An Integrative model of Dynamic Strategy-Making

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An Integrative model of Dynamic Strategy-Making

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Title: An Integrative model of Dynamic Strategy-Making
A Yin-Yang Perspective of Central and Peripheral Mechanisms in (Global) Strategy Formation
Author: Juul Andersen, Torben; Hallin, Carina Antonia; Li, Xin
Abstract: 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.
URI: http://hdl.handle.net/10398/9010
Date: 2014-11-13

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