Chapter 12 - BUSN 450

Question 1

Intended Strategy

Answer 1

is deliberately formulated or planned by managers

Question 2

Strategic planning systems

Answer 2

take the form of systematized, step-by-step, procedures to develop an organisation’s strategy.

Question 3

Strategic planning may play several roles within an organisation

Answer 3

Formulating Strategy
Learning
Co-coordinating
Communicating

Question 4

Dangers associated with planning

Answer 4

Confusing strategy with the plan
Detachment from reality
Paralysis by analysis 
Lack of ownership
Dampening of innovation

Question 5

emergent strategy

Answer 5

comes about through a series of decisions

Question 6

Logical incrementalism

Answer 6

is the development of strategy by experimentation and learning – from partial commitments rather than through formulations of total strategies.

Question 7

Four characteristics of logical incrementalism

Answer 7

1) Environmental Uncertainty
2) General goals
3) Experimentation
4) Coordinating emergent strategies

Question 8

Learning organisation

Answer 8

an organisation that is capable of continual regeneration from the variety of knowledge, experience and skills within a culture that encourages questioning and challenge.

Question 9

The political view

Answer 9

that strategies develop as the outcome of bargaining and negotiation among powerful interest groups (or stakeholders).

Question 10

Continuity is likely to be a feature of strategy because of

Answer 10

Emergent strategy as managed continuity
Path-dependent strategy development
Organization culture and strategy development