Discusses levels of success of ten business management theories.
Written in 2002; 3,617 words; 13 sources; MLA; $ 100.95
Paper Summary:
No fewer than ten essential models that have informed the science of business strategy were capsulised recently in a Financial Times of London analysis entitled "Strategy, Blind Men and the Elephant." This paper analyzes the ten major theories that were presented in the article, in an attempt to help a fictional English company - KMI - solve business problems. Some of the questions for which answers are sought in the paper are: How can the company, using suitable and verifiable (within reason) models, analyze its environment and its capabilities; How can that same company then analyze its strategic choices? What implementation tools are available to the same company to put the strategic choices into operation?
From the Paper:
"In Walters? research, he kept running across the terms "flat organization" and "decentralization." It wasn?t until he had fully grasped the concept of strategic thinking that he saw this as a way to help solve some of the problems at KMI. The "flattened organization" was a term that came into vogue in the mid-1990s to describe what Rheingold and others began calling "virtual business". That term refers to the more traditional organizational charts, which were much like a pyramid.
In this classical organization, the president or CEO was at the top, and spread out below him were senior vice presidents who usually had vice presidents beneath them and so on. As the organizations grew in complexity, the charts tended to grow in height, until the CEO was many layers removed from the actual workers."
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