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strategy formulation

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strategy formulation
The formulation of a sound strategy is imperative for an organization towards attainment of its long-term objectives. The same takes into account the situations prevailing in the firm’s external environment. A host of others issues too play a role in strategy formulation. The paper discusses the underlying philosophy behind strategy...
Tags: strategy formulation, strategy, environment
White papers 2003-01-01
How Fast Is Too Fast?
Strategy formulation is one of the main tasks of an organization. Strategy of the organization determines the methodology and processes required to achieve long-term organizational goals. In recent years, organizations have been seen obsessed with speed in building their businesses. The paper argues that speedy strategy formulation and implementation does...
Tags: McKinsey & Co., strategy
White papers 2003-01-01
Strategic Thinking: Strategy as a Shared Framework in the Mind of Managers
Even though most academics, business people and consultants recognize that the purpose of strategy formulation can no longer be to generate strategic plans, critics of formal strategic planning offer little guidance on how to overcome its limitations and rarely address CEOs 'concerns about turning strategic vision into an operational reality....
Tags: strategic thinking, strategy formulation, strategy, Strategic Planning, vision
White papers 2002-03-01

Additional Resources

strategy formulation in Small Business: A Conceptual Framework
There are many sophisticated concepts of strategy formulation offered in the strategy literature. However, the large majority hold little promise for small firms. The research reported in this paper is devoted to exploring the concept of strategy in small business. In particular, this research intends to, first suggest a model...
Tags: Concordia University, strategy formulation, small business, strategy, entrepreneurial
White papers 2004-05-14
Formulating an Organizational Knowledge Strategy: The Influence of Existing It Infrastructure
This paper questions the influence of a pre-existing information technology (IT) infrastructure on the formulation of an organizational knowledge strategy. The author's draw on a classification of four different strategic views of IT infrastructure and explore how the historic investment in IT infrastructure enables and constrains the formulation of knowledge...
Tags: Strategy, University of Melbourne, formulation, IT infrastructure, knowledge, information technology, investment
White papers 2004-04-08
strategy formulation And Implementation
Strategy of an organization is the roadmap towards attainment of its long term goals and objectives. Organizational strategy consists of planning, organizing, execution, and control activities. Competitive advantage is the measure of a firm?s competencies and performance against the factors prevailing in the firm?s external environment. Strategy of the organization...
Tags: Murray State University, competitive advantage, strategy, environment, performance
Presentations 2003-01-01
eBusiness Strategy
Electronic business (e-business) involves business transactions done through electronic channels and includes the activities of customer servicing, collaborating with partners, and conducting electronic transactions within the organization. Consolidating an e-business involves formulation of an effective e-strategy. Several elements are involved in the same. The paper examines the concept of strategy...
Tags: Web technology, E-business/E-commerce, Texas Tech University, formulation, e-business, strategy
Presentations 2003-01-01
The Office of Strategy Management
The statistics surrounding the success that organizations have in executing strategy is low. There is often a chronic disconnect in organizations between strategy formulation and strategy execution. An Office of Strategy Management, or OSM, is intended to close that gap. It is typically a new unit at the corporate level...
Tags: BetterManagement.com, strategy, Strategic Planning, Microsoft Office
White papers
The Role of Strategy in Small-Firm Adaptation to a Changing Environment
Strategy formulation and implementation are critical elements of the small firm's process of adapting to a changing world. The CEO who hopes to adapt his/her small firm to a changing environment must focus on strategy formulation and implementation. This paper presents theories, concepts, and models that can be used to...
Tags: Wayne State University, strategy, environment, theory
White papers 2004-05-06
strategy formulation and Competence Building in New Organizational Arrangements
Focusing on the recent evolution of industry, this paper analyses how firms are redefining their strategies and building competencies to survive and compete in a context where there is a change from individual to collective efficiency. Based on a series of case studies and a survey (470 respondents), this article...
Tags: strategy, alliance, survey, industry
White papers 2001-03-05
