Strategic Management Models

Academic Strategy Models

Strategic Management Models

Highlights by David Willden

The right strategic management model can play a critical role in helping you to optimize your efforts. Review the different strategic management models to help you determine the pros and cons of each, and to help you determine what model works best for you in your given situation

Academic Models (Prescriptive)

Academics Models (Descriptive)

  • Cognitive School Strategy Formulation
  • Configuration School Strategy Formation
  • Entrepreneurial School Strategy Formulation
  • Environmental School Strategy Formulation
  • Learning School Strategy Formulation
  • Power School Strategy Formulation
  • Cultural School Strategy Formulation

Business Strategy Models, Tools, and Related Topics

Strategic management or leadership can encompass the whole process of:

  • Identifying goals for the organization
  • Defining strategies that will give the organization a competitive advantage
  • Leading the organization on a day-to-day basis to both achieve the goals and to help everyone reach their full potential

Stephen Haines has outlined charactertics of successful strategic management operations:

  • Continuous/ongoing process with Yearly Strategic Management System and Cycle/review to stay on “track”
  • CEO, line leadership driven/staff supported
  • Start with Future Ideal and work backwards
  • Outcomes measures and action plans set/accountability tracked
  • Execution/change management/customer focus is the goal; single documents of one page each (KISS)
  • Key stakeholder feedback/commitment also (Parallel Process) – “people support what they help create”
  • Strategic change in our roles/behaviors day-to-day
  • Integrated into business units, annual and daily decision-making levels, too, via the glue of core strategies/core values
  • Customer-focused positioning and value-added delivery as the focus for all projects
  • Annual Strategic Review (and Update) each year
  • Future environmental scan/quarterly reviews continuously
  • Focus on strategy, commitment, and buy-in
  • Shared strategies as the glue and organizing forces
  • Customer-focused and values-driven empowerment
  • Strategic Business Redesign (“Watertight Integrity”)

(Source: Haines Center for Strategic Management)

Strategic management often entails identifying the organization’s mission, vision, goals, policies, plans, projects and programs. It also involves defining and allocating resources to manage the organization. Strategic management is also described as an ongoing process of assessing, and managing the business; watching competitors; reassessing each business regularly and determining how to best help it succeed.

The systematic analysis of the factors associated with customers and competitors (the external environment) and the organization itself (the internal environment) to provide the basis for maintaining optimum management practices. The objective of strategic management is to achieve better alignment of corporate policies and strategic priorities.

To learn more about how to apply agile to your strategic planning process, visit “Agile Strategic Planning.”