Preview

Mintzberg 5 Ps of Strategy

Powerful Essays
Open Document
Open Document
9149 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Mintzberg 5 Ps of Strategy
The Strategy Concept I:
Five Ps for Strategy*
Human nature insists on a definition for every concept. The field of strategic management cannot afford to rely on a single definition of strategy, indeed the word has long been used implicitly in different ways even if it has traditionally been defined formally in only one.
Explicit recognition of multiple definitions can help practitioners and researchers alike to maneuver through this difficult field. Accordingly, this article presents five definitions of strategy-as plan, ploy, pattern, position, and perspective-and considers some of their interrelationships. To almost anyone you care to ask, strategy is a plan-some sort of consciously intended course of action, a guideline (or set of guidelines) to deal with a situation. A kid has a "strategy" to get over a fence, a corporation has one to capture a market. By this definition, strategies have two essential characteristics: they are made in advance of the actions to which they apply, and they are developed consciously and purposefully. (They may, in addition, be stated explicitly, sometimes in formal documents known as "plans," although it need not be taken here as a necessary condition for "strategy as plan.") To Drucker, strategy is "purposeful action"', to Moore "design for action," in essence, "conception preceding actionn2
A host of definitions in a variety of fields reinforce this view. For example: in the military: Strategy is concerned with "draft[ing] the plan of war.. .shap[ing] the individual campaigns and within these, decid[ing] on the individual engagement^."^ in Came Theory: Strategy is "a complete plan: a plan which specifies what choices [the player] will make in every possible ~ituation."~ in management: "Strategy is a unified, comprehensive, and integrated plan.. .designed to ensure that the basic objectives of the enterprise are a c h i e ~ e d . " ~ and in the dictionary: strategy is (among other things) "a plan, method, or



References: (New York, NY: Harper a Row, 1959), pp. 220, 226. 3C.Von Clausewitz, O n War, translated by M. Howard and P. Paret (Princeton, NJ: Princeton University Press, 1976), p J. Von Newmann and 0. Morgenstern, Theory of Games and Economic Behavior (Princeton, NJ: Princeton University Press, 1944), p W E Glueck, Business Policy and StrategicManagement, 3rd Edition (New York, NY: McGraw-Hill, 1980), M.E. Porter, Competitive Strategy: Techniquesfor Analyzing Industries and Competitors (New York, NY: The Free Press, 1980). M.E. Porter, CompetitiveAdvantage: Creating and Sustaining Superior Performance (New York, NY: The Free Press, 1985). T.C. Schelling, The Strategy of Conflict, 2nd Edition (Cambridge,MA: Harvard University Press, 1980). H . Mintzberg, "Research on Strategy-Making," Proceedings after the 32nd Annual Meeting ofthe Academy of Management, Minneapolis, 1972, pp Management Science, 2419 (1978):934-948; H . Mintzberg andJ.A. Waters, "Of Strategies, Deliberate and Emergent," Strategic Management Journal, 613 (1985):257-272. (1983):57-72. Paterson, "An Exploratory Study of the Strategy Construct," Proceedings of the Administrative Sciences Association of Canada Conference, 1981 and Jerome Bruner and his colleagues, H.A. Simon, Administrative Behavior, 2nd Edition (New York, NY: Macmillan, 1957); J.S (New York, NY: Wiley, 1956), pp. 54-55. Quoted in J.B. Quinn, Strategiesfor Change: Logical Incrementalism (Homewood, IL: Richard D. Irwin, 1980), p 1969),p. 264 ff; M. Leontiades,Management Policy, Strategy and Plans (Boston, MA: Little Brown, 1982), p Drucker, op. cit., p. 104, C.L. Jamison, Business Policy (Englewood Cliffs, NJ: Prentice-Hall, 1953); A York, NY: Ronald Press, 1967). P.F. Drucker,Management: Tasks, Responsibilities, Practices (New York, NY: Harper a Row, 1974), p C.W. Hofer and D. Schendel, Strategy Formulation:Analytical Concepts (St. Paul, MN: West Publishing, 1978), p E.H. Bowman, "Epistomology, Corporate Strategy, and Academe," Sloan Management Review, 1512 ( 1974):47.

You May Also Find These Documents Helpful