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NCS Session 3 Formulating & Crafting Strategy Amar KJR Nayak , Ph.D.

NCS Session 3 Formulating & Crafting Strategy Amar KJR Nayak , Ph.D. Strategy Formulation. How are strategies formed? Are strategies planned? Do strategies evolve? How are strategies executed? . Formulating Strategy. SWOT Analysis Strength Weakness Opportunity / Need

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NCS Session 3 Formulating & Crafting Strategy Amar KJR Nayak , Ph.D.

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  1. NCS Session 3 Formulating & Crafting Strategy Amar KJR Nayak, Ph.D.

  2. Strategy Formulation How are strategies formed? Are strategies planned? Do strategies evolve? How are strategies executed?

  3. Formulating Strategy SWOT Analysis Strength Weakness Opportunity / Need Threat / Challenge-Asymmetry Vision-Mission-Objective <SWOT> Strategy Deliberate Strategy

  4. Characteristics of SF Strategy as a Plan Planner & Visionary Analytic in nature, based on decomposition Managing Stability not change Continuity Control -Less Flexibility Formal Planning Strategic Planning: program a strategy already created

  5. Crafting Strategy The potter parallel Consistency in past behavior – a pattern in action Pattern recognizer: Sharp mind & keen observation Senses more than analyzes Rich in tacit knowledge Continuously Learning & Listening Flexibility over control Process of Synthesis Emergent Strategy

  6. Strategy in Reality Reality of larger Organization Umbrella Strategy (deliberate in guidelines & emergent in specifics) Strange routes (error becomes opportunities & weakness stimulate creativity) Deliberately Emergent – Process Strategy (design of structure, staffing, procedures, etc ) Quantum Leaps – Creative Destruction

  7. Basics of Crafting Strategy Intimate connection between thought & action Ability to detect emerging patterns Detecting discontinuities Peripheral Vision Action Research Lively Person

  8. Effective Strategy Natural Synthesis of the Future, Present & Past Dedication, Experience, Involvement , personal touch, mastery of details, a sense of harmony & integration Deeper Engagement with the Reality (in the context of growing superficiality)

  9. THE DIVIDED LINEPLATO KNOWLEDGE INTANGIBLE WORLD VISIBLE WORLD OPINION Source: T.Z. Lavine (1984), From Socrates to Sartre: The Philosophic Quest. Bantam Books.

  10. PROMPTED NOT PROMPTED Familiar Not Familiar

  11. Deeper Engagement in Reality(In the light of Globalization of Superficiality)Creative & Sustainable Patterns can EmergeSubject toThe Logic, Language and Values of a System

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