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Discuss one of the two following questions:
(Make sure to provide support (secondary sources) for your responses, with both in-text citations and references.)
If strategic management is a straightforward concept, then why do many firms have difficulty formulating and executing effective strategies? The answers to the DQs should be concise and should not exceed 200 words. Each response must include
at least one outside reference listed at the end of the response and cited within the discussion in proper
APA style. If the source is available on the Internet, the source should be hyperlinked.
Henry Mintzberg’s argument is that strategic management is an artistic endeavor. If he’s right, then what value is there in systematic approaches to strategic planning such as those elaborated in this textbook (and most others)? Please use the sources to answer the post.
Readings & Resources: https://www.youtube.com/watch?v=iuYlGRnC7J8

 

“Struggling with where to start this assignment? Follow this guide to tackle your assignment easily!”

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Step-by-Step Guide to Writing Your Response

Step 1: Introduction

• Objective: Start by briefly introducing the concept of strategic management and the challenges firms face in executing strategies.

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Step 2: Provide Evidence for the Difficulty in Strategy Execution

• How to Proceed:
  • Mention how the dynamic business environment and internal factors like leadership and culture make it difficult for firms to execute strategies effectively.
  • Use secondary sources such as academic articles or books to support your claims.

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Step 3: Address Mintzberg’s View on Strategy as an Artistic Endeavor

• What to Include:
  • Discuss Henry Mintzberg’s view of strategy as an art form, highlighting the need for flexibility and creativity.
  • Contrast this with systematic strategic planning approaches.

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Step 4: Conclusion

• How to Conclude:
  • Summarize why firms struggle with strategy formulation and execution and the importance of a flexible approach.
  • Reflect on the value of systematic approaches to strategy despite Mintzberg’s artistic view.

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This structured approach will help you craft a concise and well-supported response. Best of luck with your discussion!

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