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Essay / Research Paper Abstract
This 8 page paper considers whether or not a stagy is necessary to the success of a business. The writer begins by defining what is meant by stagy before looking a real businesses that have succeeded with traditional strategies and those that have developed successfully by departing from their traditional strategies. The bibliography cites 17 sources.
Page Count:
8 pages (~225 words per page)
File: TS14_TEbstrat.rtf
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Unformatted sample text from the term paper:
get there. This is a saying that means if there are no plans to grow develop and progress then there is little against which any development can be measured. This
concerns the role of goal., yet to there need to be plans in the way that these goals are reached. Therefore, if we are to consider strategy the first the
first factor need to be to define what we mean by strategy. Strategic management is often perceived as a science, requiring careful
consideration of all the facts before a decision is made. The meaning of strategy in business terms is defined by the English dictionary as "A plan of action or policy
in business or politics"(Oxford Concise English Dictionary 1991:1205). Although accurate this can be taken further "Strategic management is synthesis of analysis and planning for value creation and delivery" (Thompson, 1998).
Whatever the definition used logical scientific methods do not always produce the expected results, and it is here that the emergent strategy has been recognised and defined as a viable
reaction to a change in circumstances and this cannot be deemed to be satisfy in the traditional sense, as it is not planned in advance and as such does not
meet with the normal definitions of strategy. Therefore we can look at two different models, one of which embracing and includes the idea of traditional strategic management and the use
of traditional strategy, such as forward planning, projections and the stepped actions meeting the targets that are set. The other needs to be a model where there are developments that
do not meet with the normal strategic criteria, where there is a development that is not planned for. If the question to be
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