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According to the author, strategy formulation and implementation should not be something done once, rather; it should be a journey in which leaders are required to step up and take the mantle of being at the organization’s front. The book is all about being a strategist, and not just the defining of strategy. In this book, the author strives to make the mechanical aspect of coming up with strategies a thing of the past. It is the aim of this book to bring into focus a much deeper meaning into the process of strategy formulation and implementation, by making it into a deeper, much more meaningful process (Montgomery 8).
The author’s analysis of what organizations should do in order to be better is the bottom-up approach. In this approach, the organization is forced to look at itself from a perspective which assists them in identifying what they are good at, in terms of skills, and also the resources available to them. It is only then that they can position their organization, and hope to be better than their competitors. The author is not anxious when it comes down to giving examples of companies that are present in the market, and some of the strategies that they implement in order to be where they are presently.
In the book, and in fact in every business school curriculum, strategy is identified as the most crucial aspect of the organization’s president duty. They are responsible for the company’s course and direction, and are responsible for seeing the company through its journey (Montgomery 9). As the author identifies pioneers in the management field, it is clear that managers and company heads have managed to identify the changes that need to take place in their organizations. They have also come to comprehend the impact different forces, for example; the understanding of strategy formulation and implementation, have on the success of their organizations.
Major learning outcomes Some of the major learning outcomes after reading the book stem from the basic fact that the author thinks of the strategy formulation and implementation process as a revolutionary process. Managers and organization heads have their work cut out for them when it comes down to planning the organization’s present position, as well as their future position. Cynthia Montgomery depicts the process of strategy formulation and implementation as a journey that is continuous, as compared to a one-stop deal that is over once strategies are formulated.
According to the author, organizations are victim to the poor execution and follow-up on the president’s part when it comes down to strategy formulation and implementation (Montgomery 10). Last but not least, another learning outcome is that a strategist’s task is never complete in the organization (Montgomery 33). Trying to achieve and maintain the drive that is based on an organization’s strategy is a challenge to every leader and organization present. Learning from people and inspiring people, organizations have the chance of finding out different and new aspects of the business world.
It is vital to involve all aspects of the organization in everyday business. Failure on the organization’s part to involve each and every party in their thoughts may lead to a failure in the strategy implementation plan, which is what this book seeks to eliminate. Strategists bear the responsibility
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