The Ten Key Elements of Strategy

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Elements of The Ten Key Elements of Strategy:

1. Perspectives of strategy
2. Corporate strategy synergy
3. Strategic positioning
4. Strategy creation
5. Implementation and structure
6. Crisis avoiding
7. Resources and opportunities
8. Strategic competency
9. E-V-R congruence
10. Managing paradox

Principle:

Shows 10 strategy elements related to change management

Issues:

1-6 Interdependent   – manage effectively to secure crisis averse

7-10 impact on creation and implementation

1. Past Emergent Patterns, Position and Plans + corporate vs business levels
2. Logic defendable heartland (corporate synergy and organisational position)
3. Activities, competences and capabilities in businesses
4. Visionary, Planned or Emergent strategy creation
5. Organisation securing intent – operation ensuring emergent
6. if 1-5 ok crisis averse but depend on weakness size
7. New opportunity windows and distinct competence and capabilities
8. beyond technological competence and process capabilities
9. congruence of Opportunities and Threats – values – resources  to create change
10. Stance to deal with issues and challenges

Applications:

(Thompson & Martin, 2005)