Schools of Strategy Essay Example | Topics and Well Written Essays - 3250 words

Schools of Strategy - Essay Example Also this school makes chief executive officer as the main formulator of the strategy. The planning school of strategy identifies strategy making as a formal process. It calls for a mechanical and systematic process of strategy formulation with no or little creativity. The cognitive school sees strategy making as a mental process and takes input from different concepts of psychology. This school is largely conceptual in nature. The learning school stresses on learning from past experience and therefore sees strategy making as an emergent process. The power school of strategy argues that negotiating between different power holders within the organization is an important part of strategy formulation. The environmental school sees strategy making as a reactive process that is dependent on the external environment. The cultural school of strategy calls for group work in formulation of strategy. The configuration school of strategy sees strategy making as a process of transformation. The different schools of strategy can be grouped into three larger groups (Mintzberg, Ahlstrand, & Lampel, 2002). First group is prescriptive in nature and consist of design, planning, and positioning school. This group tells how a strategy should ideally be made. Second group tells how the strategy is made and compromises of entrepreneurial, cognitive, learning, power, cultural, and environmental schools. The last group consists of the configuration school that is both prescriptive and descriptive in nature. Design School of Strategy The design school of strategy argues in favor of consciously controlled thought when it comes to strategy making in order to establish a fit between external opportunities and internal competence (Mintzberg, 2006).... This paper stresses that the position school also puts the job of strategy formulation in the hands of expert. Both the schools do not talk about team work and sharing of information when it comes to development of strategy. Centralized approach in strategy making was the mindset for a long time in management. Knowledge sharing was not considered vital until modern modes of communication were developed. This is why both the positioning school and design school view strategy making coming from a centralized source. Design school assumes that environment is stable and predictable, and there is no uncertainty while the positioning school accepts that market place might change due to competitors and change in demand. But both the schools focus on the economic environment. This report makes a conclusion that the design school and the positioning school are two of the schools of strategy presented in the book. The design school became popular in later part of 1950s and focuses on creative strategy formulation by the leader with the aim of creating a fit between the outside environment and the competence of the firm. The positioning school was founded by Michael Porter and it focuses on strategy formulation as an analytical process. This school argues that finding the right industry for the firm is essential and offer model for choosing an industry. Then this school suggests that firm positions itself in the industry and then chooses a strategy relative to the position of the firm.

Mexico Term Paper Example | Topics and Well Written Essays - 3750 words

Mexico - Term Paper Example Since 1920, the country went through various changes and reforms in social, agriculture, and political sectors that molded it into what it is now today. The country’s climate varies considerably from one region to another. While the southern region is mostly a tropical jungle, the northern region of the country is an arid desert. The central plateau is a colder region, particularly during winter. Its highest point is at 18,700 feet and -32 feet is its lowest point. The prevailing climate is tropical or desert. The highest average temperature registered in the capital city is 80˚F during April and every January, the temperature can reach as low as 42.4˚F. In the early 16th century, the country’s regions of advanced Amerindian civilizations became colonies of Spain until the beginning of the 19th century. These include underemployment, unequal distribution of income, and the huge economic gap between the rich and the poor. Further, powerful drug-trafficking organiza tions in Mexico are the country’s major cause of peace and order problems and crimes since 2007. In 2011, Mexico’s economy grew by 3.9%, but it is still susceptible to U.S. business cycle and euro zone crisis. That is when the U.S. suffers another economic downturn or the euro zone crisis spills over, Mexico’s economy will surely be dragged down. On the other hand, if the eurozone crisis is contained and the U.S. economy improves, Mexico will gain benefits from the dynamics of its export-based manufacturing sector.