Learning Activity
1. The “5 P’s of Strategy” discussed in Chapter 1, capture the complexity of defining Strategic Management. Select ONE of the “5 P’s” and explain why you selected that particular concept, i.e., why do you believe it is important to the overall strategic management process, and;
2. Explain whether that particular concept requires more of a perspective of art or science from the strategic leaders point of view.
3. Discuss the concept of "Intended" and "Emergent" strategies relative to the creation and implementation of a strategic plan, and why an Emergent strategy may or may not be problematic for a company. (Provide both scenarios).