Topic > henry - 790

Henry Mintzberg came up with five types of strategies in 1988, which strategically can be described as plan, stratagem, pattern, position and perspective. He developed these five types of management strategy into 10 “schools of thought.” This strategy can be a useful scheme for classifying the field of strategic management. Briefly explains each school and gives a comment about it. At this point, you get a great overview of the entire field of strategic management (STRATEGIC MANAGEMENT, 2014), these 10 schools of thought are as follows:1. The School of DesignStrategy formation is a process of conception. It is easy to understand and has its own uniqueness in a designed process. The internal circumstances of the organization are equivalent to the external situations. It helps the organization reduce ambiguity regarding the decision to be made. (ANSOFF, 2014)2. School planningIt is a formal process. In a word, it is elaborated step by step that the organization carries out according to the circumstances of analysis for the execution of the strategy. It helps the organization better understand what it should do. As a result, the organization can control the process flow well and allows resources to be allocated efficiently. (Examining Factors Influencing Successful Strategic Management, 2014)3. The positioning school is an analytical process. The company will be placed in the context of its industry and see what can be done by the organization to improve its positioning within the industry. It helps the organization run its business in a more standardized way. It is very useful in the initial stage of strategy development.4. Entrepreneurial schoolIt is a visionary process focused on the CEO. It......middle of paper......NSOFF, H. (2014). DESIGN CRITIQUE BY HENRYM INTZBERG. Journal of Strategic Management, 449-461. Examination of factors influencing successful strategic management. (23 MARCH 2014). Retrieved from UKESSAYS: WWW.UKESSAYS.COMHENRY MINTZBERG. (2014, February 10). Retrieved from WIKIPEDIA THE FREE ENCYCLOPEDIA: http://en.wikipedia.org/Mintzberg's Ten Schools of Thought about Strategy Formation. (2014, 03 25). Retrieved from 12manage: WWW.12MANAGE.COMMoore, K. (2012, March 21). Porters and Mintzberg, whose vision of strategy is the most relevant today. Retrieved from Forbes: WWW.FORBES.COmPELLING, N. (2004). The ten schools of Mintzberg. KINGSTON UNIVERSITY BUSINESS SCHOOL, SURREY, UK, 62-84. STRATEGIC MANAGEMENT. (2014, 04 23). Extracted from WIKIPEDIA THE FREE ENCYCLOPEDIA: WWW.WIKIPEDIA.COMTEN SCHOOLS OF THOUGHT. (2014, 03 23). Retrieved from 12 MANAGE: WWW.12MANAGE.COM