June 13, 2011
by Oliver
Comments Off on The impact of creativity and imagination on strategy formation
As discussed in the previous posts strategic discourses support organizations in ambiguous situations. Creativity and imagination might have an impact on strategy formation as well. HURST, RUSH and WHITE (1989) criticize the emphasis of analytical thinking, rationality and objectivity and … Continue reading
May 15, 2011
by Oliver
Comments Off on The impact of language on strategy formation
Strategy formation can be understood as a communicative process or at least as a process that is attended by communication. In particular in ambiguous situations with justification of decisions and demands for legitimacy, communication can play a major role. Various … Continue reading
January 23, 2011
by Oliver
1 Comment
A couple of days ago I had an interesting conversation with colleagues in terms of sustainability. The issue was, whether organizations in Europe focus on true sustainability these days or just focus on a PR effect. I think the truth … Continue reading
December 31, 2010
by Oliver
Comments Off on Behaviroral strategy
During the research for my thesis I found this very interesting article concerning “behavioral strategy”. It addresses the impact of the subconscious mind on strategic management. Left unchecked, subconscious biases have the ability to undermine strategic decision making. This does … Continue reading
May 26, 2009
by Oliver
1 Comment
…and how to manage them. When company managers discuss their personal experiences in terms of external consultants you can find a broad range of opinions and beliefs. Point of views may vary between very positive experiences when hiring external knowledge … Continue reading
April 21, 2009
by Dagmar
Comments Off on Porters Generic Strategies During the Current Financial Crisis
Last week I was asked about my opinion about Porters Generic Strategies during the current financial crisis. My first spontaneous thought was: Why ask that question? Is it less important to have a distinctive strategy during a crisis than it … Continue reading
October 27, 2008
by Dagmar
2 Comments
“Some companies make things happen. Some companies see things happen. Some companies wonder that things happen.†This is one of my favourite management quotes because this is all strategy is about. I heard it in a lecture during my MBA … Continue reading
September 7, 2008
by Oliver
Comments Off on Sticky factors
In this post we will have a brief look at a specific phenomenon of strategic management. Turn back time is in interesting concept in terms of movies or sci-fi literature, but in terms of chosen strategic directions an easy way … Continue reading
July 29, 2008
by Oliver
1 Comment
A couple of days ago I participated in a discussion concerning risk management systems. A specific emphasis was given on strategic risks and their management. Identification and delimitation were described as two major problems when starting to manage this risk … Continue reading
May 4, 2008
by Oliver
1 Comment
Last week I received a newsletter from McKinsey concerning some selected articles. The major purpose was to present some thoughts around the 7 S Framework. Furthermore the newsletter suggested some other publications from The McKinsey Quarterly; some of them have … Continue reading