Why Strategic Plans Fail By Randall Rollinson There are many reasons why strategic plans fail to be realized by the organizations conceive them. Here are five of them: Failure to assess the current strategic direction before launching a strategic planning effort To manage a formally stated, integrated, and properly deployed strategy is a major challenge…

The Art of War by Sun Tzu http://en.wikipedia.org/wiki/The_Art_of_War Around 2,300 years ago, Sun Tzu is credited for having written The Art of War, a compilation of essays that might well be termed the concentrated essence of wisdom on the conduct of war. In summary, there are several important themes developed by Sun Tzu as they…

Instead of Introduction Ten deeply embedded, though narrow, concepts typically dominate current thinking on strategy. These range from the early Design and Planning schools to the more recent Learning, Cultural and Environmental Schools.1 While academics and consultants keep focusing on these narrow perspectives, business managers will be better served if they strive to see the…

Mintzberg’s Ten Schools of Thought about Strategy Formation Model Approach Basis Contributions Limitations Typical The Design School A process of conception Clear and unique strategies are formulated. The internal situation of the organisation is used to match the external environment. Architecture as a metaphor. Order. Reduced ambiguity. Useful in relatively stable environment Support strong and…