Analysis Strategy of an Organization from Strategic Intent and Stretch Essay

Analysis Strategy of an system from Strategic Intent and Stretch Perspective - Essay ExampleThe present discussion revolves around, the IT giant, Accentures schema and its execution. doormans studies and contribution towards gaining an understanding and insight into strategy is regarded as highly valuable in contemporary management, and have paved way to the emergence of many businesses that have reached their pinnacle and have managed to detain there one of them being Accenture. Porters studies have identified five main forces of constancy competition, which can be used as the core guide to business management. Porter (2008) ascertains that the industry construction drives competition and profitability irrespective of the age of the business, policies or technology used. This, in other words, accounts for strategy adopt by the industry or business to enter the market, grow and sustain its position. Precisely, strategies help organisations to be cerebrate towards their goals. Accenture is a global organisation that deals with and provides services in consulting, technology and outsourcing, with about 246,000 employees in to a greater extent than degree centigrade countries. Its strategy is to become the worlds leading ships company in the field of consulting, technology and outsourcing by delivering high performance.... they claim, is more often achieved by imitating or copying competitors practices and also just abouttimes partnering with competitors in some way or other to share the profits. They also identified that many businesses actually adopted practices that were beyond mere replication of existing strategies and such businesses not only succeeded but also reached far matured horizons. A good lesson for most of the businesses worldwide, this approach has indeed opened up new ways of smell at business and management. Hamel and Prahalad (1989) refer to this approach or attitude as the strategical innovation, which also indicates a specific a pproach to all strategy formulation and implementation that will help in treading ahead(predicate) in the chosen field of industry. Accentures mission to become the worlds leading company by delivering high performance can be considered as its strategic intent. Harfields (1998) study challenged Porters approach to strategy and strategic management claiming the latters concept to be more of a myth. His study on strategic management based on the linear, adaptive and interpretative approaches provides dimensional view to strategic management. Overall, this extensive study credits Porter for his contribution and on the other flock also claims strategic management to be much more complicated as well as resourceful, which modern management specialists can use for further construction. This anticipated potential gives rise to the concept of strategic intent, which is realized by leaders that really wish to align the actions and beliefs of all employees of an organisation towards one ge neral challenging goal Smith (1994, p.66) refers to such leadership attitude as the Merlin Factor. Strategic intent is a by-product of strategic