The Advantages of Strategic Intent Thinking
Post a 2–3 paragraph response that compares traditional strategic planning to strategic intent thinking. Explain how the concepts are similar and how they are different. Also explain the impact of strategic intent thinking on business strategy. Finally, explain the implications of expanding business strategy to include different types of stakeholders and their viewpoints and relationships. Extend the conversation by identifying implications for practice or research, as well as for your own research agenda, where appropriate. Be sure to integrate one or two new related, and engaging, questions that will extend the discussion about your post in constructive ways. Try to think of a question(s) that will engage your peers in critical analysis and thinking about ExxonMobil Corporation.
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Among the similarities that exist between strategic planning and strategic intent thinking is that they both call for critical thinking and proper analysis in order for organizations to be able to put resources into good use to achieve their objectives. These concepts are different, however, in that while strategic planning puts a lot of emphasis and focus on the resources currently at hand in an organization, strategic intent thinking looks at the resources that are not even currently available in the organization or the goals that cannot be achieved currently in an organization and this encourages innovation…
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