Pathdependency of Performance
Strategy Dynamics deserves some more recognition and should be an integral part of strategic planning. It can show why similar companies, applying the same strategy will end up with different results. It's all about resources (money, machinery, men) and how management teams decide to take advantage of them
. Differing resources force different decisions.
Strategy Dynamics shows the path of meaningful action. Any action needs resources, but resources that are not available cannot be activated. Even if the resources are available, it makes a big difference how you deploy them. The difference deployment decisions are made, mark the difference between profit and loss.
Strategy Dynamics helps to make far more informed, i.e. better decisions. It is not a guarantee for success, but a good means to avoid costly errors and avoid wasting scarce resources. Don't forget: in a market economy every resource is scarce. And as we start to transform our economy into a more sustainable, circular economy, SD will become even more important.
People who are interested in the subject should register and subscribe to Kim Warren's Strategy Dynamics Briefings
. It's a very worthwhile reading and free.