Mintzberg (C5 - Entrepreneurial)

Question 1

overview

Answer 1

strategy as a perspective, associated with a vision that belongs to the entrepreneur.

formulation comes progressively through the intuitions of the entrepreneur.

Question 2

strategy making

Answer 2

1. strategy is dominated by the active search for new opportunities
2. power centralised with chief exec.
3. strategy making is characterised by dramatic leaps forward in the face of uncertainty.
4. growth is the most dominant goal of the organisation

Question 3

premise

Answer 3

1. strategy in mind of the the leader as perspective - a vision of the long term future.
2. strategy formation is semi conscious, rooted in the intuition of leader
3. leader pursues vision with single-mindedness, maintaining personal control of implementation.
4. vision is malleable therefore strategy is deliberate and emergent.
   deliberate in overall vision and emergent in terms of how the details unfold.
5. strategy tends to take the form a niche, protected from the forces of outright competition.

Question 4

criticisms

Answer 4

strategy wrapped up with the behaviour of an individual

entrepreneur either gets too involved on the ground and loses sight of strategy. Or becomes too distant from the ground and too obsessed with strategy.

burden on the leader

culture of dependency and conformity that obstructs learning and innovation.