Manufacturing Strategy And Manufacturing System Flow Principle: A Decision Model Approach
According to an industry survey made within this research, Swedish manufacturing industries lack of structure in refining the formulated strategies to useful decision areas in lower hierarchy levels. Academic strategy literature has described the content and formulation of manufacturing strategies from a market perspective, but there is a gap between...
Tags: Manufacturing, Strategy, Management
White papers 2004-03-25
The Chief Strategy Officer
The Chief Strategy OfficerImplementing in smaller companies??RE: The Chief Strategy OfficerIdeally the CEO should of course be deeply involved in both strategy formulation and execution.This however requires a very analytical and structured person - not always found in CEO's.They may be strong in other areas like people skills, innovation or....In...
Tags: Strategy
Discussion threads 2008-03-13
A Functional Approach To IS/IT strategy formulation
Studies of the current state of Czech management testify that strategic management is one of the greatest weaknesses in the management of Czech business when compared with their Western competitors. The aim of the institutional research programme of which partial results related Information Strategy/Information Technology (IS/IT) strategy formulation with focus...
Tags: State, Strategic Management, Leadership, Strategy, Management
White papers 2003-11-20
Guidelines For Formulation & Implementation Of IS / IT Strategy On Indian Railways
An Information Strategy/Information Technology (IS/IT) strategy is "The process of identifying a portfolio of computer - based applications to be implemented, which is both highly aligned with corporate strategy and has the ability to create an advantage over competitors." In this paper, the concept of IS/IT strategy, in brief and...
Tags: strategy, computer
White papers 2003-07-11
Method of Export strategy formulation for Manufacturing or Trading Company
The objective of the paper is to present one method that solves the problem of election of a suitable export strategy using method of multi criteria evaluation. The initial hypothesis assumes limited financial and personal resources of a company generating necessity of incremental penetration to export markets with dependence on...
Tags: formulation, strategy, manufacturing, financial
White papers 2004-10-14
Active Agents, Passive Principals: The Role of the Chief Executive in Corporate strategy formulation and Implementation
This paper uses agency theory to study the active role of the chief executive in the formulation of corporate strategy. Unlike traditional applications of agency theory, it allows the agent (CEO) to play a role in defining the parameters of the agency problem. It argues that CEOs will have an...
Tags: Real estate, Advertising & Promotion, University of Oxford, formulation, agency, agent, CEO, strategy, compensation, incentive
White papers 2000-10-11
Methodology for Web Presence strategy formulation: A Case Study
The objective of this paper is to identify how a specific methodology of strategy formulation for the Internet addresses the Business Model concept. The Business Model concept is seen as a basis for understanding and exploiting the value creation potential generated by the Internet technological platform (ITP). The main possibilities...
Tags: Internet, strategy, network
White papers 2004-06-21
International Strategy
Before implementing an international strategy, an organization must identify the international opportunities, explore resources and capabilities, and utilize core competencies. The process will result in the strategic competitiveness outcomes viz. better performance and innovation. The management problems and risks can also be encountered with the successful implementation of international strategy....
Tags: Strategy, Thomson Corp., international strategy, core competency, performance
Presentations 2003-01-01
The Marketing Scenario: A Reality Check On Your Marketing Strategy
Marketing strategy is the action-plan towards maximization of the marketing mix of the organization for achieving success in a particular market segment. Marketing Scenario (MS) is a practical tool that facilitates the formulation of a winning marketing strategy. MS translates the marketing strategy to simple, everyday language. The paper examines...
Tags: Marketing research, MarketingProfs, marketing strategy, marketing, tool
White papers 2003-11-25
Development strategy formulation for Artisan Craft Promotion - The Effective Promotion for Regional Development in Developing Countries: Part II
Proposed methodologies for the formulation of development strategy for artisan craft promotion needs careful verification as to whether they are applicable and effective in the given socio-economic environment. The paper firstly examines the required policies and expediency of a development master plan. Then, it investigates various functions of support institutions...
Tags: Branding, formulation, brand name, developing country, business development, brand, environment, strategy
White papers 2005-04-09
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