What are the types of strategic choice
An organization can make a strategic choice to focus recruiting efforts on minorities and women.Over 100 slides free and downloadable as a pdf.Strategic choice is the mental process of selecting the best or most appropriate strategy from the stock of alternatives that serves the enterprise objectives.The model/theory was created because other contemporary models/theories were anchored in industries that were stagnant.Strategic choice typically follows strategic analysis and is based upon the following three elements.
The generic strategy approach 3.The type of strategy you ultimately choose is driven by these factors:The strategic choice cascade sets out five key questions that companies must answer before they can effectively make the right strategic choices.This is an extremely useful tool to use as part of a strategic planning process.Restrictions related to time such as time pressure and decision timing.
It addresses the question where shall we go.Conceptually, i like to bucket new product or service ideas into four categories:Relationship between management power and internal organization.You can only apply the cascade effectively when you make each strategic choice with the goal of winning and not simply.Organizations make strategic decisions regarding the budget for recruiting and selecting employees.