What an organization will actually do and defines how the vision will be accomplished
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Mission
An unethical organizational climate
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Bad Barrels
Any unplanned strategic initiative, usually bubbles up from the bottom of the
organization and can influence and shape a firm's overall strategy
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Emergent strategy
Begins with a strategic plan, but is more flexible...formulation & implementation across
levels
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Strategy as planned emergence
GAAP and auditing of statements to avoid misrepresentation of financial results
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External-governance mechanisms
Customers, suppliers, alliance partners, creditors, unions, communities, media, and
governments at various levels
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External stakeholders
Helps managers craft and execute a strategy and enhances chances of achieving
superior performance.
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The AFI Strategy Framework
Random events, surprises, coincidences that have an effect on strategic initiatives
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Serendipity
Combination of intended and emergent strategy
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Realized strategy
Proposed that the majority (90-95%) of agents will act in the best interest of
principals, even when not "monitored & controlled". Have given word to principal,
have reputations to maintain, moral actors.
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Mission
An unethical organizational climate
,Give this one a try later!
Bad Barrels
Any unplanned strategic initiative, usually bubbles up from the bottom of the
organization and can influence and shape a firm's overall strategy
Give this one a try later!
Emergent strategy
Begins with a strategic plan, but is more flexible...formulation & implementation across
levels
Give this one a try later!
Strategy as planned emergence
GAAP and auditing of statements to avoid misrepresentation of financial results
Give this one a try later!
External-governance mechanisms
Customers, suppliers, alliance partners, creditors, unions, communities, media, and
governments at various levels
, Give this one a try later!
External stakeholders
Helps managers craft and execute a strategy and enhances chances of achieving
superior performance.
Give this one a try later!
The AFI Strategy Framework
Random events, surprises, coincidences that have an effect on strategic initiatives
Give this one a try later!
Serendipity
Combination of intended and emergent strategy
Give this one a try later!
Realized strategy
Proposed that the majority (90-95%) of agents will act in the best interest of
principals, even when not "monitored & controlled". Have given word to principal,
have reputations to maintain, moral actors.