Strategy Bites Back CH 1

In Chapter One, several, various authors describe what is in the word: strategy! With a variety of analogies and definitions of strategy, I personally related to John Kay’s article “What is Strategy.” Kay claims that many view strategy as expensive. This view of strategy has arose from the fact that many times consultants are hired to develop a strategy which can result in a costly endeavor. Strategy his also often know to mean important. When the word strategy is through into a business decision or conversation, the action becomes important. The third way that strategy is many times defined is to mean acquisitions and disposals. When a strategy is implemented, in the minds of most, an achievement is desired or sought to be gained. He mentions that although these views of strategy do not define what strategy really is, they are true conceptions that help to define what strategy looks like to the eye.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: