Finding the Strategic Route Forward
- The importance of strategy context
- The survival-based strategic route forward
- The uncertainty-based strategic route forward
- The network-based strategic route forward
- The learning-based strategic route forward
- Heads of organisations, chief officers, chairpersons, board members and directors.
- Heads of departments, and senior managers & executives involved in the development of strategic management.
- Those who wish to understand the basic concepts for identifying the future of their organisations with the new challenges and opportunities that may lead to substantial change.
- Those who wish to consider not only the rational approach to strategic decision making, but also the creative aspects of such decisions.
- Those who wish to grasp the major intended and emergent initiatives that can be taken, involving the utilisation of resources, to enhance the performance of their firms in their external environments.
Upon completion of this course, you will be able to:
- Understand the importance of context in the development of strategy.
- Explain five approaches to strategy development that go beyond the classic prescriptive approach.
- Identify the relevance of a survival-based route forward in the context of the circumstances of the organisation.
- Outline the importance of the uncertainty-based route forward and comment on its relevance, depending on the organisation’s context.
- Explain the two main elements of the network-based route forward and comment critically on its usefulness.
- Decide the extent to which a learning-based strategy is needed as part of an organisation’s strategy process.