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generate wisdom

  • Lexicon Home [1]
  • About Us [2]

See Also

strategic management activities [3] strategic management [4] create art [5] apply science [6] wage war [7]

Definition

See strategic management activities for explainations of the four stages of strategic management activities --

  • generate wisdom - understand why the organization is the way it is an its trajectory
  • create art -- unleash the imagination
  • apply science -- design the future
  • wage war -- execute


Activities involved in the generate wisdom stage

  • assessment of the current business model
    • comprehensive inquiry
    • identify models - political, mental, business, operational
    • strategic focus inquiry
    • culture inquiry
    • competitive advantage factor assessment
    • conflict identification
    • problem definition
  • assessment of the hypotheses' tests
    • research
    • experiments
    • prototypes
    • initiatives
    • operational performance
  • insight development
    • new perspectives
    • new principles - creative destruction, pluralism, evolutionary algorithm, evolutionary economics, etc.
    • probing questions
    • patterns - profit
    • models - profit
    • incongruity identification
    • opportunity identification
  • skills development
    • systems thinking
    • complexity
    • inquiry


Source URL:https://managingresearchlibrary.org/glossary/generate-wisdom#comment-0

Links
[1] https://managingresearchlibrary.org/knowledge/blog/lexicon [2] https://managingresearchlibrary.org/about [3] https://managingresearchlibrary.org/glossary/strategic-management-activities [4] https://managingresearchlibrary.org/glossary/strategic-management [5] https://managingresearchlibrary.org/glossary/create-art [6] https://managingresearchlibrary.org/glossary/apply-science [7] https://managingresearchlibrary.org/glossary/wage-war