Strategic Management
Strategic Management
4th Edition
ISBN: 9781259927621
Author: Frank T. Rothaermel The Nancy and Russell McDonough Chair; Professor of Strategy and Sloan Industry Studies Fellow
Publisher: McGraw-Hill Education
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Chapter 2.4, Problem 1CC
Summary Introduction

Case summary:

The case deals with the role of Person SS at Company F. Company M was the dominant player. Even after four years of trying, Company F was in second place and they could not able to compete with Company M. At that time, Person Z, who is the founder of Company F, hired Person SS from Company G as Chief Operating Officer (COO). She brought business skills to the operations of Company F in which Person Z is lagging. Peon Z is a computer hacker, who brings in the users and Person SS is a renowned for her public policy, sales, and business development, who brings in the money.

To describe: The strategic leadership of Person SS.

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What can you say about the Criticism of Strategic Management? What valuable lesson to learn?      Strategic management may be beneficial in some cases, but they are likely to be ineffective in some of time on other company. There are several aspects of strategic management that have been questioned, and the arguments should be addressed.      According one line of criticism, strategy isn't necessarily developed; it might just happen. The most crucial decisions in a company may not be the huge or abrupt ones, but rather the small and gradual ones. Strategic management is believed to be founded on false assumptions. No matter how careful the executives are, there will always be a gap between their goals and their actions.      According to Mintzberg, 1994, no one understands enough about good strategic management thus, organizational success and failure are influenced by luck. According Miller and Cardinal, 1994, it is still a question that traditional strategic techniques help firm in…
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