People with major contributions

    Cards (19)

    • Strategy
      The determination of the basic long term-goals and objectives of an enterprise and the adoption of the courses of action and the allocation of resources necessary for carrying out these goals
    • Strategy
      The pattern of objectives, purpose, goals, and the major policies and plans for achieving these goals stated in such a way so as to define what business the company is in or is to be and the kind of company it is or is to be
    • Corporate strategy

      The common thread among the organisation's activites and product-markets that defines the essential nature of business that the organisation was or planned to be in future
    • Strategy
      A unified, comprehensive and integrated plan designed to assure that the basic objectives of the enterprise are achieved
    • Corporate strategy

      A set of decision-making rules for the guidance of organisational behaviour
    • Strategy
      A pattern in a stream of decisions and actions
    • Intended strategy

      Plans that managers develop
    • Emergent strategy

      Activities that actually happen
    • Strategy
      Developing and communicating the company's unique position, making trade-offs, and forging fit among activities
    • Strategic position

      Based on customer's needs, customer's accessibility, or the assortment of products and services offered by the company
    • Competitive advantage

      Creating a unique proposition by selecting actions distinct from those of its counterparts, or on executing similar activities in distinctive ways
    • Sustainable strategic position
      Creating a fit of activities by trade-off between different activities to ensure that they relate to each other
    • Alfred D Chandler (1962): 'Chandler analysed the dynamic relationships between business environment, organisations and strategy.'
    • Kenneth Andrews (1965): 'Andrew is known for being a part of the group of professors who contributed in developing the subject of Business Policy.'
    • Igor Ansoff (1965): 'Ansoff, explained corporate strategy as: "The common thread among the organisation's activites and product-markets… that defines the essential nature of business that the organisation was or planned to be in future."'
    • William F Glueck (1972): 'Glueck discussed strategy as "a unified, comprehensive and integrated plan designed to assure that the basic objectives of the enterprise are achieved."'
    • Igor Ansoff (1984): 'Ansoff, while contributing to the field of strategic management in 1984, again explained corporate strategy as: "a set of decision-making rules for the guidance of organisational behaviour."'
    • Henry Mintzberg (1987): 'Mintzberg opined that strategies not necessarily arise from logical planning but may also result from what is unplanned.'
    • Michael E Porter (1996): 'The contributions of Porter in the conceptualisation of strategy are valuable. He is known for his ideas on competitive advantage, five forces model, generic strategies and value chain.'