ISBN 9788179929261,The Art of Strategy

The Art of Strategy


Ian Wilson



Jaico Publishing House

Publication Year 2008

ISBN 9788179929261

ISBN-10 8179929264


Number of Pages 192 Pages
Language (English)


Strategy - and the planning that created it - has too often failed to deliver its promised results. The reasons for this failure are many and varied, but include an over-reliance on the "next big thing" in strategic methodology, a failure to recognize and deal with the total change that strategy requires in an organization, and an inability to deal with uncertainty. Wilson argues that strategy is a subtle and demanding art, far more than it is a science or a methodology. To succeed in dealing with complex, interacting forces inside and outside the organization, strategy must: -- Deal with the totality of the organization in the context of its total environment (not just one function or one facet of the organization) -- Learn to "harness the power of opposites" (the sometimes conflicting objectives of the organization, e.g., the long term and short term; vision and execution; economic constraints and social responsibility) -- Deal constructively with pervasive uncertainty in its future -- Develop a strategic vision -- Create a culture that fosters a "strategic mindset" throughout the organization. Without constant change and adaptation, a strategy will fail. Continuing success depends, therefore, upon constant learning from customers, competitors, changes in our environment, and our own mistakes.