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Exploiting core capabilities that will differentiate the organisation from its competitors
• Perspective: organisation’s shared mindset. The values and beliefs that sum up the organisations overall actions and behaviour. Culture plays a big role
The overall strategy of the organisation should involve parts of all of the above
Strategic Thinking VS Strategic Planning
Strategic planning concern analysis and is the traditional way of doing things,
• Formalising systems and procedures
• Senior Management dominant
• Building long term defensible positions and sustainable advantage.
Henry Ford is the perfect example...
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