1. Identify and discuss common criticisms of the traditional strategic planning

Question

1. Identify and discuss common criticisms of the traditional strategic planning process. Then, explain why it often is useful to view strategy as an emergent process. Finally, explain how modern methods can avoid the faults for which strategic planning is criticized by the authors of your textbook. (Those methods were discussed in Lecture #1.) 15 points

Charles W. L. Hill; Gareth R. Jones; Melissa A. Schilling (2014) Strategic Management: Theory & Cases: An Integrated Approach, 11th Edition; Cengage; Mason, OH; ISBN-10: 1285184491; ISBN-13 9781285184487

Explanation / Answer

The common criticisms of the traditional strategic planning process are:

An emergent strategy is a type of strategy which is developed over time and does not have specific mission and goals. It focuses on the current scenario and deliberately decides the plan of action. As strategy in the traditional setting is focused only on the current scenario, so often strategy is considered as an emergent one.

The modern method of strategic planning is based on results driven approach. Its advantages over the traditional approach are:

http://interactioninstitute.org/emergent-strategy/

https://hbr.org/2009/03/four-fatal-flaws-of-strategic.html

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