An Integrative Model of Dynamic Strategy-Making: A Yin-Yang Perspective of Central and Peripheral Mechanisms in (Global) Strategy Formation

    Publikation: Working paperForskning

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    Abstrakt

    The organizational capacity to cope with unexpected changes remains a fundamental challenge in strategy as global competition and technological innovation increase environmental uncertainty. Whereas conventional strategy-making often is conceived as a sequential linear process, we see it as a non-linear interaction between top-down and bottom-up mechanisms dealing with multiple actions taken throughout the organization over time. It is driven by intension but with a flexible balance between centralized (planned) and decentralized (spontaneous) activities where strategy formulation and implementation interact. We adopt the frame of complementary Yin-Yang elements and Zhong Yong balance to explain the time bound interaction between these opposing yet complementary strategy-making mechanisms where tradeoffs and synergies are balanced across hierarchical levels. The model outlines how the interaction between top-down and bottom-up mechanisms shape sustainable strategic responses.
    OriginalsprogEngelsk
    Udgivelses stedFrederiksberg
    UdgiverCenter for Global Strategic Responsiveness. CBS
    Antal sider30
    StatusUdgivet - nov. 2014
    NavnCGSR Working Paper Series
    Nummer5

    Emneord

    • Responsiveness
    • Strategy-making
    • Top-down
    • Bottom-up
    • Uncertainty
    • Flexibility
    • Yin-Yang
    • Zhong Yong

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