Saturday, June 24, 2017

New Thinking About the Value of Strategy

During the 1960s and the 1970s, “strategic planning” emerged as the model for corporate planning.

By the 1980s, the value of strategic planning began to be called into question, most notably by Jack Welch, the famous CEO of General Electric. Welch boldly eliminated his once acclaimed planning department, believing it had lost touch with both the organization and the real world.

By the early 1990s, management guru Tom Peters delivered the death blow to strategic planning with his shocking dictum that “Strategic Planning is Dead.” Things were changing too fast for planning. We couldn’t see into the future so why plan for it? Ivory tower thinking clearly could not be implemented. Given their dramatic impact on profitability, “reengineering,” “downsizing,” and “rightsizing” became the rage. Then, as the dot coms emerged, “business models” seemed to be the new strategic wave.

Today, after the failure of the “business-model-as-strategy,” and the optimization of production and efficiency initiatives, strategy is reemerging as high level creative thinking. Today, strategy is the new wave in corporate planning to address the need for growth, profitability, and sustainable competitive advantage.

With rapid change and increasing uncertainty, leaders need new strategies to stay at the front of change and win against competition. Enterprises committed to thinking strategically optimize their ability to shape and leverage change to their advantage. Because neither a business model nor efficiency initiatives can provide a sustainable competitive advantage, wise leaders are re-valuing the role of creative, strategic thinking.

Today the outcome of strategic thinking is no longer a neatly bound plan, written in stone, and placed on the shelf for occasional reference. It is a creative, intelligent readiness, built upon an awareness of market realities, organizational competencies, and brand equities. It is supported with far-sighted vision, strategic flexibility, contingency thinking, and it is situated to change as the changes emerge.

Copyright © 2002 • KLM, Inc. • All Rights Reserved

People in Australia buy more medicaments per man than any other area. The variety of medicines provided by online drugstores is definitely a contributing factor to prescription remedy abuse epidemic. What points people look for when they plan to purchase some medicaments? Ordering medications on the Web can be a best idea, as long as you do it responsibly. Numerous remedies are used to treat Bacterial Conjunctivitis. Many people buy online such medicaments like Cialis. What about free cialis coupon and sexual soundness? Did somebody tell you about free sample? On occasion men are looking for medications to resolve sexual soundness problem. Erectile disfunction can be an early warning sign of grave medicinal problem. Why it happen? What kinds of professionals treat sexual heartiness problems in men? Ask everyone and he will answer that any remedy has side effects. Before buying Cialis or other cure, tell your pharmacist if you have any allergies. This product may contain inactive ingredients, which can cause other problems. Usually online pharmacy which is ready to sell such drugs like Cialis without a valid recipe is fraudulent. When you buy from an unknown web-site, you run the risk of getting faked medicaments.

Print Friendly