WEEK 4: Journal Learning

1) Why is strategy making like a science and why is it also like an art or craft?

• Strategy making is like a science because similar to science while making a strategy experimental work needs to be done. Strategy also uses different tools and rules. Just like science strategy also first formulates and finally implements.
• Strategy making is like an art or craft because it is also all about creativity Strategy is an emerging factor.Similar to art or craft, strategy also involves discussion and group works.,

2) In your own words using referenced quotes describe the difference between intended strategy and  emergent strategy.

• The terms intended strategy refers to one seriously intended kind of strategy.whereas the strategy which just emerges without any work out is emergent strategy.
• Intended strategy are more formal whereas emergent strategy are more informal.
• The strategy made with a plan, structure and exploration before implementing is a intended strategy whereas the strategy made without a specific plan, structure is emergent strategy.

3) Choose two of the 10 schools of strategy thought and describe them in your own words.Try and provide a real world example for each e.g. an organisation or a situation.

1. The Learning School:

In Learning School, certain strategy emerges only after many experiments. This School basically is all about experimenting, and then acting. In this kind of school of strategy one organisation always try to learn from several circumstances and changes. For example: In present context we can take Samsung mobile as the organisation practicing the learning school strategy. We find several models of Samsung smart phones in the market very easily and also in reliable prices. Samsung is basically learning the environment and the minds of people and trying to create something that anyone and everyone can use.

2. The planning School:

In Planning School, they always plans beforehand and then create a strategy and systematically follow it. Here, everything is well planned. Let me take an example of  a Bank, all banks practice the strategy school of Planning. In banks, every activity is well planned and every action takes place accordingly. One never just perform the tasks as they want to.

4) Write about your experience with today's case study. what answers did you give to the questions?

Today's case study was an interesting one. I learned a lot and it was very interesting to know about the facts of Google and also the Google Plex.