The Philosophy of Organization Strategy: Critical Area’s for Successful Strategy
Abstract
This article explains how organizational strategy, environment and decisions are made by management of organizations to successfully achieve goals and objectives through building a sustainable competitive advantage by leveraging resources and capabilities. The writer is of the view that the aspect of strategy, environment and decisions in modern day organizations is critical to its long term survival. Through and through, organizations formulates and implement various kinds of strategies that help galvanize its capabilities for competitive advantage. The achievement of objectives and goals that increase trust and cohesion between management and stakeholders is as a result of engendering in a mix of successful formulated and implemented strategies. By using a content or discourse analysis technique through extensive exploration of various literatures concerned with strategy in the ambit of qualitative research methodology, this article has explored and discussed different key areas necessary for the success of any organizational strategy. The external environment and various decisions made in modern organization have also being expounded comprehensively. The study reveals that the key areas raised and discussed in this article are areas were organization strategy is made or broken.
Keywords: strategy, organization, environment, decisions
DOI: 10.7176/PPAR/9-6-08
Publication date:June 30th 2019
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ISSN (Paper)2224-5731 ISSN (Online)2225-0972
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