Strategy From A Deeper Perspective: Informal Tactics and Schemes in
Strategy From A Deeper Perspective: Informal Tactics and Schemes in
• Competition is as old as history . The rivalry between Esau and Jacob- birthright and
blessing from Isaac. The European conquests portrayed the spirit of competition
among Spain, Portugal, Netherlands and England in colonizing the world.
• The Strategy Timeline
• Informal tactics and schemes in
• Game
• Business
• War
• These tactics and schemes become formal in the form of strategies
HISTORIC STRATEGY
CONCEPT
STRATEGY
TOOL PEOPLE
STRATEGY
• Strategies are plans formulated and implemented with the sole purpose of attaining set
goals and objectives.
• Plans to be executed
• Map to chart
• Path to traverse
• The various modes and unique nuances of strategy may be looked in three perspectives:
• As a CONCEPT
• As a TOOL
• As PEOPLE
STRATEGY
• Intellectual Elasticity(Cont’d)
• For Ohmae, intellectual elasticity can be portrayed in the following situations:
• In launching radical initiatives, strategy is referred to as creativity.
• In identifying the key success factors, strategy may mean inventing additional time, money and effort
in the factors that have the greatest potential to succeed.
• In matching the company’s unique skills to the needs of the customers, strategy is having the
flexibility to study and adopt to the environment, to segmentize, and to concretize improvement
strategies.
• Lastly, strategy is comparing one’s strength with those of the competitors and exploiting the
advantages to build on superiority.
STRATEGY AS MINDSET
• Richard Pascale in his book Managing the Edge, considers strategy as a frame of
mind and an attitude.
• He states that organizations should develop within the system an outlook that is
deliberate and monitored.
• He says, “ Nothing fails like success”. Any cycle of success begins with the firm
coming up with strategic concept, that is, of a product or service.