21632 Chapter Notes - Chapter 5: Strategic Management
Culture and Strategy II
Issues of cultural analysis:
-Questions to ask based on the cultural web
-Statements of cultural values
-Pulling it all together
Aspects of strategic management informed by cultural analysis:
-Strategic capabilities
-Strategy development
-Managing strategic change
-Leadership and management style
-Culture and experience
Strategic drift - tendency for strategies to develop incrementally on the basis of historical an
cultural influences, but fail to keep pace with a changing environment.
Reasons for incremental strategic change:
-Alignment with environmental change
-Success of the past
-Experimentation around a theme
Reasons for strategic drift:
-Wariness of change
-Building on familiarity
-Core rigidities
-Relationships become shackles
-Lagged performance effects
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Document Summary
Questions to ask based on the cultural web. Aspects of strategic management informed by cultural analysis: Strategic drift - tendency for strategies to develop incrementally on the basis of historical an cultural in uences, but fail to keep pace with a changing environment. Period of ux - triggered by downturn in performance, often resulting in strategic change with no clear direction, management changes and internal rivalry. Geographically based cultures - organisations culture based on national culture. Recipe - set of assumptions, norms and routines held in common within an organisational eld about the appropriate purposes and strategies of eld members. Transformational change or death - successful strategic change or failure. Gap analysis - compares achieved or projected performance with desired performance. Organisational eld - community of organisations that interact more frequently with one another than with those outside the eld and that have developed a shared meaning system.
