In strategic management, managers often spend a great deal of time discussing vision statements, growth plans, competitive strategies, and market opportunities. Yet, many well-crafted strategies fail during execution. What can be the probable reason? One of the most important reason for this gap be...
One of the most fundamental questions in strategic management is deceptively simple: What business are we in? The way an organisation answers this question shapes its objectives, strategic choices, organisational design, and long-term direction. Derek Abell’s path-breaking analysis provides a struc...
Strategies: Deliberate vs Emergent In business and management, Strategy is often seen as a well charted plan leading directly to the realization of Organization's goals. However, the reality is quite different. Organizations operate in environments that are subject to dynamic changes, and this requi...
Typically, a business can start with a but it must remain flexible enough to recognize the emerging and adapt its as market conditions evolve. A can provide short-term gains, but the ensures long-term alignment with organizational values. Strategy is the core of a business and guides organizations f...
case study: Is Honda overlooking a bigger opportunity in India? Honda’s declining sales in India have raised questions about whether the company has the right strategy for one of the world’s fastest-growing car markets. Despite India’s large and young population, rising incomes, and growing automoti...