The Honda Case Flashcards
Mintzberg model, emerging and intended strategies
Explain the Mintzberg model
In addition to intended strategy leading to an outcome parts of the strategy is unutilized while other parts are emergent from practice
Why did boston consulting group think honda succeeded
Becouse they had prepared increases capacity in addition to identifying a new market segment “you will meet the nicest guys on a honda”
Why did mintzberg belive the reason gor hondas success
Their adaptebility and willingness to learn since they moved to the us after failing in asia, rebranded after their hevyer vehicles were unable to handle the dry climate and took inspiration from students
To plan you need a stable world
True
Hondas success was all becouse of luck
In a way but the point is that they stayed prepared to get lucky
Institutional culture is more important for expansion than geography nowadays
True
What does a broad vision mean
Too think outside the box
Is there a reason to strategise even if emergent strategies are more successful
Yes, it looks better to investors (coorporate hypocrisy)
The most successful strategies are visions not plans
True
Strategic planning isn’t strategic thinking
Yes, one is analysis and the other one is synthesis
What is strategic programming
When the vague vision is codified into clear language, elaborated/ broken down into action plans and sub strategies as well as converted by considering the strategies effects on the organization budget and performance wise.
What are the roght and left handed planners
The right handed are traditional analytical people who places great importance on structure and procedute. Left handed are more intuitive and encurages others to think strategically.
What is an umbrella strategy
To delimit the goal but letting the members of the firm take action within those limits
May different types of strategies overlap
Yes, f.ex almost all strategies are a type of umbrella strategy
What is an unconnected strategy
When a subunit of a larger firm is able to find its own way, in some cases like hospitals and universities the entire firm can be called a collection of unconnected strategies where doctors and professors do their own thing