Three Schools of Strategy

CLASSIFICATION SCHOOL Description Design Prescriptive: Attempts to identify directions for action on the part of the lodge based on an assessment of its current berth and that of the environs within which it operates. A knead of conception, matching internecine built in bed of the organization to the external situation of the environment. Planning A formal outgrowth which follows a rigorous set of steps from analysis of the situation to the development and exploration of various alternative scenarios Positioning An analytical process placing the business within the context of the industry that it is in, and looking at how the organization can improve its competitive positioning within that industry. Philosophy * Seeks to establish a fit between internal capacities and external possibilities. * Strategy development is a rigorous and keen process. * Strategy precedes structure in the organization. * Strategy can be developed by specialists in the science of developing strategy. * in that location should be a formal strategical planning surgical incision in the organization. * Synthesis can follow from analysis. * Organized in military planning (eg. Sun Tzu) * Strategy is a compounding of defensive and offensive moves.

* Premise is that industry structure drives strategic position which drives organization structure. * Strategy of an organization is dependent upon the flock and drive of one entrepreneurial individual. Tools Advantages * Forces consideration of external factors. * offset probably most appropriate in organization that bring a major reorganization (reconception) Dis-advantages * SWOT analysis * Places a big emphasis upon ability to forecast the future (what if not?) * stiff strategic planning methodologies * Scenario analysis * Planners can evaluate true strategic options, if these are somehow created in the process. * Process may constrain more important than the product> * Process has no place for creative... If you privation to get a full essay, order it on our website: Ordercustompaper.com

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