What are the organizational and environmental factors that precede the adoption of a certain strategy – and do environmental factors in particular, as perceived by managers, influence the formulation of strategies? In other words, are strategies limited only by the perception and imagination of a manager?
Content: Article
Authors: Donald L. Lester, John A. Parnell, Michael L. Menefee
Source: ManagementFirst
Subject: Strategy
Authors: Donald L. Lester, John A. Parnell, Michael L. Menefee
Source: ManagementFirst
Subject: Strategy
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discusses the Miles and Snow typology:
Prospectors – perceive an uncertain environment and maintain flexibility·
Defenders – see a stable environment and want stability in operations
Analyzers – stress stability and flexibility, attempt to capitalize on both
Reactors – lack consistency in strategic choice and perform poorly