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Emergence Essay Topics & Paper Examples

Mintzberg’s Concept of 5 Ps

Evaluate the contribution of Mintzberg’s concept of 5 Ps for strategic thinking, illustrating your answer with appropriate examples. Mintzberg (1989) has suggested the 10 different schools of thought for strategy. In the 10 schools of thoughts, they are categorized into two major approaches to strategy; one is the Prescriptive approach while another is the Descriptive approach. The Prescriptive approach focusses on the formulation of strategy in intended manner while the Descriptive approach views strategy on the basis which they were form, one of the ways is to analyse an emerging pattern based upon the intended strategies. In order to define strategy in detail, Mintzberg (1987a) state that strategies have to be defined in different ways as to achieve full comprehension…

Strategy development processes – summary

Intended strategy is deliberately formulated or planned by managers. This may be the result of strategic leadership, strategic planning or sometimes the external imposition of strategy deliberately formulated elsewhere. 12. 2. 1 Strategic leadership: the role of vision and command An organisation’s strategy may be influenced by strategic leaders: whose personality, position or reputation gives them dominance over the strategy development process. Strategic leadership as command The strategy of an organisation might be dictated by an individual. This is, perhaps, most evident in owner-managed small firms, where that individual is in direct control of all aspects of the business. Strategic leadership as vision It could be that a strategic leader determines or is associated with an overall vision, mission, or…