Strategic Management Models

Strategic Management Models

The right strategic management model can play a critical role in helping you to optimize results.  Review the different strategic management models to help you determine the pros and cons of different models, and determine what model will works best for your organization.

Academic Models (Prescriptive)

Academics Models (Descriptive)

    • Cognitive School Strategy Formulation
    • Configuration School Strategy Formation
    • Entrepreneurial School Strategy Formulation
    • Environmental School Strategy Formulation
    • Learning School Strategy Formulation
    • Power School Strategy Formulation
    • Cultural School Strategy Formulation

What Strategic Management Encompasses

Strategic management often entails identifying the organization’s mission, vision, goals, policies, plans, projects and programs. It also involves defining and allocating resources to manage the organization. Strategic management is also described as an ongoing process of assessing, and managing the business; watching competitors; reassessing each business regularly and determining how to best help it succeed.

Strategic management or leadership can encompass the whole process of:

    • Identifying goals for the organization
    • Defining strategies that will give the organization a competitive advantage
    • Leading the organization on a day-to-day basis to both achieve the goals and to help everyone reach their full potential

Stephen Haines has outlined charactertics of successful strategic management operations:

    • Continuous/ongoing process with Yearly Strategic Management System and Cycle/review to stay on “track”
    • CEO, line leadership driven/staff supported
    • Start with Future Ideal and work backwards
    • Outcomes measures and action plans set/accountability tracked
    • Execution/change management/customer focus is the goal; single documents of one page each (KISS)
    • Key stakeholder feedback/commitment also (Parallel Process) – “people support what they help create”
    • Strategic change in our roles/behaviors day-to-day
    • Integrated into business units, annual and daily decision-making levels, too, via the glue of core strategies/core values
    • Customer-focused positioning and value-added delivery as the focus for all projects
    • Annual Strategic Review (and Update) each year
    • Future environmental scan/quarterly reviews continuously
    • Focus on strategy, commitment, and buy-in
    • Shared strategies as the glue and organizing forces
    • Customer-focused and values-driven empowerment
    • Strategic Business Redesign (“Watertight Integrity”)

Strategic Management Models