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Summary SMOO Strategic Management Paradox & solutions £5.99   Add to cart

Summary

Summary SMOO Strategic Management Paradox & solutions

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Een overzicht van alle paradoxen uit het boek "Strategy An International Perspective, 7th Edition" door De Wit. Houdt in de verschillende paradoxen en de manieren van oplossen. An overview of all paradoxes from the book "Strategy An International Perspective, 7th Edition" by De Wit. Contains all...

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  • January 22, 2023
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  • 2022/2023
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Possible ways of managing paradoxes


Navigating Focus on one contradiction at a time, temporal separation

Parallel processing Split the paradox up, so different departments can handle a different
aspect of it - spatial separation

Juxtaposing Constant managing of both sides, this is often done by managers

Balancing Dynamic capabilities, dynamic balance, trade-off

Resolving Reach a balance at a higher level

Embracing Use the tension, exploit it, can lead to more creativity


The paradoxes we care about


Strategy topic Strategy paradox Strategy perspective

Strategising Logic vs intuition Analytic vs holistic reasoning

Mission & vision Profitability vs responsibility Shareholder vs stakeholder

Business level strategy Markets vs resources Inside-out vs Outside-in

Network level strategy Competition vs collaboration Discrete vs embedded

Strategic innovation Exploitation vs exploration Strategic improvement vs radical
rejuvenation


The solutions/ways to manage them


Strategising Navigating (mental time-outs to allow for creativity)
Parallel processing (logic and intuition separated into different
departments)
Embracing (get advantages of both by putting them in same team)

Mission & vision Parallel processing (manage shareholders and stakeholders at
different levels and by different people)
Balancing (just do both, make sure we’re always doing sustainable
things as well as just making money)
Resolving (CSV)

Business level Parallel processing (Different departments work on markets (sales
strategy managers) while others work on resource leveraging (R&D))
Juxtaposing (Dynamic capabilities* allow them to manage the
paradox at the same time at different levels)

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