1. What is the single most important thing you learned about business strategy this
term?
I think the single most important think I have learned this semester in regards to
business strategy is the critical importance of understanding your dominant logics. It hasn’t
been a featured topic we have talked about during the semester but at almost every step of
the process towards implementation strategies and after there was a hint about dominant
logics. The reason I think dominant logics are so crucial is because as we have discussed
during the first week of class that our dominant logics will then influence what our strategy
is. We will need to identify our dominant logics if we want to ensure that we are making the
right decisions …show more content…
If you continue to believe this among other
shared assumptions. Sticking with you dominant logics may prevent you from moving
forward in the future. If you begin to get into a routine this makes it even harder to break
out of and realize what you’re doing. Also, by identifying your dominant logics and
challenging them it allows you to recognize new opportunities within your organization
which you have overlooked. Your dominant logics is basically filtering everything and not
allowing you to see everything for all that it is. Overall, dominant logics that become
companywide can be the scariest as no one within the organization will be able to identify
the potential downfalls of the strategic plan they are creating.
2. In the book Built to Last (The End of the Beginning) the authors talk about the idea of
alignment. What do they mean by that term, and how does it relate to strategy
implementation?
What the authors are talking about when they are discussing alignment is how you want
to make sure everyone in the organization is working towards the same goal. They discuss
how this is an ongoing process and that they it’s impossible to achieve complete
term?
I think the single most important think I have learned this semester in regards to
business strategy is the critical importance of understanding your dominant logics. It hasn’t
been a featured topic we have talked about during the semester but at almost every step of
the process towards implementation strategies and after there was a hint about dominant
logics. The reason I think dominant logics are so crucial is because as we have discussed
during the first week of class that our dominant logics will then influence what our strategy
is. We will need to identify our dominant logics if we want to ensure that we are making the
right decisions …show more content…
If you continue to believe this among other
shared assumptions. Sticking with you dominant logics may prevent you from moving
forward in the future. If you begin to get into a routine this makes it even harder to break
out of and realize what you’re doing. Also, by identifying your dominant logics and
challenging them it allows you to recognize new opportunities within your organization
which you have overlooked. Your dominant logics is basically filtering everything and not
allowing you to see everything for all that it is. Overall, dominant logics that become
companywide can be the scariest as no one within the organization will be able to identify
the potential downfalls of the strategic plan they are creating.
2. In the book Built to Last (The End of the Beginning) the authors talk about the idea of
alignment. What do they mean by that term, and how does it relate to strategy
implementation?
What the authors are talking about when they are discussing alignment is how you want
to make sure everyone in the organization is working towards the same goal. They discuss
how this is an ongoing process and that they it’s impossible to achieve complete