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To what extent should Strategy be emergent

   

Added on  2023-06-12

12 Pages3752 Words399 Views
Leadership ManagementLanguages and Culture
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Strategic Management
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To what extent should Strategy be emergent_1

Table of Contents
INTRODUCTION......................................................................................................................3
MAIN BODY.............................................................................................................................4
CONCLUSION..........................................................................................................................9
REFERENCES.........................................................................................................................10
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INTRODUCTION
Strategy is based on the action model that help to describe the business strategy approach,
understand the specific goals and changing circumstances. Several strategies are emerging
after an enterprise carries out a specific action and develop a pattern in its demand of
business. Strategy refers to the long term success of business as it attempts to gain
competitive advantage, diverse expectations of stakeholders and changing enterprise
environment (Hodgkinson & Wright, 2020). In the context of business perspective, it implies
that manager must understand internal as well as external environment to determine strength
or weakness. Under emergent approach, different strategies emerge as business leader to
make an important strategic, operational decision. An effective strategy can be developed,
created and designed through planning method. It is integrated with resource allocation,
functions to meet the specific goals and objectives. The emergent view of strategy should be
considered a set of actions, behaviour and consistent over time. It is important to maintain a
flexibility and giving the better option for individuals, organisations to gain more agile
opportunity. It continued to process allowing for learning, development and adaption for a
business.
A strategy approach should be considered the form of manager’s action in order to achieve
desirable goals and objectives. Moreover, it can be explained the different components set
aside by enterprise to gain the future vision. Strategic management concept can be derived
from the strategy and uses as art of business management. As changing the requirement of
business and ensure that it constantly maintain assessment criteria for success. The
continuous evaluation of enterprise will be changing the strategic plan and effectiveness of
what should be implemented in future success. Different organisations are faced a lot of
unexpected changing environment such as competition, political and economic. Whenever,
an enterprises are implementing a new strategy that needs to be make an effective plan.
Strategy process involved in the different activities which take place in business areas. It
depends on the set of multiple factors that comprise a specific setting for internal and external
context. The use of strategy should be considered the natural outcome of enterprise adopting
appropriate processes, methods to address changing ideas. While strategies can be
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unpredictable, they can provide a better opportunity to understand specific needs of people
and adapt a new situation accordingly. To extent the strategy be emergent means to use of
sufficient strategy plan and discover new approach for goal achievements.
The aim of essay is to understand the concept of emergent strategies and identifying how
strategies useful in business perspectives. Furthermore, it will be identifying the real life
experience through strategy. The documentation will describe the concept of strategy in terms
of different approaches such as strategic inertia, strategic renewal. Furthermore, the essay
will explain challenges, theories and model related to the strategy. Firstly, it seeks to look at
the plan based strategy and evaluating emergent theory. In this essay, it will define the
conceptual terms of strategy, lists of elements, differences between strategic planning and
emergent terms. The documentation will discuss comparison different theories and finding
the best possible solution to employ for enterprise success.
MAIN BODY
The planned strategy refers to the concept of formal control. The leader or manager are
considered the important part of authority where they can express their intension being
precise, clearly. The purpose of planned strategy is to transform better intention and collect
relevant information or data. A specific program can be organised through effective plan to
ensure that everyone participated in strategy planning (Abedi et. al., 2022). For different type
of business strategic process, it is extremely important for enterprise that help to predict it
with better accuracy. For example- companies are putting extra efforts in the resource
allocation, management. It is an essential aspect to find a better options. On the other hand,
planned strategy have not followed in several years and difficult to avoid behaviour conflicts
among people. For example- Mining based companies have already facing behaviour conflict
problem because they do not use planned strategy concept.
The process strategy refers to leadership functions within organisation and identify the best
possible results or outcomes. In this way, companies are unable to predict the environment
condition instead of managing and controlling strategy on different level. Most importantly, it
is needed to focus on the particular boundaries, target the leadership which influence process
strategy indirectly. On the other hand, Managers are controlling the process strategy instead
of handling content approach. As a result, it will be identified the predictable behaviour with
respect to the emergent manner. Different kind of leadership designs are developing by
system approach and perform significant action accordingly.
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