Integrating modes of systems thinking into strategic planning. There is a lack of scientific knowledge and consensus in the area of strategic thinking. Prepare a selection of examples that not just show you know the answer but also the topic and your passion for the. The current management is not possible without strategic thinking. In order to incorporate strategic thinking into planning processes, however, we must recognize three discrete aspects of the process. These elements facilitate ones ability to think strategically. Strategic thinking strategic action consulting case study key benefits through the use of the innovationzone and the technologies it uses, the client was able to sketch different potential scenarios to assess the need to restrategise where necessary, to plan for possible future eventualities. The strategic management of health care organizations, 8th. Learningedges strategic case studies include narratives that facilitate class discussion on management.
Impact of strategic thinking and strategic agility on strategic performance. With this background in mind, consider how strategic thinking and planning is used in the following four case studies. Recognizing that these responses were not sustainable over the longterm, senior. Design thinking and strategic philanthropy case study. The following contain 5 case studies which might help you. Strategic thinking is a knowledge acquisition process that connects and involves every component and department of an organization by defining the direction of the organization, how it construes its strategy into execution, how it reassesses the organizations direction, and then fine tuning its path. Strategic thinking case study 1 nhs leeds energy champions program the scheme 35 energy champions were recruited and trained from services working in fuel poor areas and with the most vulnerable. The author of this theory suggests that firm must be valuable, rare, imperfectly imitable and perfectly non sustainable. Strategic thinking exercise 17 questions to find innovation case studies. There is much to be learned from them that you can use to employ and benefit from strategic thinking in your organization, be it a church, public sector. The first published product of glucks strategy initiative was a 1978 staff paper, the evolution of strategic management.
The purpose of this study is to better understand the concept of strategic thinking. A case study of jordanian insurance industry companies ahmad ali salih middle east university meu college of business administration amman, jordan email. A case study of taiwan energy policy yenyu wu and hwongwen ma graduate institute of environmental engineering, national taiwan university, no. Starbucks corporation, an american company founded in 1971 in seattle, wa, is a premier roaster, marketer and retailer of specialty coffee around world. Top content on exercises and strategic thinking as selected by the business innovation brief community. For each of the following case studies, assume you are employed by a large computer company, with approximately 1,000 employees. One reader asked recently about stretching a senior executive teams thinking during strategic planning. Porters subsequent book, competitive advantage 1985, which resonates more with the resource based view of the firm wernerfelt, 1984, attempts to explain. This study explores the strategic thinking and strategic planning efforts in a. Challenges for integrating strategic environmental. Strategic thinking and, to a lesser extent, strategic planning, are tools the leaders in the case studies in this paper employ to balance the tension of the moment with that of the future. Company did not have a consistent thinking and planning process in place and the quality of strategy differed dramatically across the organization. We were intending a mind shift from static conceptions of strategy toward sense and response, biological systems thus strategy as a dynamic conception.
In the late 1970s, fred gluck led an effort to revitalize mckinseys thinking on strategy while, in parallel, tom peters and robert waterman were leading a similar effort to reinvent the firms thinking on organization. As is the case with ends, means, too, might be very broad or very narrow, and longterm or shortterm. Desire was to create a uniform strategic thinking and. Hcd, initially developed in the context of consumer products and services, is in the early stages of. Strategic management is a broader term than strategy and is a process that includes top managements analysis of the environment in which the organization operates prior to formulat ing a strategy, as well as the plan for implementation and control of the strategy. From a strategic thinking perspective, it seems like the problems are rooted in the patterns and context. Strategic thinking case study 1 winter warmth england. Following is a post on the importance of strategic thinking in an ongoing series of case studies with clients of the workplace coach.
Strategic thinking case study pdf thesis statement for friends. Founded in 1937, electrocomponents plc is the worlds leading high service. This case study focuses on strategic thinking and opportunistic. A company within a rapidly changing industry was stuck in its traditional way of doing business, and was losing share while protecting earnings by continuing to raise prices and reduce expenses. Special thanks is extended to those who participated in the case studies by sharing the details of their strategies. Given all that strategic thinking content, its a good time to update our framework. Impact of strategic thinking and strategic agility on. Typical examination questions for strategic management. This new eighth edition has been fully updated to reflect new insights into strategic thinking, new methods to conceptualize and document critical environmental issues, practical steps for carrying out each of the strategic management processes, industry and management essentials for strategic thinkers, and new case studies for applying the. Tool for strategic thinking case study solution, among the many tools a manager can use for strategic planning, scenario planning stands out for its ability to capture a range of opportunities in rich det. In the case of space science, an advisory committee on space science adcos was set up to guide in planning space science missions. Problem solving and critical thinking refers to the ability to use knowledge, facts, and data to effectively solve problems. A tale of three bins a waste reduction case story through a systems thinking lens a case study produced for sabre holdings by. Tool for strategic thinking case analysis, scenario planning.
Slide deck from a two day workshop on strategic thinking, utilizing hbr case studies on huawei and apple to illustrate the strategic challenges in the global high tech industry. Jenny hoang, mba, dwight collins, phd, and dariush rafinejad, phd. Challenges for integrating strategic environmental assessment to enhance environmental thinking. Studying the effect of strategic thinking on innovation performance. Leilani latimer, senior director, global sustainability initiatives, sabre holdings. Tool for strategic thinking case solution,scenario planning.
Pdf a study of the impact of strategic thinking on the. Exercises and strategic thinking business innovation brief. Strategy is, very simply, an outline of how a business intends to achieve its goals. Critical approaches to strategic management 95 uses economic analysis of market failures to suggest how firms might seek abovenormal profits in less than competitive market segments. Within about ten minutes, using the seventeen questions in this strategic thinking exercise, a group of nine or ten people generated more than seventy possible companies and industries to explore for comparable innovation case studies. Strategic analysis of starbucks corporation 1 introduction. Strategic thinking harnessing icts a canadian first nations experience knet program ricardo ramirez, helen aitkin, rebekah jamieson, don richardson from the executive summary this case study collection concerns the work of knet, a program of keewaytinook okimakanak ko tribal council. This is a case study of how human centered design hcd, also called design thinking, can be integrated with strategic planning to help philanthropists achieve greater impact. The learning is to develop a sensitivity for patterns and context. Conversely, being flexible and process oriented may hinder strategic thinking. Build an organizational competency in strategic thinking. Their input, advice, and lessons learned, both successes and failures, have been incorporated into this document so that we may all apply better strategic management processes in our organizations.
In conjunction with updating our creating a strategic perspective workshop, were sharing both the structure and links to a subset of the relevant brainzooming content underpinning our strategic thinking workshops. The role of the energy champion was agreed locally with clinicians to ensure that this program became part of existing roles and responsibilities. Strategic thinking case study solution and analysis of. Strategic thinking and planning leadership case study. In the case of the supply chain executive above, rather than a blanket cost reduction, she uncovered patterns within her data that identified and. Direct teaching of thinking as a skill cort cognitive research trust thinking. To answer these and other questions, i conducted a study that identified executives. Vrio analysis for strategic thinking case study identified the four main attributes which helps the organization to gain a competitive advantages. The gora case study depicts the dilemma of eliot benchman, the newly ap.
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