Strategy & Using Analytical Tools
Mintzberg (1985) offered that strategy as a “pattern in a stream of decisions”
As identified by Mintzberg (1987) there are a host of reasons as to why organisations need strategy: setting direction; focusing effort; gaining agreement; defining the organisation; providing consistency and distraction avoidance. Strategy needs to be linked with the long term direction of the company, as strategic decisions are normally made with the goal to achieve competitive advantage over competitors as an end result, furthermore strategic decisions will More