Summary of the course organisation and environment at Radboud University. Made from the lectures, knowledge clips, book and assigned readings:
1) Baum & Dahlin, aspiration performance and railroads' patterns of learning from train wrecks and crashes.
2) Van den Oever & Martin, fishing in trou...
Inhoudsopgave
1) Introduction............................................................................................................................................... 6
Lecture Introduction.............................................................................................................................................6
Ch.1 The strategic management beast................................................................................................................7
Five Ps for strategy..........................................................................................................................................7
Having a strategy.............................................................................................................................................7
2) Design school............................................................................................................................................. 9
Lecture and Ch.2 The design school: strategy formation as a process of conception.........................................9
What is strategy...............................................................................................................................................9
Origin.............................................................................................................................................................10
Characteristics & premises............................................................................................................................10
Process...........................................................................................................................................................11
Strategist........................................................................................................................................................12
Organizational structure................................................................................................................................12
Criticism & limitations....................................................................................................................................12
Contributions.................................................................................................................................................13
3) Planning school........................................................................................................................................ 14
Lecture and Ch.3 The planning school: strategy formation as a formal process...............................................14
Origin.............................................................................................................................................................14
Characteristics & premises............................................................................................................................14
Process...........................................................................................................................................................15
Operational planning.....................................................................................................................................16
Managing the future......................................................................................................................................16
Summary assumptions..................................................................................................................................17
Criticism/limitations......................................................................................................................................18
Contributions.................................................................................................................................................18
4) Positioning school.................................................................................................................................... 19
Lecture and Ch.4 The positioning school: strategy formation as an analytical process....................................19
Origin.............................................................................................................................................................19
Characteristics & premises............................................................................................................................20
Process...........................................................................................................................................................21
Porter’s five forces.........................................................................................................................................21
Porter’s value chain.......................................................................................................................................22
Defending position........................................................................................................................................22
Game theory..................................................................................................................................................23
Summary assumptions..................................................................................................................................24
Criticism/limitations......................................................................................................................................24
Contributions.................................................................................................................................................24
5) Entrepreneurial school............................................................................................................................. 25
Lecture and Ch.5 The entrepreneurial school: strategy formation as a visionary process................................25
Origin.............................................................................................................................................................25
Characteristics & premises............................................................................................................................26
Process...........................................................................................................................................................27
Opportunities.................................................................................................................................................27
Leadership......................................................................................................................................................27
Summary assumptions..................................................................................................................................27
6) Cognitive school....................................................................................................................................... 29
Lecture and Ch.6 The cognitive school: strategy formation as a mental process..............................................29
Key concepts..................................................................................................................................................29
Characteristics & premises............................................................................................................................29
Objective wing...............................................................................................................................................30
Subjective wing..............................................................................................................................................31
The environment...........................................................................................................................................32
Summary assumptions..................................................................................................................................32
Criticism/limitations......................................................................................................................................32
Contributions.................................................................................................................................................33
7) Learning school........................................................................................................................................ 34
Lecture and Ch.7 The learning school: strategy formation as an emergent process.........................................34
Origin.............................................................................................................................................................34
Characteristics & premises............................................................................................................................35
Process...........................................................................................................................................................35
Key aspects....................................................................................................................................................35
Summary assumptions..................................................................................................................................37
Criticism/limitations......................................................................................................................................37
Contributions.................................................................................................................................................37
Baum & Dahlin, aspiration performance...........................................................................................................37
8) Power school........................................................................................................................................... 41
Lecture Power School.........................................................................................................................................41
Limitations & contributions...........................................................................................................................44
Ch.8 The power school: strategy formation as a process of negotiation..........................................................44
Micro power..................................................................................................................................................44
Upper echelons theory: strategic management at the top...........................................................................46
Macro power.................................................................................................................................................46
Premises and critique....................................................................................................................................49
V.d. Oever & Martin, fishing in troubled waters................................................................................................50
9) Cultural school......................................................................................................................................... 52
Lecture................................................................................................................................................................52
Definition of culture.......................................................................................................................................52
Premises.........................................................................................................................................................52
Impact of culture on decision-making...........................................................................................................53
Reciprocal relationship between strategic choices and culture....................................................................53
Strategic change............................................................................................................................................53
Circumvent culture........................................................................................................................................53
Strategic fit.....................................................................................................................................................54
Strategy-as-practice as ‘managerial anthropologist’.....................................................................................54
Culture as strategic resource.........................................................................................................................54
Paradox of culture.........................................................................................................................................55
Limitations & contributions...........................................................................................................................55
Bertels & Howard-Grenville, cultural molding...................................................................................................56
11) Configuration school.............................................................................................................................. 64
Lecture................................................................................................................................................................64
Key uniqueness..............................................................................................................................................64
Premises.........................................................................................................................................................64
Configurations of structure and power.........................................................................................................66
Stages in strategy formation..........................................................................................................................68
Configuration school versus the other schools.............................................................................................68
Lumping strategies.........................................................................................................................................69
Allison (1971).................................................................................................................................................69
Organizational eco-cycle model....................................................................................................................70
What can be changed in an organization......................................................................................................70
Limitations & contributions...........................................................................................................................71
12) Integrating the theories.......................................................................................................................... 72
Lecture................................................................................................................................................................72
Prescriptive schools.......................................................................................................................................72
Descriptive schools........................................................................................................................................72
Central actor..................................................................................................................................................72
How is strategy formed?................................................................................................................................72
How does the organization change...............................................................................................................73
What is most important for each school?.....................................................................................................73
What is the favored form of organization?...................................................................................................73
Are strategies complex or simple?................................................................................................................74
Are strategies a collection of components or tightly integrated?.................................................................74
Are strategies unique or generic...................................................................................................................74
Sequencing the schools.................................................................................................................................75
Simplification from the strategy views..........................................................................................................75
13) Dialogue lecture..................................................................................................................................... 76
Lecture................................................................................................................................................................76
Burgelman’s model of Internal Corporate Venturing (ICV)...........................................................................76
Is striving for a unique strategy more important than pursuing legitimacy?...............................................77
Is the cognitive school just a component of the learning school?................................................................78
Case: organizations that adjust their prices based on their competition.....................................................78
Case: local restaurants starting to deliver food............................................................................................79
Davis & DeWitt, organization theory and the RBV of the firm..........................................................................80
, Configuration school..........................................................................................................................................85
Meating the whole beast...................................................................................................................................85
Practice exam.............................................................................................................................................. 86
Questions............................................................................................................................................................86
Answers..............................................................................................................................................................89
Practice questions from lectures.................................................................................................................. 92
Questions............................................................................................................................................................92
Answers..............................................................................................................................................................99
pag. 4
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Florine98. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.62. You're not tied to anything after your purchase.
