?????? OD102: 10 Schools of Strategy Formation
Bülent Duagi ????
Strategy Adviser for CEOs in Tech ? Guidance for keeping your business relevant
Curated resources on Strategy ? Org Design ? Org Development ? Adjacent fields
Starters
1 of 4 / European Commission:?2023 Strategic Foresight Report ?- “analyses how to put ‘sustainability and people's wellbeing at the heart of Europe's Open Strategic Autonomy' and suggests ten concrete actions to achieve this aim.”?including:
8. Ensure that all Europeans can contribute to the transition?by increasing labour market participation and?focusing on future skills.
In addition to technical skills,?sustainability, digital, civic, resilience, or entrepreneurial skills?should be given increased attention.
Encouraging?lifelong learning, e.g. through greater on-the-job training and vocational training, or innovative ways of teaching would increase the?flexibility of learning.
(…) To manage demographic change, the EU needs robust?tools for granular forecasting of skills and workforce needs?in key sectors.
(…) Finally, to address specific labour market gaps and demographic challenges, the EU needs to?attract more global talent?and support the?creation of talent pools?and?partnerships with third countries. This needs to be coupled with?supporting the communities of origin?and adapting education and training to?enhance the integration.
Report discovered thanks to?Diana Stafie .
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2 of 4 / HBR on Strategy:?Defining a Growth Strategy in Uncertain Times ?-?Rita McGrath shares an approach with 4 practices for exploring new markets or navigating environments with lots of uncertainty, based on validating assumptions through experiments.
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3 of 4 / Gartner:?The 7 Key Trends That Will Impact Your Strategic Planning (PDF) ?-?Good overview about key technological, political, economic, social, ethical, legal and environmental trends to keep on your radar.
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4 of 4 / Matt Clancy:?How to Impede Technological Progress ?- An opportunity to enhance policymaking vocabulary with push (decrease costs), pull (increase rewards), drag (increase costs) and barrier (reduce rewards) policies.
Main
10 Schools of Strategy Formation
Source:?Strategy Safari: The complete guide through the wilds of strategic management ?by Henry Mintzberg, Bruce Ahlstrand and Joseph B. Lampel
An invitation to look at strategy from multiple angles -?highlights?ours:
Cognition aside, in reviewing a large body of literature,?ten distinct points of view?did emerge, most of which are reflected in management practice. Each has a unique perspective that focuses, like each of the blind men, on?one major aspect?of the strategy-formation process. Each of these perspectives is, in one sense,?narrow and overstated. Yet in another sense, each is also?interesting and insightful. An elephant may not be a trunk, but it certainly has a trunk, and it would be difficult to comprehend elephants without reference to trunks. The handicap of blindness does have an unexpected advantage, sharpening the other senses to the?subtleties that can escape those who see clearly.
Prescriptive
The?Design?School: strategy formation as a process of?conception
The?Planning?School: strategy formation as a?formal?process
The?Positioning?School: strategy formation as an?analytical?process
Descriptive
The?Entrepreneurial?School: strategy formation as a visionary process
The?Cognitive?School: strategy formation as a?mental?process
The?Learning?School: strategy formation as an?emergent?process
The?Power?School: strategy formation as a process of?negotiation
The?Cultural?School: strategy formation as a?collective?process
The?Environmental?School: strategy formation as a?reactive?process
Integrative
The?Configuration?School: strategy formation as a process of?transformation
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Dr. Marc Sniukas shares an accessible?summary ?for each of the 10 schools:
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? Focus on fitting organization with the environment.
? Step-by-step approach to planning strategy.
? Top managers lead the strategy process.
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? Aim for efficiency, control, coordination.
? Detailed planning for strategy.
? Analyze, predict, set goals.
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? Gain long-term advantage through positioning.
? Find unique market position.
? Stand out from competitors.
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? Align internal resources.
? Shape structure and systems.
? Fit strengths and demands together.
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? Thinking affects strategy.
? Perceive, understand, decide.
? Consider biases and mental shortcuts.
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? Consider cultural context.
? Align strategy with culture.
? Culture influences strategy.
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? Leader shapes direction.
? Visionary, intuitive strategy.
? Encourage innovation, risk-taking.
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? Respond to external changes.
? Monitor, adapt to environment.
? Adjust strategies for challenges.
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? Try new things, adapt.
? Strategy evolves through learning.
? Adjust strategies based on learning.
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? Power distribution, use.
? Power and politics influence strategy.
? Negotiation, conflict, power dynamics."
Which lenses have influenced your own Strategy practice the most?
Dessert
1 of 2 / Scott H. Young:?On learning from books ?-?“Reading more improves your fluency and background knowledge, which increases your reading rate.”
2 of 2 / Colin Gorrie:?Descriptive vs Prescriptive Grammar: A Simple Explanation ?- ”For a linguist, a grammar is a system that lets us associate form and meaning.”?Are fields of research and fields of practice not having only specific vocabularies, but also specific grammars??“In the?ungrammatical?sentence, we cannot complete the association of form and meaning. It comes out as "word salad".”?Are you encountering word salads in your field of practice?
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Bon appétit!
Curated by knowledge chefs Raluca and Bülent Duagi.
As the Sense & Change team, we’re working with Directors in ???? Tech companies to make?more impact with the limited resources?they have at hand, by:
We've been recently advising, mentoring and training leaders from:
· Adobe, DB Global Technology, Deloitte Digital, HP, IT Smart Systems, Orange, Orange Services, OTP Bank, Servier, Stockday and TotalSoft.
For over 20 years, I‘ve helped CEOs and business owners make their companies more successful with clear, actionable, winning strategies ? Follow for Proven Systems to Make Better Strategy
1 年Thanks for including me! ??