Exploring Business Strategic in
various Scholars School of
Thoughts
Students:
• Thiago Resende
• Thang Vu
• Vu Nguyen
Contents
I/ Introduction
Why?
What is School of thoughts in Business Strategy?
Various Scholars
II/ School of thoughts
_Mi...
I/ Introduction
Why do we need to consider the school of thoughts?
⟶Blind Men and the Elephant story
What is school of thoughts?
⟶School of thoughts is a particular idea or set of ideas, held by a specific group
or doctrine...
1. The Design School
2. The Planning School
3. The Positioning School
4. The Entrepreneurial School
5. The Cognitive Schoo...
Three models of strategy – Chaffee
(1985)
Four schools of thoughts – McKiernan
(1996)
The Planning and
Practice School
The Learning
School
The Positioning
School
Th...
Chaffee (1985) x Mintzberg (1998)
Prescriptive Schools
1. The Design School
2. The Planning School
3. The Positioning Scho...
1st - The
Planning and
Practice School
2nd - The
Learning School
3rd - The
Positioning
School
4th - The
Resource-based
Sch...
IV/ Conclusion
 A critical evaluation of the ten schools of
thoughts leads to the conclusion that any
strategic formulati...
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Exploring Business Strategic in various Scholars School of Thoughts

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Exploring Business Strategic in various Scholars School of Thoughts

  1. 1. Exploring Business Strategic in various Scholars School of Thoughts Students: • Thiago Resende • Thang Vu • Vu Nguyen
  2. 2. Contents I/ Introduction Why? What is School of thoughts in Business Strategy? Various Scholars II/ School of thoughts _Minzberg _Charfee _McKermann III/ Comparisons Chafee x Mintzberg McKiernan x Mintzberg IV/ Conclusion
  3. 3. I/ Introduction Why do we need to consider the school of thoughts? ⟶Blind Men and the Elephant story
  4. 4. What is school of thoughts? ⟶School of thoughts is a particular idea or set of ideas, held by a specific group or doctrine. ⟶Any idea that a group strongly believes in, be it through practicing this idea in their everyday life or through fighting for its adoption, can be considered a school of though. ⟶School of though is highly affect how people do business in term of strategic. Various scholars Minztberg -10 schools of thoughts (1998) Chaffee - 3 schools of thoughts (1985) MrKiernan - 4 schools of thoughts (1996) I/ Introduction
  5. 5. 1. The Design School 2. The Planning School 3. The Positioning School 4. The Entrepreneurial School 5. The Cognitive School 6. The Learning School 7. The Power School 8. The Cultural School 9. The Environmental School 10.The Configuration School ⟶Mintzberg model has no evidence of the resource-based view of strategy, where there is an emphasis on capabilities and competencies as the driver of strategy. Hence, this 10 school can be used as body of thinking . Ten Schools of thought - Mintzberg (1998)Prescriptive Schools How strategies should be made 1. The Design School Strategy formation as a process of conception 2. The Planning School Strategy formation as a formal process 3. The Positioning School Strategy formation as an analytical process Descriptive Schools How strategies do get made 1. The Entrepreneurial School Strategy formation as a visionary process 2. The Cognitive School Strategy formation as a mental process 3. The Learning School Strategy formation as an emergent process 4. The Power School Strategy formation as a process of negotiation 5. The Cultural School Strategy formation as a collective process 6. The Environmental School Strategy formation as a reactive process Transformative School An integrative approach to Strategic Change 1. The Configuration School Strategy formation as a process of transformation II/School of thoughts
  6. 6. Three models of strategy – Chaffee (1985)
  7. 7. Four schools of thoughts – McKiernan (1996) The Planning and Practice School The Learning School The Positioning School The Resource- based School Strategy
  8. 8. Chaffee (1985) x Mintzberg (1998) Prescriptive Schools 1. The Design School 2. The Planning School 3. The Positioning School Descriptive Schools 1. The Entrepreneurial School 2. The Cognitive School 3. The Learning School 4. The Power School 5. The Cultural School 6. The Environmental School Transformative School 1. The Configuration School 1st - Linear 2nd - Adaptive 3rd - Interpretive III/ Comparisons
  9. 9. 1st - The Planning and Practice School 2nd - The Learning School 3rd - The Positioning School 4th - The Resource-based School McKiernan (1996) x Mintzberg (1998)
  10. 10. IV/ Conclusion  A critical evaluation of the ten schools of thoughts leads to the conclusion that any strategic formulation process in the real world may include one or more schools of thoughts.  Thus, business strategies in the world of facts are formulated by combining knowledge from various schools of thoughts, making the formation of a hybrid between a strategic, may be provided both cognitive processes conscious, deliberate and analytical-formal, as unconscious, deliberate non-intuitive and informal.

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