Strategic Management Coursework Example | Topics and Well Written Essays - 1750 words

Strategic Management - Coursework Example The practitioners are described as blind men and the strategy is labeled as elephant (Adrian, 2000, p.92). The reason behind the labeling is due to complexity of completely understanding strategy. Subsequently, the authors stated that field can be fragmented in to 10 schools of judgments components. Moreover, it is believed that these 10 components help to create virtual vision of strategic beast. According to Volberda and Elfring, school of thought provides vivid explanation about variety of thought of particular examiners which has been preserved and crystallized. Additionally, it is understood as institutionalized paradigm (Armstrong, 2002, p.28). According to Mintzberg, strategy develops over a period of time as meanings accommodate and collide with varying truth. Consequently, one might start and conclude in certain position. Furthermore, this can be achieved by cautious crafted plan. Many other authors along with Henry Mintzberg became the advocate of devil in strategy model. H enry Mintzberg claimed that human beings are not capable enough to comprehend, analyze and understand the job of strategic assessments. Therefore, it is believed that execution of effective strategy is required to be formulated as synthesis and intuitive practices. In the words of Henry Mintzberg, the process of strategic planning is been elaboration, articulation and programming of strategies. First of all, it is vital to know the meaning of strategic management theory.