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Topic: Student Questions

The Process Of Strategy In Today's Organisations

Posted by Anonymous on 12/1/2004 at 9:21 AM ET 250 Points
the process of strategy in today's organisations, does one size fits all?
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  • Posted by SRyan ;] on 12/1/2004 at 9:26 AM Member
    This sounds like a homework assignment, so I'm moving your question to the Student category.

    Have you visited the Important Guidelines page? Please go there and read everything, especially ITEM FIVE. It might help you understand how to reframe your question, which you can do by adding your own comments to this thread.

    The answer to your question is NO.

    Shelley ;]
  • Posted on 12/1/2004 at 10:38 PM Accepted
    If you mean the PROCESS for developing strategy, then there IS a similarity across companies and industries. But that's not to say that strategy development is the same for all companies/industries.

    For example, many/most companies like to start with a SWOT analysis, analyzing consumer/customer research, and having in-depth product knowledge/understanding. In that sense the PROCESS is often very similar.

    But that's just the PROCESS. The actual content, and the direction the strategy takes, can be, and usually is, very different from company to company, industry to industry.

    Hope this helps. Follow the good advice given above.
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