The organizational capacity to cope with unexpected changes remains a fundamental challenge in strategy as global competition and technological innovation increase environmental uncertainty. Conventional strategy-making is often conceived as a sequential linear process where 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. We adopt the principles 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.
|Publication date||Dec 2014|
|Number of pages||11|
|Publication status||Published - Dec 2014|
|Event||SMS Special Conference Sydney: Strategic Management in the Asian Century: Dealing with Dynamism, Diversity and Development - Sydney, Australia|
Duration: 6 Dec 2014 → 8 Dec 2014
|Conference||SMS Special Conference Sydney|
|Period||06/12/2014 → 08/12/2014|