Can someone do my Week 4 Discussion plus comments in Strategic Planning for Organizations?
Adam Levine
YesterdayMay 19 at 6:18am
Define and debate the origins and differences between a deliberate strategy and an emergent strategy. How might an emergent strategy help with future strategic planning processes?
The differences in a deliberate and emergent strategy are important to understand because of how a company gets there. When a deliberate strategy is developed it considers the company’s vision and goals are incredibly detailed and is effectively communicated across the organization to maximize the chances of a successful outcome (Manuwa, 2014). Change is inevitable and all organizations must be prepared to adjust course as needed and this is where an emergent strategy takes over. An emergent strategy occurs when something unexpected has happened during the implementation of a strategy (Abraham, 2012). To make strategic planning of the future more effective organizations need to evaluate their ability to adjust to change and react properly. By reviewing past and current emergent strategies, leaders can evaluate how well the deliberate strategy process has worked and how they can better plan to minimize the need and impact of emergent strategies.
Based on the metric options discussed in Chapter 8 of the text, what types of measurement would be appropriate and necessary to support the change when considering the deployment of an emergent strategy? What are the potential consequences for ignoring emergent strategies?
The organization's budget is critical to strategy development. For a strategy to be successful, the company must conduct budget planning to determine how they will spend money to implement different strategies (Abraham, 2012). When emergent strategies are needed additional money will be required to implement them that was not initially planned for when developing the deliberate strategy. If a company ignores an emergent strategy, it may fail as the market around them is constantly changing. An emergent strategy is needed for a company to remain flexible as things change while still allowing the company to have clear goals (Stobierski, 2020). Computer companies need to remain flexible because of the rapid growth in new technology and must innovate to stay ahead of their competitors.
Research and discuss an emergent strategy implemented by an organization and its success or failure.
A great example of a company that successfully used emergent strategies is Netflix. When Netflix launched in 1998 as an online rental service to compete with Blockbuster (What is the Business Model of, 2019). Netflix encountered two problems with its strategic plan, the first was the cost of mailing DVDs and the second was a lack of repeat rentals (What is the Business Model of, 2019). To address these two issues, Netflix used an emergent strategy and shift to an online streaming subscription-based model that they still use today. In 2020, Netflix reported an annual net income of $2.8 billion (Reiff, 2020). This result clearly shows that Netflix took advantage of emerging streaming technology by using an emergent strategy to grow.