Strategic Management Coursework Example | Topics and Well Written Essays - 1000 words

Strategic Management - Coursework Example â€Å"Performance consensus† according to the journal is a neutral factor that is crucial to both strategic approaches. The size of the firm, influence of the CEO and uncertain operational environment of the company restrain strategy making approach of the firm. Before settling on any particular strategy, it is important to conduct a cost-benefit-analysis so as to determine the combined possible benefits of both rather than focus on one strategy. Dynamic business world demands that organizations utilize emergent strategy, which makes performance consensus a significant success driver in the implementation thereof. In concurrence with the journal, it is true that utilizing the relevant strategy ensures flexibility of managers. The article facilitates the process of strategy formulation in firms by providing adequate information needed for the entire process. Mintzberg, H 1990, â€Å"The design school: reconsidering the basic premises of strategic management,† Strategic M anagement Journal, Vol. 11, PP 171-195. ... The author critically examines the design school model exposing its strengths and weakness. According to this design, leadership in an organization has the responsibility of determining organizational goals and essential tasks that must be undertaken to achieve the desired position of the firm. In this school of thought, the following premises hold: strategy formulation should be a managed and cognizant process. Second, the main strategist is the CEO, the model used must be straightforward, the strategy should be exclusive, the strategies should be communicated and they become implemented after complete formulation. The authors argue that the design school model is riddled with false assumptions and is often out of context. Both relevant structure and strategy determine organizational success. Despite many criticisms about the design school model, it still remains popular with many organisations and provides useful understanding into managerial concepts and practices. However, it is most likely to be outdated, particularly concerning modern business application. Ansoff, H 1991, â€Å"Critique of Henry Mintzberg's 'The design school: reconsidering the basic premises of strategic management’,† Strategic Management Journal, Vol. 12, PP 449-461. Ansoff in 1991 assessed Mintzberg’s (1990) critique of the ‘design school’ of strategic management based on two conditions: procedural reliability and factual authenticity. In his work, Mintzberg critique lacks both criteria. His own suggestion for the fundamental philosophy of strategic management falls in the same analytical criteria. According to Ansoff, Mintzberg’s clarification lacks methodology and his descriptive as well as prescriptive affirmations are contradictory to the contemporary management practices.

Socrates, Plato, and Aristotle Essay Example | Topics and Well Written Essays - 500 words

Socrates, Plato, and Aristotle - Essay Example Aristotle rejected Plato's notion and brought about the foundation of modern logic, which is syllogism. Aristotle did not accept that something was true just because someone said so. He was interested in why it was true. From Aristotle's complex system of inquiry have evolved the tools of modern logic and empirical study, using both induction and deduction in the material world. To Aristotle, nothing can be more than what it is designed to be. Socrates was the consummate lover of the soul. He abhorred the senses, discounting them as biological demands standing in the way of the attainment of true knowledge. His concern was focused on enlightenment rather than inquiry, since the senses could not be trusted to yield anything unbiased. Plato took these concepts and added the components of mathematics and astronomy as the keys to true knowledge. Plato's love of mathematics, astronomy and geometry led him to believe that the pursuit of these subjects was fundamental to any other instruction. His methods for acquiring knowledge did not include empirical observation; rather, he favored abstract concepts. Aristotle agreed with Plato to a point, but took it a step further in adding the necessity of gathering data and empirical study. He is credited with being the founder of modern methods of scientific research. Socrates held fast to the idea that the highest love is personal