Strategic and System Thinking. Practice of a Strategy

Language: English

Published by GRIN Verlag, 2021

3346416852 / 9783346416858

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - Academic Paper from the year 2017 in the subject Business economics - Miscellaneous, grade: 80, University of South Wales (Business School), course: Strategic Systems Thinking, Tools and Techniques, language: English, abstract: This essay serves as a critical appraise of the statement: 'Systems thinking essentially seeks to understand phenomena as a whole formed by the interaction of parts' in relation to changing ideas of strategic thinking. It explains how this statement exists within the author's business approach to strategic management. The key themes addressed consist of an analysis of approaches to strategic thinking, systems thinking, complexity perspective - especially the new ways of thinking about strategy, - complex adaptive systems - especially 'Modelling Complexity', and 'The Practice Perspective'.Today's business environment is complex, dynamic, multi-faceted and the environment has a far- reaching impact. As for other organizations, the author's company's environment is a combination of several factors that surround and affect it. Therefore, the management of such environment requires managers to carry out a careful analysis of the entire environment to have a clear understanding on how to position the firm in the industry based on fitting the strategy to the current business environment.The implication is that business managers should scan both the internal and external environment to adopt /develop strategies that they think will make their businesses successful. One of the biggest breakthroughs in how we understand and guide change in our organizations is systems theory and systems thinking. System thinking and strategic thinking are two interrelated terms that deal with examining patterns and lead to decision-making and the planning for execution at the organizational level.To understand how both strategic and system thinking are used in organizations, it will be clearly defined what systems are. To be able to evaluate strategic system thinking and systems tools in an organization, both strategies and systems need to be explicitly defined. This will also lead to an analysis of the complexity of organizational system.…

Seller Inventory # 9783346416858

Title
Strategic and System Thinking. Practice of a Strategy
Author
Sixbert Sangwa
Publisher
GRIN Verlag
Publication year
2021
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3346416852
ISBN 13
9783346416858
Item weight
45 grams
Dimensions
210x148x2 mm

AHA-BUCH GmbH

Einbeck, Germany

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