Business Strategy I 7 Strategy Rules Every Leader Should Know!

According to Pierre Wack, situation planning is about perception, complexity, and subtlety, not about formal evaluation and numbers. The flowchart to the proper provides a course of for classifying a phenomenon as a scenario in the intuitive logics custom. The strategic management discipline originated within the Fifties and Nineteen Sixties. Among the numerous early contributors, the most influential had been Peter Drucker, Philip Selznick, Alfred Chandler, Igor Ansoff, and Bruce Henderson.

“Strategic drift” is a gradual change that occurs so subtly that it’s not seen till it is too late. It is often caused by discontinuities in the business environment. The point where a model new pattern is initiated is called a “strategic inflection point” by Andy Grove. In 1970, Alvin Toffler in Future Shock described a development towards accelerating rates of change. He illustrated how social and technical phenomena had shorter lifespans with every technology, and he questioned society’s …

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