Three competing paradigms in strategic management - The rationalist paradigm - The rationalist approach to strategy
7 important questions on Three competing paradigms in strategic management - The rationalist paradigm - The rationalist approach to strategy
What is the starting conept the rat. appr. starts with?
With the concept that there is one right answer.
What does the rationalist strategist do first?
He gives a definition of the organisations "mission".
What is the meaning of setting up objectives?
Linking the mission of the org. with the operational scene, and translate its purpose into a series of operational goals.
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Which example gives Van der Heijden for the objectives?
If the mission is to maximise ROI, then an objective might be to achieve an improvement in profitability of x points next year.
How will the objectives be translated into the organisation?
In order to translate this in operational terms the internal situation must be analysed, including the organisational capabilities and limitations.
What must be taken in account after defining the theory on strategy?
Facing the limitations in practice.
Rationalist strategist are facing limitations like their own intellectual and computer power. They never finish their searching, why is this?
There is a constant doubt about how close they are to the "real" optimum.
The question on the page originate from the summary of the following study material:
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