Strengths and Weaknesses First of all, this article enlightens companies to deliberate revolutionary strategies and break with conventions. This viewpoint is further developed by Floyd et alwho stress the importance of new ideas in terms of introducing necessary changes into the current business strategy.
But recognizing a strategy that already exists is not enough. This can be done by dramatically extending the strategy franchise. Finally, the management committee was asked to hold all comments during the presentation.
He also shows the impact this revolution is expected to have on business organizations and the culture most importantly Ambachtsheer,pp.
This may be very dangerous for companies to enjoy and therefore he must have suggested means of adding some control on this and ways to regulate it.To some extent, the blue ocean strategy share the same core with revolutionary strategy. But unity without diversity leads to dogma, and diversity without unity results in competing strategy agendas and the fragmentation of resources. Although, the article is associated with several shortcomings discussed above, the validity of the main idea of the article has been proved by real case studies since the time it was written one and half decades ago. The assessment of revolution contributes to appropriately placing the article into a debate whether it is organization or environment driven. Wal-Mart has a clear strategy; so does Federal Express. Generally, the article rethinks the business patterns of But that is not the case in a more open-ended process of strategic discovery. Home Essays Review on 'Strategy as In most companies, strategic orthodoxy has some very powerful defenders: senior managers. If there is to be any hope of industry revolution, the creators of strategy must cast off industrial conventions. A systems perspective of the HRP process: strategy formation-HR planning-implementation of HR action plans A processual perspective of the HRP process-strategy formation-hr planning-HR actions in a two way relationship Key features of SHRP: -a process -directed at meeting current and future needs -progresses through phases from forecasting to developing plans -monitoring and evaluating outcomes and feeding back the results -should be driven by strategic objectives and its purpose to achieve its fulfilment Limitations of HRP definitions: -provides no insight as to what it considers right people or right time -what is meant by term process -the strategic linkage failed to prove a two way relationship -planning refers to the outcomes of the forecasting process Turner, key elements of HRP: -strategic planning strategy formation, environmental scanning, key business issues -demand forecasting what are hr implications on strategy, forecasting for future HR requirements to meet bis. Democracy is not simply about the right to be heard; it is about the opportunity to influence opinion and action. My definition of success in a strategy-creation process is exemplified by an executive committee spending half a day learning something new from a year-old. It is about being impatient and impassioned, informed and involved. For instance, the author recommends top executives to gather the viewpoints of lower rank employees in terms of strategy formulation; however, Hamel fails to highlight the ways these viewpoints can be filtered taking into account the fact that there could be dozens if not hundred ideas and implementing all of them is not practical.
The assessment of revolution contributes to appropriately placing the article into a debate whether it is organization or environment driven. People should have a say in their destiny, a chance to influence the direction of the enterprise to which they devote their energy.
But that is not the case in a more open-ended process of strategic discovery. Perhaps senior managers are reluctant to give up their monopoly on the creation of strategy. But, it is his view that those old management models are no more equipped to resolve the current issues that are arising with the new century.
Therefore, managers have to match the emerging fads in order to maintain their standards on the market, globalization, deregulation and society change Keller,pp.
Based on the article, there are ten key ideas that companies in any given industry should follow to be remembered as revolutionized. It has become fashionable to draw the pyramid with customers at the top and senior managers at the bottom.