Gunn and Williams, 2007 - Strategic Tools
8 important questions on Gunn and Williams, 2007 - Strategic Tools
How can strategic tools be described?
What is according to Whittington (2004) strategy? And what does he conclude from this perspective?
How do strategic tools assist managers in making decisions?
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What are the three main reasons why understanding of strategic tools usage is important?
- It indicates the motivations of managers when using strategic tools;
- It will be suggestive of the dissemination processes (proces of sharing research findings with stakeholders) underpinning the application of tools;
- It assists academics and practitioners in moving away from normative, rational approach to a more humanistic, practice-based approaches to the understanding of tool usage.
What is the distinction that is made by the authors between different types of managers and which tools do they match to these managers? List the 4
- Academically trained managers: theoretically informed tools;
- Professionally trained managers: industry-specifying tools;
- Stakeholder aware managers: stakeholder related tools;
- Competitor aware managers: competition tools.
What are the 3 tools that stand out in terms of their use by all organisations?
- SWOT;
- Benchmarking;
- Critical success factor analysis.
What is important to know when looking at the competitors? Which 2 questions should be asked?
In terms of the SWOT analysis, when a company says it wishes to expand, what is it that the company should have enough in order to make that possible?
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