Strategic Management (Fach) / Basic Models of Strategy development (10 Schools) (Lektion)
In dieser Lektion befinden sich 10 Karteikarten
Mintzberg's 10 Schools
Diese Lektion wurde von Lernfuchs erstellt.
- 1. The Design School Approach: Clear and unique strategies are formulated internal situation of the organization is used to match the external enviroment Basis: Architecture as a metaphor Contributions: Order Reduced ambiguity usefiull in relative stable enviroment support strong an visonary leadership Limitations: simplifications may destort reality strategy has many variables an is inherently comlex no learning and flexability in dynamic enviroment high rist of resistance
- 2. The Planning School Approach: a rigorous (streng) set of steps are taken from the analysis situation to the execution of the strategy Basis: Urban Planning System theory Cobtributions: Gives clear direction enables resource allocation control Limitations: can become to static risk of groupthink predicting is difficult
- 3. The Positioning School Approach: places the business within the context of its industry and looks at how the organization can improve its strategic position within that industry Basis: industrial organization and military strategy Contributions: strategic management is a science focus on hard facts usefull in an early stage of strategie developent, when data is analyzed Limitations: simular to planning school neglects power, politics, culture and sozial elements better use for large firms number oriented
- 4. The Enterpreneurial School Approach: strategy as a visonary prozess that takes place in the mind of a carismatic founder or leader rely to the born leader Basis: Economics Contributions: sound vision and visonary leader can help a firm to keep up especially in earl or difficult years deliberate managementboar but flexible and emergent in details Limitations: potential developments or unexpected dangers might be ignored how to find the right leader high demands for a CEO visionary leader might lose thier relationship to reality
- 5. The Cognitive School Approach: Concentrates on what is happening in the mind of the strategis and how it processes the informatiosn Basis: Psychology Contributions: strategy as a cognitive process strategy as schemas or frames of reality usefull to explain why our minds are imperfect Limitations: not developing a strategy not usefull to guide strategy process
- 6. The Learning School Approach: management pays attention over time on what does work and what does not work incorporate the lessons leraned into the overall action plan strategies emerge in small staps as organization learns (adapts) Basis: Education Theaory Contributions: solution to deal with complexity an unpredictability in strategy formation learning effects the whole firm usefull in complex conditions with continous change Limitations: could lead to have no strategy at all not unesfull at crises or stable conditions
- 7. The Power School Approach: strategy is devolp by negotiation between power holders within the company and/ or between the company and its external steakholders Basis: Political Science Contributions: let the stronges people survive all sides of an issue are fully debated break through obstacles to necessary change democratic Limitations: uses a lot of energy can lead to aberrations can lead to haong no strategy overstates the role of power in a organization
- 8. The Cultural School Approach: involving various groups and depratrments within the company strategy formation as collective an cooperative process strategy reflects corporate culture Basis: Anthropology Contributions: explains the role of social processes, beliefs and values in decision making and strategy formation explains resistance to strategic change Limitations: unclear
- 9. The Enviromental School Approach: strategy as a response to the challenges imposed by the external enviroment enviroment is an actor, not a factor Basis: Biology Contributions: enviroment as an central role differentiated view on generic success strategies Limitaions: dimensions of the enviroment are often unclear no real strategic choice for companys unrealistic
- 10. The Configuration School Approach: strategy formation is a process of transforming the organization from one type of decision making structure to another Basis: Context Contributions: strategy and organizational shape are closely integrated describes reality by using configurations Limitations: view of reality in in the eye of the beholder