Thursday, April 25, 2019
Create a critical review of an article which has made a significant Essay
pee-pee a critical review of an phrase which has made a significant contribution to the field of subscriber line strategy - Essay ExampleDuring the contemporary period, it can be seen that organizations operate in a energising environment that is characterised by various changes much(prenominal) as the use of digital technology in communication. For instance, Bharadwaj et al (2013), states that In a digitally intensive world, firms operate in chore ecosystems that be intricately intertwined such that digital business strategy cannot be conceived independently of the business ecosystem, alliances, partnerships, and competitors. This shows that digital technology has revolutionized the communication decorate and this has a bearing on the operations of any organization. This entails that organizations should also be revolutionary in their strategy formulation in order for them to keep pace with the changes that take place in the environments in which they operate. Since the bus iness environment in which organizations operate is not static, it can be seen that strategy formulation should be an on-going process. ... Strategy is not all about how it is implemented in business but about how intimately it is formulated. A poorly formulated strategy is likely to yield poor resolvents as a result of the fact that it may be difficult to implement in the company. When formulating a strategy, different commonwealth in the organization should be involved in this process since they can also contribute revolutionary ideas. Strengths of the article The main strength of the article is that it highlights the significant of strategizing the company and it also tries to differentiate it from planning. These two concepts are a good deal confused since they are not synonymous. A company that has strategies in place is in a expose position to operate viably since it can revolutionize its operations to meet the changing demands of the environment in which the organizatio ns operate. The former(a) strength of the article is that it clearly states that strategy formulation should not be tied to the aspect of accept since this deprives organizations the opportunity to revolutionize their operations. The other aspect is that organizations operate in dynamic environments that are constantly changing. This entails that the look we think should not be static as well but it should be revolutionary since it helps the people involved to generate new ideas that can revolutionise the operations of the organization. The other strength of the article is that it highlights the weaknesses that are often encountered in strategy formulation. For instance, the some people think that strategy formulation is a remain of senior managers in the company alone. However, this misconception often leads to different
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