How to develop strategies
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Questions and Answers

What are the three principles based on which developing strategies is a process?

  • Structured, impulsive, reflective
  • Structured, time-consuming, reflexive (correct)
  • Quick, structured, reflexive
  • Spontaneous, structured, reflective

    • When should evaluating and developing new business strategies ideally take place?

  • During the lunch break
  • During the weekly meeting between 10-11 am
  • As part of the daily routine
  • In a dedicated setting, away from daily business (correct)

    • What are the different views that should be analyzed as part of the strategy development process?

  • Personal, professional, and societal views
  • Short-term, mid-term, and long-term views
  • Internal, external, and bigger view (correct)
  • Past, present, and future views

    • What is the purpose of considering a holistic approach to strategy development?

    <p>To have a more impactful outcome</p> Signup and view all the answers

    When should the process of analyzing the starting point and identifying different views take place?

    <p>To begin with</p> Signup and view all the answers

    What is the creative process of developing strategies primarily about?

    <p>Combining gathered factors, potentials, and chances to create ideas and possible scenarios</p> Signup and view all the answers

    According to Mintzberg, what is essential for developing strategies?

    <p>Skills, dedication, involvement, and creativity</p> Signup and view all the answers

    What is a strategy considered to be, according to the text?

    <p>Only a strategy when it is implemented and lived</p> Signup and view all the answers

    What is emphasized as important for entrepreneurs in developing successful strategies?

    <p>Strategic thinking, creativity, and adaptability</p> Signup and view all the answers

    What does the author provide to support the process of developing strategies?

    <p>A collection of tools and methods, mainly in the analyzing and creating phase</p> Signup and view all the answers

    In the process of developing strategies, when should evaluating and developing new business strategies ideally take place?

    <p>During a workshop or in an exclusive setting, following a structured agenda and moderation</p> Signup and view all the answers

    What is the primary emphasis when analyzing the starting point and identifying different views in strategy development?

    <p>All of the above equally</p> Signup and view all the answers

    What is the process of developing strategies based on?

    <p>Structured, time-consuming, and reflexive principles</p> Signup and view all the answers

    When should strategic thinking as a mindset be internalized in the daily routine?

    <p>As a mindset to be internalized in daily routine</p> Signup and view all the answers

    What is the impact of considering a more holistic view of the present and the future in strategy development?

    <p>More impact will be created</p> Signup and view all the answers

    According to Henry Mintzberg, how many perspectives does strategic thinking involve?

    <p>Three perspectives: looking back, seeing from above, and looking beyond</p> Signup and view all the answers

    What does the creative process of developing strategies primarily involve?

    <p>Combining gathered factors, potentials, and chances to create ideas and possible scenarios</p> Signup and view all the answers

    What does Mintzberg compare developing strategies to?

    <p>Crafting, based on skills, dedication, involvement, and creativity</p> Signup and view all the answers

    When is a strategy considered to be a strategy, according to the text?

    <p>When it is implemented and lived, requiring planning, resources, and organizational structure</p> Signup and view all the answers

    What is emphasized as essential in the implementation process of developing strategies?

    <p>Strategic controlling, evaluating the outcome, and making adaptations</p> Signup and view all the answers

    What does strategic thinking involve?

    <p>Considering core competencies, expertise, market dynamics, and stakeholder expectations</p> Signup and view all the answers

    How many perspectives for strategic thinking does Henry Mintzberg identify?

    <p>Seven perspectives</p> Signup and view all the answers

    What does the creative process of developing strategies involve?

    <p>Combining gathered factors, potentials, and chances to create ideas and possible scenarios</p> Signup and view all the answers

    When is a strategy considered as a strategy?

    <p>When it is implemented and lived, requiring planning, resources, and organizational structure</p> Signup and view all the answers

    What does the text emphasize for entrepreneurs in developing successful strategies?

    <p>The importance of strategic thinking, creativity, and adaptability</p> Signup and view all the answers

    What are the three principles that the process of developing strategies is based on?

    <p>The process of developing strategies is based on three principles: it should be structured, it needs time, and it is a reflexive process.</p> Signup and view all the answers

    What are the different kinds of views that should be analyzed when analyzing the starting point in strategy development?

    <p>When analyzing the starting point in strategy development, one should analyze the internal view on oneself and the company, the external view on clients, the market, stakeholders, and the bigger view on the economy and society in general.</p> Signup and view all the answers

    What are some possible questions that may serve as a framework for analyzing and identifying the starting point in strategy development?

