strategy according to henry mintzberg
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MintzbergTRANSCRIPT
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Strategyaccording toHenry MintzbergBusiness StrategyBusiness & AdministrationThe University of Winnipeg
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The Strategy Concept I:Five Ps for Strategy, California Management Review Vol. XXX, No.1, Fall 1987
Henry MintzbergMcGill University
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Strategy can mean aPlanConscious, purposeful consideration in advance of future actions.
Strategy => future actions
Does that mean any plan is a strategy?
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What makes a planstrategic
The time horizon it covers?
Its purpose?
The type of future actions it covers?
The type of choices it implies?
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Strategy can mean aPloyShort-term specific plan designed to achieve a specific (usually competitive) result
For example, a negotiation strategy
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Strategy can mean a Pattern!Consistency whether intended or not in a pattern of past actions!
Past actions => implicit strategy!
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Strategies are both plans for the futureand patterns from the past- Henry Mintzberg, Crafting StrategyHarvard Business Review, July-August, 1987
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Planning and RealizationStrategies as plans are not always realized
Realized strategies are not always the result of a plan!
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Strategy can mean a PositionOrganizations relationship to its environment (markets and competitors)What an organization stands for, wants to become, or just is
Air Canada Canadas National AirlineAmazon.com the Internet-retailing portalWal-Mart the lowest price place to buy things
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Strategy can be a PerspectiveAn organization-wide view of the organization itself and how the world around it works
For example:The University of Winnipeg is a liberal arts institution.Access and Excellence are compatible goals.
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Interrelating the Five PsAn emerging Pattern can be recognized, and formalized into a Plan for the futureStrategy as Plan or Pattern can lead to a Strategy as Position and / or PerspectiveA sequence of Ploys can become a Pattern
Perspective can constrain all the others
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The Strategy Concept II:Another look at why Organizations need Strategies California Management Review Vol. XXX, No.1, Fall 1987
Henry MintzbergMcGill University
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Organizations need Strategiesto Set DirectionStrategy determines where an organization is going
but shouldnt become a straightjacket which precludes interesting side trips!
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Organizations need Strategiesto Focus Effortand promote CoordinationStrategy helps to get everybody on the same page pulling together
but shouldnt preclude individuals from experimenting with new ideas!
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Organizations need Strategiesto Define themselvesStrategy helps to make an organization comprehensible
but can something as complex as a (large) organization really be well understood, especially by those outside it?
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Organizations need Strategiesto Define themselvesBCE Graphic
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Organizations need Strategiesto Provide ConsistencyStrategy helps an organization to make sense of its environment, and protects it against distraction so that it can get on with what it has decided to do
which can be a bad thing if the environment changes!
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In summary..Organizations need Strategies..To set directionTo focus effort and promote coordinationTo define themselvesTo provide consistency
but too much of strategys benefits can be a bad thing!
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Strategy according toHenry MintzbergWhat seems to be the fundamental purpose of an organization in this approach to strategy?
Welcome and Introduce self hereIf Strategy is a plan, does that mean a plan is StrategicTalking to Gary about this seminar.
What is a good strategy for getting people talking to each other.Could use Heather Reismans testimony in front of Competition Board as an example from Globe & Mail, March 14.NEED A GOOD EXAMPLE OF STRATEGY AS PATTERN.