Modern Strategic Management: Balancing Strategic Thinking and Strategic Planning for Internal and External Stakeholders
Title: Modern Strategic Management: Balancing Strategic Thinking and Strategic Planning for Internal and External Stakeholders
Title: Modern Strategic Management: Balancing Strategic Thinking and Strategic Planning for Internal and External Stakeholders
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Authors: O"Shannassy, Tim
Subject: Strategic Management
Publish: 2003
Status: full text
Source: Singapore Management Review; 2003 1st Half, Vol. 25 Issue 1, p53
پابگاه علمی مدیریت و حسابداری منبع: mba20.blog.ir
Abstract:
The later years of the 20th century were spent searching for new
strategy paradigms as managers and researchers sought to resolve the
intricacies of customising strategy process and content to context. In
particular. this paper builds on a popular view in the strategy
literature that all individuals in the organisation can think
strategically, not just the CEO. In the modern organisation, all staff
are encouraged to demonstrate autonomy and responsibility combining
thought, and analysis, and action. In this context the paper goes on to
explain the interaction of internal and external stakeholders in the
organisation from the board of directors down to line management in an
evolved or sophisticated strategy process. Contemporary definitions of
strategic thinking, strategic planning. and strategic management are
developed
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