    <p>Possible questions for analyzing and identifying the starting point in strategy development include: What is my/our vision? What values do I/we stand for? What topics, challenges, and (social) problems do I/we want to address? What impact do I/we want to achieve? What resources do I/we dispose of?</p> Signup and view all the answers

    Why is it important to take a holistic view of the present and the future in strategy development?

    <p>Taking a holistic view allows for a more comprehensive understanding of the present and the future, leading to a greater impact in strategy development.</p> Signup and view all the answers

    When should the process of evaluating and developing new business strategies ideally take place?

    <p>The process of evaluating and developing new business strategies should ideally take place in a setting separate from the daily routine, such as in a workshop or an exclusive setting, following a structured agenda and moderation, and ideally supported by tools and methods.</p> Signup and view all the answers

    According to Henry Mintzberg, how many perspectives for strategic thinking does he identify?

    <p>Seven perspectives for strategic thinking are identified by Henry Mintzberg.</p> Signup and view all the answers

    What is the role of evaluating and deciding on strategies in the process of developing strategies?

    <p>Evaluating and deciding on strategies involves comparing options with vision, values, and core competencies, as well as assessing feasibility.</p> Signup and view all the answers

    What does the text emphasize for entrepreneurs in developing successful strategies?

    <p>The text emphasizes the importance of strategic thinking, creativity, and adaptability for entrepreneurs in developing successful strategies.</p> Signup and view all the answers

    What is the importance of strategic controlling in the implementation process of strategies?

    <p>Strategic controlling, evaluating the outcome, and making adaptations are essential in the implementation process of developing strategies.</p> Signup and view all the answers

    What valuable tools and methods are provided in the book to support the process of developing strategies?

    <p>The book provides a collection of tools and methods to support the process of developing strategies, mainly in the analyzing and creating phase.</p> Signup and view all the answers

    Study Notes

    Developing Strategies for Creative and Social Entrepreneurs

    • Strategic thinking involves considering core competencies, expertise, market dynamics, and stakeholder expectations.
    • Henry Mintzberg identifies seven perspectives for strategic thinking, including looking back, seeing from above, and looking beyond.
    • The creative process of developing strategies involves combining gathered factors, potentials, and chances to create ideas and possible scenarios.
    • This involves thinking about new areas of expertise, new products and services, and even new organizational structures.
    • Evaluating and deciding on strategies involves comparing options with vision, values, and core competencies, as well as assessing feasibility.
    • Mintzberg compares developing strategies to crafting, based on skills, dedication, involvement, and creativity.
    • A strategy is only a strategy when it is implemented and lived, requiring planning, resources, and organizational structure.
    • Strategic controlling, evaluating the outcome, and making adaptations are essential in the implementation process.
    • The book provides a collection of tools and methods to support the process of developing strategies, mainly in the analyzing and creating phase.
    • The author offers 10 valuable assumptions and tips for developing strategies, proven to apply especially for creative and social entrepreneurs.
    • These assumptions and tips serve as a guidance and framework throughout the process of developing strategies.
    • The text emphasizes the importance of strategic thinking, creativity, and adaptability for entrepreneurs in developing successful strategies.

    Developing Strategies for Creative and Social Entrepreneurs

    • Strategic thinking involves considering core competencies, expertise, market dynamics, and stakeholder expectations.
    • Henry Mintzberg identifies seven perspectives for strategic thinking, including looking back, seeing from above, and looking beyond.
    • The creative process of developing strategies involves combining gathered factors, potentials, and chances to create ideas and possible scenarios.
    • This involves thinking about new areas of expertise, new products and services, and even new organizational structures.
    • Evaluating and deciding on strategies involves comparing options with vision, values, and core competencies, as well as assessing feasibility.
    • Mintzberg compares developing strategies to crafting, based on skills, dedication, involvement, and creativity.
    • A strategy is only a strategy when it is implemented and lived, requiring planning, resources, and organizational structure.
    • Strategic controlling, evaluating the outcome, and making adaptations are essential in the implementation process.
    • The book provides a collection of tools and methods to support the process of developing strategies, mainly in the analyzing and creating phase.
    • The author offers 10 valuable assumptions and tips for developing strategies, proven to apply especially for creative and social entrepreneurs.
    • These assumptions and tips serve as a guidance and framework throughout the process of developing strategies.
    • The text emphasizes the importance of strategic thinking, creativity, and adaptability for entrepreneurs in developing successful strategies.

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    Description

    Enhance your strategic thinking skills and learn how to develop creative strategies for social entrepreneurship. Understand the importance of core competencies, market dynamics, and stakeholder expectations in the process. Explore key perspectives by Henry Mintzberg and valuable tips to guide you in the strategy development journey.

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