Strategic decision as a collective process.

3.Environmental School
-Treat the environmental factors as actors and not factors, and influence ad reaction amongst them for strategists to analyze and make the appropriate decision

4.Configuration School
-Transformation process and integrates all the nie schools of thought.

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Strategic Management and Operation

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