Understanding the Definition of Strategy Formulation.
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The emergent approach to strategy formulation contends that it is best suited to adapt to the uncertainty and complexity that is evident in the external environment as it does not seek to impose structure and rigidity on an entity that is infinitely more complex than itself, but rather attempts to align itself through a mechanism that allows strategy to form in parallel (Mintzberg, 1988). In.
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Strategy Formulation Methodologies Michael S. Scott Morton Sloan School of Management, M.I.T. Premises The topic of formulating a strategy is a hard one to address in a short space of time. Concepts that help with strategy formulation are evolving and information technology itself is changing, so the impact of one on the other is complex. As.
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