Tuesday 18 August 2009

strategy explained

it's nice when you come to the end of a long day and you find a quote that just nails it...

"The Japanese don’t use the term “strategy” to describe a crisp business definition or competitive master plan. They think more in terms of “strategic accommodation,” or “adaptive persistence,” underscoring their belief that corporate direction evolves from an incremental adjustment to unfolding events. Rarely, in their view, does one leader (or a strategic planning group) produce a bold strategy that guides a firm unerringly. Far more frequently, the input is from below. It is this ability of an organisation to move information and ideas from the bottom to the top and back again in continuous dialogue that the Japanese value above all things. As this dialogue is pursued, what in hindsight may be “strategy” evolves. In sum, “strategy” is defined as “all the things necessary for the successful functioning of organisation as an adaptive mechanism."

.......Richard T. Pascale (1984). “Perspectives on Strategy: The Real Story Behind Honda’s Success," California Management Review

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