«Evaluate the proposition that the weaknesses of formal strategic planning confirm that alternative forms of strategic decisionmaking are more appropriate for organisations that operate in highly uncertain and dynamic environments»

2000-2200 слов эссе на английском языке Требования к работе: PRESENTATION [15%] Selection of Material Balance of answer and Use of References CONTENT [35%] Appropriate content covering core material which may draw from: • Nature of traditional/strategic planning approach; • Benefits/Problems associated with formalised strategic decision-making/emergent strategy • The role of uncertain and dynamic environment. ARGUMENT [25%] Development/evaluation of the proposition in terms of the question set SYNTHESIS/CONCLUSIONS [25%] Highlighting key issues, reaching logical conclusions supported by evidence from the literature References: Textbooks Johnson G, Whittington R and Scholes K., Exploring Corporate Strategy 9th Edition, 2011 - Chapter 12, Chapter 15. Campbell D, Edgar D, Stonehouse G, Business Strategy 3rd Edition, 2011, Palgrave – Chapter 3 Grant, R, Contemporary Strategic Analysis, 8th Edition, 2013, Chapter 1, Chapter 8. Hitt, M, Ireland, D., Hoskisson., Strategic Management: Competitiveness and Globalization, 2010 – Chapter 4 Journal Articles: Chakravarthy B, (1997) ‘A New Strategy Framework for Coping with Turbulence’ Sloan Management Review http://ezproxy.napier.ac.uk:2334/docvi… Courtney, H, Kirkland, J., Viguerie, P. (1997) Strategy under Uncertainty, Harvard Business Review Nov1997 http://www.civ.utoronto.ca/sect/conen… R Falshaw et al (2006) Evidence on Formal Strategic Planning and Company Performance Management Decision 44 1 p9-30; http://www.emeraldinsight.com/Insight… K Glaister and R Falshaw (1999) Strategic Planning: Still Going Strong Long Range Planning 32 1 p107-116 http://www.sciencedirect.com/science?… R Grant (2003) Planning in a Turbulent Environment: Evidence from the Oil Majors Strategic Management Journal 24 p491-517 http://www.jstor.org/stable/20060552 Harrington, D G, Lawton T C, Rajwani T, ‘Embracing and Exploiting Industry Turbulence: The Strategic Transformation of Aer Lingus’ European Management Journal Vol. 23, No. 4, pp. 450–457, 2005 http://www.thomaslawton.com/pdfs/P… Harreld, J. B., O’Reilly, C., Tushman, M.L. (2007) Dynamic Capabilities at IBM: Driving Strategy into Action, California Management Review, 49, (4), 21-43 http://www.business.ulst.ac.uk/intlbusi… McNamara, G., Vaaler, P. and Devers, C., 2003. Same as ever it was: The search for evidence of increasing hypercompetition. Strategic Management Journal, 24 (3), 261-278. http://www.csom.umn.edu/assets/128… H Mintzberg (1994) The Fall and Rise of Strategic Planning Harvard Business Review January/February p107-114; http://staff.neu.edu.tr/~msagsan/files… H Minzberg (1994) Rethinking Strategic Planning Part I: Pitfalls and Fallacies 27 3 p12-21; http://intranet.catie.ac.cr/intranet/pos… T O'Shannassy (1999) Lessons from the Evolution of the Strategy Paradigm School of Management ISSN 1038-7448 No.WP 99/20 http://mams.rmit.edu.au/tw3vg2dqx5n… J Pearce III et al (1987) The Tenuous Link Between Formal Strategic Planning and Financial Performance, Academy of Management Review 12 4 p658-675; http://www.jstor.org/stable/pdfplus/25… J Rudd et al (2008) Strategic Planning and Performance: Extending the Debate Journal of Business Research 61 p 99-108; http://novintarjome.com/wp-content/u… Seet Seng Pun, Managing in Turbulent Environments, ‘Igor Ansoff’s Strategic Success Model’ Singapore Institute of Management http://www.readbag.com/ansoffasia-a… Selsky et al, ‘Contrasting Perspectives on Strategy Making in Hyper Environments’, Organization Studies, Vol. 28, No. 1. (1 January 2007), pp. 71-94. http://research.sabanciuniv.edu/335/1… I Wilson (1998) Strategic Planning for the Millenium: Resolving the Dilemma Long Range Planning 31 4 p507-513; http://www.sciencedirect.com/science/… Wirtz, B., Mathieu, A., Schilke, O. (2007) Strategy in High-Velocity Markets, Vol. 40, (3), Long Range Planning, 295-313 http://www.sciencedirect.com/science/… . NB The majority of these references are available electronically on the module’s Moodle site. Please note that it is not a requirement to consult every reference above but you should make extensive use of academic sources. 16:12