tag:blogger.com,1999:blog-7790648712079591257.post1806179015739131106..comments2023-12-25T02:28:46.982-08:00Comments on Strategy Musings: A Behavioral Model of Strategycb@strategyhttp://www.blogger.com/profile/08830361140191018158noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7790648712079591257.post-15738939303415293322015-03-25T23:41:05.157-07:002015-03-25T23:41:05.157-07:00Full of information!
Institution Building || Facu...Full of information!<br /><br /><a href="http://www.institutionbuilding.com/institution-building-programe.html" rel="nofollow"><i><b>Institution Building</b></i></a> || <a href="http://www.institutionbuilding.com" rel="nofollow"><i><b>Faculty Development Program</b></i></a> || <a href="http://www.institutionbuilding.com/education-leadership-programe.html" rel="nofollow"><i><b>Educational Leadership</b></i></a>Anonymoushttps://www.blogger.com/profile/04234751367646165080noreply@blogger.comtag:blogger.com,1999:blog-7790648712079591257.post-22359496651074145792009-10-04T00:15:59.671-07:002009-10-04T00:15:59.671-07:00You're welcome and I have a reader's reque...You're welcome and I have a reader's request....In the next installment of Strategy/Mgmt theme, can you please consider elaborating on the risk management facet of a master strategist. As some once said, a good strategist "keeps feet firmly on the ground, with head above in the skies" to highlight the complementary nature of synthesizing present reality and future state to offer a compelling strategic vision (regardless of organization's execution capability and resident governance mechanisms). Successful innovators and competitors are a source of valuable information, however, if you simply imitate them, you run the risk of obsolescence (much like the innovators). On the other hand, ponder intensely over risks and risk mitigation as a part of scenario planning you run the risk of being labeled an alarmist or as someone trapped in an analysis-paralysis mode. Successful strategists will get this right; wonder if the behavioral model of strategy would offer some unique perspectives on this topic.Narayananhttps://www.blogger.com/profile/02795521262546415260noreply@blogger.comtag:blogger.com,1999:blog-7790648712079591257.post-46182933579418785472009-10-02T06:36:45.038-07:002009-10-02T06:36:45.038-07:00It is as dangerous to shackle the master strategis...It is as dangerous to shackle the master strategist as it is to unleash him without controls, especially if the strategist has certain facets of excess more fully described in the blog. The concept of choice architect probably mirrors the phrase "master craftsman" used in the blog. Thank you Narayanan for keeping the spirit of analysis flowing.cb@strategyhttps://www.blogger.com/profile/08830361140191018158noreply@blogger.comtag:blogger.com,1999:blog-7790648712079591257.post-26987770960866376872009-10-02T01:32:24.373-07:002009-10-02T01:32:24.373-07:00A persuasive commentary on the behavior attributes...A persuasive commentary on the behavior attributes of a master strategist. One fundamental assumption that is implicit in this commentary is on the effective translation of strategy to execution by the do-ers. Recent global events leading to the prolonged recession provides a note of caution to strategy professionals. The challenge is magnified several fold if a master strategist is shackled by an errant CEO or an incompetent SBU head; especially in the current resource constrained environment. Perhaps what is needed is a "choice architect" more than a strategist; a concept I borrow from a thought provoking book titled Nudge by Thaler and Sunstein. Choice architects recognize the intrinsic faults of "humans" and by judicious use of incentives, feedback and real time intelligence from the shop floor engineer an ecosystem for a sustainable corporation. This approach combined with strong operations (HR, Finance, Production etc) that fosters a culture of accountability is likely to bridge the gap between strategy and execution better leading to what really matters - RESULTS.Narayananhttps://www.blogger.com/profile/02795521262546415260noreply@blogger.com