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a stage of firm development where strategic decisions are closely linked to the firm's existing strategy; usually applies to medium sized firms.
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When is the planning mode of strategic decision making superior to the entrepreneurial and adaptive modes?
The planning mode is generally superior to the entrepreneurial and adaptive modes when the organization is fairly large, when knowledge is spread throughout the organization, and when the organization has at least a moderate amount of time to engage in strategic planning. The book proposes that the planning mode is more rational and thus a better way of making most strategic decisions. It may not, however, always be possible. The entrepreneurial mode can be very useful when time is short, one person or group is able to grasp the essentials of the business and its environment, and that person or group is able to influence the rest of the organization to accept its strategic decision. The adaptive mode is generally not considered to be very effective in most situations, but seems to be the fallback mode when entrepreneurial or planning modes can't operate effectively because of political infighting or lethargy. by: Yahya, Amman - Hordan
Explain the adaptive mode of strategic management?
Modes of strategic management are the approaches adopted by managers in formulating and implementing strategies. They address the issues of who has the major influence in the strategic management process and how the process is carried out. Managers generally use of one of three major approaches to strategic management: entrepreneurial, adaptive and planning. Adaptive Mode: This is an approach to strategy formulation that emphasizes taking small, incremental steps reacting to problems rather than seeking opportunities and attempting to satisfy a number of organizational power groups. The adaptive mode is characterized thus, by some familiar features: 1) The focus is on solving problems of immediate concern, rather than developing long term strategies. 2) Instead of meeting problems head-on in a bold way, the executive try to follow a reactive approach. 3) This approach is used by managers in established organizations that face a rapidly changing environment and yet several coalitions or power blocks, that make it difficult to obtain agreement on clear strategic goals and associated long term plans (Mintzberg) 4) The emphasis is on taking small, incremental steps aimed at appraising powerful coalitions within the organization. Since power distributed it is always not possible to develop major goals, take bold initiatives and get ahead in a unified way.
What is strategic management plan list and explain the steps you strategic management process?
steps process strategic management
Objective of Strategic Management?
Main objective of Strategic Management is to increase profitability
Evolution of business policy and strategic management?
evolution of business policy and strategic management?
When is the planning mode of strategic decision making superior to the entrepreneurial and adaptive modes?
The planning mode is generally superior to the entrepreneurial and adaptive modes when the organization is fairly large, when knowledge is spread throughout the organization, and when the organization has at least a moderate amount of time to engage in strategic planning. The book proposes that the planning mode is more rational and thus a better way of making most strategic decisions. It may not, however, always be possible. The entrepreneurial mode can be very useful when time is short, one person or group is able to grasp the essentials of the business and its environment, and that person or group is able to influence the rest of the organization to accept its strategic decision. The adaptive mode is generally not considered to be very effective in most situations, but seems to be the fallback mode when entrepreneurial or planning modes can't operate effectively because of political infighting or lethargy. by: Yahya, Amman - Hordan
Explain the adaptive mode of strategic management?
Modes of strategic management are the approaches adopted by managers in formulating and implementing strategies. They address the issues of who has the major influence in the strategic management process and how the process is carried out. Managers generally use of one of three major approaches to strategic management: entrepreneurial, adaptive and planning. Adaptive Mode: This is an approach to strategy formulation that emphasizes taking small, incremental steps reacting to problems rather than seeking opportunities and attempting to satisfy a number of organizational power groups. The adaptive mode is characterized thus, by some familiar features: 1) The focus is on solving problems of immediate concern, rather than developing long term strategies. 2) Instead of meeting problems head-on in a bold way, the executive try to follow a reactive approach. 3) This approach is used by managers in established organizations that face a rapidly changing environment and yet several coalitions or power blocks, that make it difficult to obtain agreement on clear strategic goals and associated long term plans (Mintzberg) 4) The emphasis is on taking small, incremental steps aimed at appraising powerful coalitions within the organization. Since power distributed it is always not possible to develop major goals, take bold initiatives and get ahead in a unified way.
What is strategic management plan list and explain the steps you strategic management process?
steps process strategic management
What are differences between strategic management and strategic management accounting?
Strategic management uses strategy, including strategic thinking to make all decisions, often through the lens of a strategic plan. Strategic management accounting is strict focused on fiscally related decisions, also as aligned with the organization's strategic direction.
Objective of Strategic Management?
Main objective of Strategic Management is to increase profitability
Evolution of business policy and strategic management?
evolution of business policy and strategic management?
Advantages and disadvantages of strategic management?
Strategic management has many advantages and disadvantages. One advantage of strategic management is being able to expect whatever comes up.
What is the Prerequisites for successful strategic management?
the prerequisites for successful strategic management is finance and human resources
Why are the functional areas of both marketing and management important to the four phases of strategic management?
importance of an organization's functional areas to the strategic management process and why they must be integrated during the four phases of strategic management
How strategic management is growing in India?
plz give me one Q. ans. strategic management in india
Strategic Project Management?
Strategic project management is used to grow the business. Project managers choose projects that align with the strategic objectives of the company.
what are THE SUCCESS FACTOR OF STRATEGIC MANAGEMENT IN AN ORGANIZATION?
management
