Summary of Strategy as a Revolution
By: Hamel Gary
Harvard Business Review, Jul/ Aug96, Vol.74, Issue 4
1. What are the main issues addressed in the article?
Hamel's central thesis is that strategy development must be seen as a revolutionary action within an organization and goes onto list 10 attributes of such an action. His premise is that revolution is what is required in an age when incremental change is not enough to secure a position in the market place. Radical views are what are needed in order to find and establish new marketplaces. He uses examples such as The Body Shop, Ikea, and Dell.
The attributes for strategy can be summarized as imagination, subversion and power to the people. Essentially these summarized the
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They must see what argument is needed and develop their ability to press it. Facilitation means that they will be able to guide and manage groups as their plan is worked out and put into operation. Corporate surveillance means they understand the power structure of the company, the depth and limitations of management, and the management perception of problems such as what it worries about, what keeps it awake at night, and what it would change once the advantages of change are explained to them.
3. How is the article relevant to the course and to the subject of strategic management?
Recent developments in existing industries along with trends in nascent disciplines such as nanotechnology, genetics, and biomechanics indicate that organizations must develop a high "capacity for change and rapid learning" in order to create a sustainable competitive advantage.In a global marketplace, organizations must evolve with the changing conditions and develop strategies that capitalize on emerging opportunities to establish or maintain leadership positions. By examining the successes and failures of industry giants, forward-thinking executives are likely to recognize the importance of unleashing the power of innovation and imagination to develop a high degree of adaptability. With corporate agility emerging as a prerequisite for success, this article attempts to provide a strategic framework that allows
1. Read `Spotlight on Management` on pages 133-149 and the practice lesson `The Real World` on page 152. Please discuss the following questions in detail. Your response to each question should consist of: a minimum word count of 250 words and at least three (3) scholarly sources (1 resource can be the textbook):
Analyze the extent to which these values and purposes were transformed and challenged over time.
Liang Heng and Judith Shapiro's "Son of the Revolution" is a comprehensive story of Liang Heng's life on growing up during the chaotic times of the Chinese revolution. The purpose of this novel was to depict the horrors and hardships of life during the revolution period in china during Mao Zedong's reign. In the beginning of the book, the author portrays that news and ideologies always stated that the government was working for the good of the people of the country. However, as the book unfolds the author reveals that the government is actually exploiting the people through misuse of people's trust. The book also provides insights into the Chinese life during the period of 1954-1978. This 24 year period saw major
This article presents is a critical analysis of the article “Strategy as Revolution” published by Gary Hamel (1996) in Harvard Business Review. The article clarifies the position of the article within the wider debate about the processes of strategy and highlights the main strengths and weaknesses associated with the article.
reviewed. This is analysed by putting the article in to a wider debate about strategy, then
The first step to analyse strategy is to perform a SWOT analysis. As Daft and Marcic (2011) believe “Formulating strategy often begins with an assessment of the internal and external factors that will affect the organisation’s competitive situation.” (Daft and Marcic, 2011, p.155). So this is where I will begin the analysis.
After reading what precisely the article expounds and analyses, revolution stays as the core of strategy. 'The article 'Strategy as Revolution' clarifies the role revolution plays in the markets and declared ten principles to help a company discover revolutionary strategies and put into practice. All the third kinds of companies mentioned in the article have opportunities to reach what they want, however, the different roles determine the market hierarchy. 'In a growing number of industries, innovation is increasingly disrupting existing patterns of competition(Andersen & Strandskov, 2008),' just like what Gary Hamel (2000) said, the simple phrase, 'Familiarity is the enemy'(Chris Lauer , 2008).
(To make a summary of the article while answering the question, the answer directly related to the questions are highlighted )
The paper that I 'm writing will help you to gain information on how Strategic Management and Strategic Competitiveness play hand and hand when dealing with a business. The business that I have chosen to write about is Nike. I have always wanted to know the practices that Nike used to make their business last this long and how have they been so successful. I will explain to you how globalization and technology changes have helped or hurt the company and the major role that it has played. I also plan to construct a plan to see how my corporation could earn above-average returns and increase their gaining potential. I will explain Nike 's vision and mission statement and show how this had allowed them to continue to be one of the most outstanding business in this day and age. In turn, I plan to show how each or stakeholder plays an important role in the success of the corporation.
4. What are the various levels of management, and how do they participate in the process of strategic decision making?
Strategy can be defined as being different from one’s competitors, finding the race to operate and accomplished it. According to Michael Porter (1996), while becoming better at what you do is desirable, it will not benefit you in the long run because it is something other competitors can also do. Strategies for organizations are originally developed by Michael E. Porter in 1979 by introducing the five forces model. A company can identify the industry profitability and attractiveness by analyzing the five forces of Porter (Johnson et al., 2008). And then a reasonable strategy can be set up in line with the strengths and the weakness of an organization is able to create a plan for a stronger position for the organization within its
3. Why is it important for HR management to transform from being primarily administrative and operational to becoming a more strategic contributor?
4. How does this case illustrate how strategic intent needs to be matched by both organizational capability and managerial competence; and show how such
People management consist on prioritising and considering workers, people as the most important resource, as nothing could be achieved without them (Bratton & Gold, 2007). This manner of putting things is persisting with my point of view as I give a lot of importance to the inclusion and wellbeing of the
* Strategy exists in the mind of the leader in the form of a vision of the organization’s future.