Definition Deliberate Strategy? Meaning.
Deliberate Strategy (Formal Planning) is the vision towards strategy formation
in strategic management in organizations that emphasizes the benefits of acting intentionally. Plan
and think before you act. It does not mean that deliberate strategists are completely
blind to unexpected developments and events.
It is the opposite of Emergent Strategy.
Benefits of deliberate strategy formulation. Advantages
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Direction. Organizations need direction. Without
objectives and plans, they are adrift, and employees would not know what
to do. See: Leadership
Styles
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Commitment. Plans allow organizations to mobilize
themselves, build capacity and commit to major investments. See:
Real Options
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Coordination. A well crafted organization-wide strategy
allows the organization to act as a whole and make coordinated decisive
moves. See: Organizational
Configurations
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Optimization. Good plans enable optimal resource
allocation and allow the allocation of scarce resources to the most promising
business units. See: BCG Matrix
-
Programming. Strategic planning enables organizations
to run like a computer, precise, reliable, without mistakes and efficient.
See: Business Intelligence
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NEW Strategic Drift
Strategic drift is the situation wherein the strategy of a business is no longer relevant or suitable to the challenges, opportunities and threats of the external environment it is facing.
This n...
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Compare with:
Emergent Strategy |
Logical Incrementalism
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