Chapter 17: The practice of strategy Flashcards
Strategy role of the top managers and directors?
CEO is often seen as the strategic leader.
Top management team
Non-executive directors
Who are the strategic planners?
Strategic planners are those with a primary responsibility for contributing to the strategy process.
What does the middle managers have for role in strategy?
4 roles that middle managers have in relation to the management of strategy:
1. information source
2. sensemaking of strategy
3. adapters as events unfold
4. champions of novel ideas
Who can be a external strategist?
Two different types of external actors that influences the strategy from outside:
external consultants and investors
What is the pyramid of strategy practice?
Strategists: who?
Strategising activities: what?
Strategising methodologies: which?
Who are the strategists?
CEO
Top management team
Non-executive directors
Strategic planners (those with a primary responsibility for contributing to the strategy process)
Middle managers
External strategist
What are the four strategy roles that middle managers can play in strategy?
- information source
- sensemakers of strategy
- adapters as events unfold
- champions of novel ideas and strategies
Which are the different strategy methods?
- digital strategy tools
- strategy workshops
- strategy projects
- hypothesis testing
- open strategy
