This week, the focus has been on reflecting on different approaches to strategy and the capability of those to utilize existing positions and strengths versus their encouragement of the development of alternative or creative outcomes.
With these thoughts in mind,
- Discuss the role and possibility of creativity in strategy work.
- Outline how strategic managers can combine exploitation with exploration.
- Highlight how, from your own experience, such a mix between efficiency increases and innovation can be established, and how legitimacy can be gained from key stakeholders. Focus on key examples or factors (e.g., only key stakeholders) rather than attempting a comprehensive discussion of your organizational context.
- Try to relate your discussion to the positions and academic readings you have so far encountered in this course.