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Emergent Strategy |
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Description of Emergent Strategy. Explanation. |
Definition Emergent Strategy. Description.
Emergent Strategy is the vision towards strategy formation in organizations that emphasizes the benefits of letting the strategy emerge as things gradually becoming apparent. Try before you commit. Strategy is viewed as an ongoing process of constant learning, experimentation and risk-taking. It is an adaptive, incremental and complex learning process in which the ends and means are intertwined and often specified simultaneously.
The ends are rarely announced or recorded in a formal planning document, and when they are, they remain broad, general and non-quantifiable. The means develop or evolve over time as the organization learns from environmental developments and interactions.
It does not mean that emergent strategists do nothing upfront and react completely ad-hoc to things as they evolve.
Benefits of emergent strategy formulation. Advantages
Compare with: Deliberate Strategy | Logical Incrementalism | Strategy Dynamics |
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More Management Methods, Models and Theory | Return to Management Dictionary | |
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End of description Emergent Strategy. An explanation. |
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