Strategy and Innovation

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Mission: To achieve the Vision
How's this for a novel approach. Every organisation, the world over, has the same Mission. It's simply 'To achieve the Vision'....

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Strategic Marketing Decision
What are the elements of a strategic marketing decision?...

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🔥	NEW Definition of Business Strategy (aka Competitive Strategy) One of the most important aspects to understand about strategy in an organizational sense is that it comes in two flavors: business and corporate. In this short post, I will define each of the dimensi... 20 37 comments

What is Strategic Quality Planning?
I am a student researching about strategic quality planning. How do we develop a strategic quality plan? What are the processes involved? What are the considerations in making such a plan? Thanks for ...

6 comments

Main Factors of Strategy Formulation
Question. What are the main factors that needed to be considered during the formulation of strategy?...

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Is Strategy Development a Chaotic Process?
According to Stacey (1993) 'organisations are complex adaptive systems and the patterns in the actions of organisations, which are their strategies, emerge unpredictably in self organising processes.'...

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What is Strategy? (process)
If creativity is making the complicated simple, then we can see strategy as the process of transforming creativity into value for the stakeholders....

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Standardization: Tactic or Strategy?
Question, is standardization a strategy or a tactic and why?...

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Difference Between Strategy Approaches and Strategy Concepts
Hi, can someone please explain the difference between a strategy approach and a strategy concept? I'm not sure if I get it right, but to my mind an approach (like Resource-based View) describes a way ...

10 comments

What is a Strategy? (noun)
Unless a definition of "a strategy" is agreed upon by those who will have to use it and act by it, no "strategic planning" of whatever flavor will do. Yet, it is an illusion to fancy that one doesn't ...

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Organisational Development Strategy versus Business Strategy
Hi, please help, I'm struggling to understand the difference between an Organisational Development Strategy and a Business Strategy. How do they differ and how do they link?...

23 comments

Best Practices

The best, top-rated topics about Strategy and Innovation. Here you will find the most valuable ideas and practical suggestions.

🥇	Should Executives Become More Strategic? Some Tips... Some time ago we had 2 interesting discussions at 12manage "Strategic Planning must be Dynamic" and "Developing an Agile Top Management Team". McKinsey consultants Birshan and Kar argued that top exec... 53 82 comments

🥈	Operations Strategy versus Business Strategy What are the the differences between the operations strategy and the business strategy? And what do they have in common? Thanks for your replies.... 35 46 comments

🥉	Implementation/Formulation Strategy Matrix Properly formulated strategies that are actively managed lead to success. The Implementation/Formulation Strategy Matrix has 4 quadrants to be considered when developing a strategy: 1. WISHFUL THINK... 27 4 comments

What Makes a Person Into a Strategist?
It is really difficult to become a strategist without having the personality / behavior that makes a person into a strategist. I believe a strategist' personality is the product of proactive behavior....

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The Role of the Board of Directors in the Strategy Process
If strategy is to guide the organization, then it certainly must be guided by what by law, if not actual fact, is the organization´s key governing body, the Board of Directors (BOD). 1. To what exten...

4 comments