Monday, June 17, 2019
Critical Review of Strategic Thinking Paradigms Assignment
Critical Review of Strategic Thinking Paradigms - Assignment ExampleBasically SM is a profound concept that involves organizational planning and agonistical integration of a system. It is a peculiar concept that requires detailed and comprehensive understanding.This paper is bringing insight on two of the most important texts in strategicalal management. It may include the review of the Kaufman, Greiner and Cummings works regarding strategic management themes and perspectives. The paper presents the contrasting and differentiating views of the literature, in order to find novel practices of strategic management.In the 21st century world, a precise change has been experienced by organizations. This change involves vulnerability, risk and competitiveness due to the large number of trade players present. Technology has a crucial role in settling this impulsive change, which has made the environment of business competitive and risk-oriented. In this vulnerable environment, a refresh ing type of strategic planning is demanded as proposed by Greiner and Cummings in their text. The authors deliberately propose novel strategic planning, which is different from the so-called formal strategic frameworks. This new strategic framework is a proactive one, definitely not the idle one as the old ones used to be merely highly receptive and responsive to the changing business environment. It is a dynamic strategic planning system, which authors propose as an alternative to the conventional strategic system. As organizations are dynamic today so the need is to incorporate this dynamic strategic system (Greiner & Cummings, 2009).Kaufman in contrast to Cummings and Greiner proposes a pragmatic strategic model. This model collaborates the new and the old conventional frameworks of strategic planning. The author thinks that old models are useful, as they set the baseline to form the new models of strategic planning. The need is to join the old techniques
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