Strategy Development Process Flashcards
Understand what is meant by deliberate and emergent strategy development.
Identify deliberate processes of strategy development in organizations including: the role of strategic leadership, strategic planning systems and externally imposed strategy.
Identify processes that give rise to emergent strategy development such as: logical incrementalism, political processes and organisational structures and systems.
Understand some of the challenges of managing strategy development in organisations.
What is deliberate strategy and how can it arise?
Deliberate strategy involves intentional formulation or planning followed by implementation.
Deliberate strategy can arise through:
* The intentionality of strategic leaders
* Strategic planning systems
* External imposition of strategy
What is emergent strategy and how can it arise?
When strategies emerge on the basis of a series of decisions, which forms a pattern that becomes clear over time
Through:
* Logical Incrementalism
* Political processes
* Org systems and processes
What is unrealised strategy?
When aspects of a deliberate strategy are not realised in practice. E.g. goal to improve customer service but company doesn’t improve at all. Its unrealised.
What is unrealised strategy?
When aspects of a deliberate strategy are not realised in practice. E.g. goal to improve customer service but company doesn’t improve at all. Its unrealised.
What is strategic drift?
Where strategies fail to keep pace with the current environment and hence lead to a companies demise if not rectified.