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Organizational Innovations for Modern Enterprise

15   Strategy Formulation

THE TRUTH: Effective business strategies emerge from coordination, flexibility and responsiveness.

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  When organizations work at developing a coordinated, flexible and responsive posture, effective business strategies simply emerge. Such companies can do much better than companies that work at developing detailed, long-term plans. Remember that the amount of detail with which we illustrate our plans has absolutely nothing to do with the quality or relevance of... ... read the 586 words that used to be in this web article by buying...
 

They say; 'Fail to plan and plan to fail'; which sounds good, except when the unexpected demands flexibility, and rigid control is what you're best at.
... Chapter 15 Excerpt: 'Strategy Formulation'
 
In business, as in any complex human endeavour, people must work together effectively and with common purpose. Giving people in companies a clear understanding of their common purpose, and coordinating their individual activities is a major challenge. Two issues are key here. 1) How will companies develop a common purpose and instil every employee with it? 2) How will the work of individuals be coordinated in step with this common purpose?
 
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