Preview

Ten Schools of Strategy

Good Essays
Open Document
Open Document
2467 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ten Schools of Strategy
Ten Schools Of Strategy
1
Following are the ten schools of strategy :
The Design School :
This school seeks to find a match or fit for internal capabilities and external possibilities. It says to think before you leap.It lays a lot of importance on the analysis of external and internal situations. External covers the threats and opportunities and the internal covers the strenghths and weaknesses.Basically it is a SWOT analysis.Social responsibility and Managerial values also play a role in the formulation of the strategy.Once the alternatives are figured out,the best of them is chosen. once a strategy is chosen,it is then implemented.
Premises of the Design School :
 It should be a deliberate process of conscious thought
 Responsibility regarding the control and consciousness should be attached to the CEO
 The model of strategy should be simple and informal
 They should be one of a kind
 The process is complete when the strategies seem to be formulated as perspective.They need to be explicit.
 Only when the best one is chosen,can we implement it.
The criticism against this thought scool are :
 No clarity in the organization in terms of it 's strenghths and weaknesses.
 When ,how and when not should be the strategies formulated
 The major assumption is that the data can be aggregated and transmitted to the upper levels without substantial losses
 Other major assumption is that environment can always be understood and is sufficiently stable in the future.
Example : Design School
Microsoft’s share has been falling in the recent past.The reason can be attributed to lack of long term contracts with OEM manufacturers and good design team which can influence the customers to a large extent.In order to bridge this gap,Microsoft entered in to a strategic alliance with NOKIA there by acquiring the capability internally.
The planning school :
The basic idea of this thought school is to do a SWOT analysis and articulate them in to actionable



References: : http://www.strategologybyquattro.com http://facilitatingimpact.blogspot.com http://google.com

You May Also Find These Documents Helpful

  • Satisfactory Essays

    IT133 Kaplan University

    • 326 Words
    • 2 Pages

    Business Owners/Managers tend to use a term called a SWOT analysis, in order to determine their businesses’ internal strengths, weaknesses, external opportunities and threats. This analysis helps give the organization an idea ahead of time, before proceeding with an expansion of their company. It lays out a plan, to show them the strengths, weaknesses etc. so they have more of a visual concept.…

    • 326 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Fundamentals of Strategy

    • 4323 Words
    • 18 Pages

    In the beginning, state that all sections are in reference to Corporations Act 2001 unless stated otherwise.…

    • 4323 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    As problems in various companies were identified by the class a SWOT analysis was something that could be used to see what weaknesses, threats, strengths, and opportunities an organization has to combat issues. This is very important to see what the organization is doing wrong or right to help strengthen and decrease weaknesses and threats. It also helps a company to find its strengths and lean on them and to look for opportunities within the company. Then there are the threats to the company that we can try and get rid of like competition. Core competencies can be discovered during this process that gives firms a competitive advantage.…

    • 508 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Microsoft’s $7.2 billion acquisition of Nokia’s smartphone business closed at the end of 2013. This added some 30,000 employees and kicked off an entirely new phase in the company’s devices and services strategy. Microsoft has a history of difficult and failed acquisitions, including the $6.3 billion purchase of aQuantive and a $1.4 billion purchase of Navision. No doubt Microsoft’s CEO learned a few lessons from that process. Applying them to successfully integrate Nokia will be one of his first big challenges, but also a great opportunity to make Microsoft more relevant in a key market.…

    • 536 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    PPG first became aware of strategy’s wickedness in the late 1980s. Two missteps taught the company that diversification, be it into other industries or countries, is fraught with peril:…

    • 353 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Discuss the trends in the U.S. airline industry and how these trends might impact a company’s strategy…

    • 2432 Words
    • 10 Pages
    Better Essays
  • Good Essays

    The objective or purpose of applying a SWOT diagram as a planning tool in business is to have a platform of doing business or having a through picture of a business plan. Applying SWOT diagram as a planning tool has helped me to work out the strengths, threats, benefits and strategy of achieving financial prosperity in business. (Draft, 2012/2010, p. 209) I have learned that using the SWOT method as a planning tool will help me in working out an effective way and strategy to solidify my business plan with proper research, and thinking through it before setting the ball rolling for execution. Understand and using SWOT method will expose so many things and points one need to put into consideration while planning a business strategy. I also realized when I took the strategy strength test, I have a balanced formulator and implementer style and I work well in both arenas. New managers bring value to strategic management as a formulator, implementer, or both (Draft, 2012/2010, p. 201).…

    • 1848 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Strategy Recommendation

    • 432 Words
    • 2 Pages

    Newell Company had a 20-year track record of building shareholder value through successful acquisitions of companies such as Sharpie pens (2). Rubbermaid Incorporated, which had recently topped Fortune’s list of the most admired companies, and it included No. 1 spot in 1993 and 1994 (4). Rubbermaid was very profitable and growing quickly with a long history of innovation and a reputation as a smart brand marketer before 1994. Also because Newell and Rubbermaid both sold household products through essentially the same sale channels, and the merger transaction would be accomplished through a tax-free exchange of shares (1). Therefore, the acquisition of Rubbermaid seemed like a deal from heaven for Newell. However, I do not think merger with Rubbermaid is a good idea for Newell after read through the case. I think it “would pose a formidable challenge to the company’s demonstrated capacity to integrate and strengthen its acquisitions” (1), and all those challenges will outnumber opportunities from several aspects.…

    • 432 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Analysis of Ford Motors

    • 1662 Words
    • 7 Pages

    (I don’t have any books with me, can u do a one paragraph on what a swot analysis is and its advantage or use to an organisations strategy.)…

    • 1662 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Quite frankly, the fact that Microsoft has come to dominate such an important market is a bit unpalatable. Generally, that type of domination, however obtained, tends to reduce technological innovation, consumer choice and competition. However, we now come to the most crucial question, which can be summed up in two words:…

    • 1270 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    SWOT analysis is an effective way of gathering and classifying information, illustrating particular matters, and generating strategic planning ideas for a business.…

    • 727 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    The article discusses the five essential questions at the heart of any winning strategy. The author believes that answering these five questions can define and create a successful strategy of an organization, no matter what type, size or context it is. The first question asks after the winning aspiration. Most companies have a general or abstract mission, state or vision that makes no reference to competitions, customers or to winning. The author believes, that if you don’t set out to win, you rarely will. That’s why a aspiration always has to be defined very clear and detailed.…

    • 558 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Theory of Strategy

    • 2123 Words
    • 9 Pages

    Leadership is definitely not a ‘one-size-fits-all’ sort ofword. It is one of those words that is ceaselessly debatedand typically elicits a spectrum of individual opinions, from describing personality attributes, ‘position’ characteristics,or even behaviors. Whatever the arena – sports, politics, religion, business – a leader impacts and influences organizational effectiveness.…

    • 2123 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Industrial organization- (Economics) is the field of economics that builds on the theory of the firm in examining the structure of, and boundaries between, firms and markets.…

    • 815 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Strategy Management

    • 1772 Words
    • 8 Pages

    * Regaining leadership in the smartphone space: The strategic partnership with Microsoft will hopefully bring Nokia in the market. The Nokia-Microsoft ecosystem will deliver differentiated and innovative products with unrivalled scale in terms of product breadth, geographical reach and brand identity…

    • 1772 Words
    • 8 Pages
    Good Essays