Strategy Alicia Wiley AH543 Healthcare Strategic Mgmt January 25‚ 2015 Henry Mintzberg has proposed the concept of strategy by defining 5 Ps (Mintzberg‚ 1987). Each of the 5 Ps is a different approach to strategy. They are plan‚ ploy‚ pattern‚ position and perspective. Plan Strategy is a plan or future course of action that is consciously intended to deal with the situation and acts as a guideline (Mintzberg‚ 1987). This means that any act done purposefully and carefully to deal with a situation
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Are the Classical Management Functions Useful in Describing Managerial Work? Author(s): Stephen J. Carroll and Dennis J. Gillen Source: The Academy of Management Review‚ Vol. 12‚ No. 1 (Jan.‚ 1987)‚ pp. 38-51 Published by: Academy of Management Stable URL: http://www.jstor.org/stable/257992 . Accessed: 08/09/2014 02:29 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR
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The Antidote Emerald Article: How is strategy formed? Ten schools of thought Kippenberger‚ T Article information: To cite this document: Kippenberger‚ T‚ (1998)‚"How is strategy formed? Ten schools of thought"‚ The Antidote‚ Vol. 3 Iss: 6 pp. 11 – 14 Permanent link to this document http://dx.doi.org/10.1108/EUM0000000006623 Downloaded on: 14-08-2012 Citations: This document has been cited by 2 other documents To copy this document: permissions@emeraldinsight.com This document has
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A critical summary of the article “Patterns in strategy formation” written by Henry Mintzberg‚ published in Journal Management Science Vol. 24‚ No. 9‚ (1978) A short overview The paper‚”Patterns in strategy formation”‚ outlines a new kind of description to the much misunderstood process of strategy formation in organizations. After giving a short summary of the theme‚ the author‚ Henry Mintzberg‚ describes the term “strategy” and shows how the definition leads to the choice of a research methodology
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Evaluate the contribution of Mintzberg’s concept of 5 Ps for strategic thinking‚ illustrating your answer with appropriate examples. Mintzberg (1989) has suggested the 10 different schools of thought for strategy. In the 10 schools of thoughts‚ they are categorized into two major approaches to strategy; one is the Prescriptive approach while another is the Descriptive approach. The Prescriptive approach focusses on the formulation of strategy in intended manner while the Descriptive approach views
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my opinion‚ both represent the same argument and agree on most factors. Fayol outlines what management should be and Mintzberg doesn ’t disagree that this is desirable‚ however he lists what the managerial role consists of through his observations. Fayol ’s principles today are still relevant and are interrelated to studies such as that of Mintzberg and Kotter. A quote by Mintzberg sums up all: "If you ask managers what they do‚ they will most likely tell you that they plan‚ organize‚ co-ordinate
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(6th ed.). Frenchs Forest‚ NSW: Pearson Education This source explains the managerial roles and their importance according to Henry Mintzberg. The source gives detailed explanations of the various roles‚ and its examples. An evaluation on why managers at different levels in the organization should take up various roles. I find this source useful because Mintzberg concluded that their actual work activities involved interacting with others‚ with the organization itself and with the context outside
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pertaining to planning‚ organizing‚ commanding‚ coordinating and controlling. Over the period of time‚ multiple managerial books and academic journals have been based on the subdivisions of these five principles as per the theories of Miner (1971). But Mintzberg (1975) questioned Fayol’s classical managements functions and devised his own typology‚ which‚ like the classical functions‚ was gradually implemented in the academic world‚ but the two were never integrated in any study. Even other author’s like
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roles‚ and decisional roles. According to Mintzberg (1980:57)‚ managers at all levels perform ten interrelated roles. These roles fall into three groupings‚ namely: • Interpersonal roles – which derive from the manager ’s status and authority. • Informational roles – which derive from the interpersonal roles and the access they provide to information; and • Decisional roles – which derive from the managers authority and information. In Mintzberg (1980:182) it can be learnt that although managers
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Which of these writers – Taylor or Mintzberg – best describes how he/she manages? Mintzberg states that all managers deal with similar activities‚ namely‚ dealing with people‚ gathering and sharing information and attempting to look above the chaos to the future. The manager that I have chosen for this particular question is Richard Branson. I believe his management style is very unique‚ yet similar to what Mintzberg was trying to describe. One of the first Mintzbergs claims is that a manager a figurehead
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