Five strategy Ps
Henri Minzberg
The word 'strategy' is implicitly defined in different ways. Minzberg presents five definitions:
Strategy as plan: A consciously intended course of action, a set of guidelines to deal with a situation. This can be general or very specific.
Strategy as ploy: A specific manoeuvre to pre-empt competitive response. This is basically an attempt to outwit rivals in a competitive situation.
Strategy as pattern: In a stream of actions, consistency in corporate behaviour, whether intended or not. Plans may go unrealised, while patterns may appear without pre-conception.
Strategy as position:Locating an organisation...