Learning objective
Analyse difficulties of strategic decision making and implementing strategy, including planned versus emergent strategy and strategic drift.
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Topic
Problems with strategy and why strategies fail
Subtopic
Strategy failure and planning
Study support
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Quick explanation
Analyse difficulties of strategic decision making and implementing strategy, including planned versus emergent strategy and strategic drift
- This point belongs to Problems with strategy and why strategies fail, especially Strategy failure and planning.
- You need to be able to analyse difficulties of strategic decision making and implementing strategy, including planned versus emergent strategy and strategic drift.
- The key ideas to know are emergent strategy and strategic drift.
- Use the linked flashcards and practice questions to check recall, then practise applying the idea in an exam-style answer.
Key concepts
Why it matters
This objective helps connect Strategy failure and planning to exam-style questions, flashcards, and revision notes for Problems with strategy and why strategies fail.
Quick student answer
What should an business answer explain about difficulties of strategic decision making and implementing strategy, including planned versus emergent strategy and strategic drift?
Direct answer
For Business, this page helps you revise difficulties of strategic decision making and implementing strategy, including planned versus emergent strategy and strategic drift in Problems with strategy and why strategies fail. Focus on the key terms, the exam command, and a clear answer that matches the question. Key terms to check are Strategy failure and planning and emergent strategy.
Key terms
- Strategy failure and planning: Strategy failure and planning is a Business concept used to analyse Analyse difficulties of strategic decision making and implementing strategy, including planned versus emergent strategy and strategic drift.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
- emergent strategy: emergent strategy should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
- strategic drift: strategic drift affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
- Strategy failure and planning decision: Strategy failure and planning decision has a financial impact when it changes costs, revenue, profit, cash flow, investment return, break-even output or ratio interpretation.
Common trap
Strategy failure and planning common mistake 1: Show the method first, then give the final answer in the required form. Apply this directly to Strategy failure and planning.
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Revision notestopic notes
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Open revision notesRelated learning objectives
- Evaluate strategic performance, strategic planning, contingency planning and crisis management.
Strategy failure and planning