stratigic managment.

stratigic managment. Read the attached text (Master Business Strategy with Tactics from The Art of War). Then answer on the following questions: 1-      In your view, what are the most interesting ideas of Sun Tzu? 2-      Which of Sun Tzu’s teachings are not practical in the today business world? 3-      Do you see an unethical advices in Sun Tzu’ teachings? Master Business Strategy with Tactics from The Art of War # 1. The Laying of Plans, Calculations and Estimations The Book states: befo re any steps are take n, research and plann ing are the key to any venture. My Interpretation? Any blueprint or business plan has to be compil ed with reference to 5 basic points: This strategy handbook proceeds to lay out 7 methods for foreca sting based on your capabilities these factors. In s hort it calls for a SWOT Analysis. Here, it also calls for leaders to adhere to classic principles in Project Management . It advises you to have awareness of your cap abilities and s urroundings, ad just your plans to suit your resources, and track or monitor your operations against possibl e deviation from the original plan. Get back on track as quick ly as possible, he says. Once plans are in operation we h ave to outwit our competition b y not betraying our course and be subtle in our direction. One of the most succinct quotes from t his treatise says: “All warfare is based on deception.” # 2. Waging War – The Challenge The next segment focuses on the importance of decisive behaviou r, correct timing and economy in your actions. Before embarking in any ventures, we can minim ize challenges, conflict and ensuing costs by: ? Focusing on the Logistics of any plan and prevent over-extension of your company’s resources. ? Maintaining organizational Morale and keeping the “Troops” motivated and well resourced. ? Sun Tzu provides us with a clever tip – If you are low on resources and want to save: focus more on exploiting your competitor’s weakness rather than throw ing more cash/resources at the problem. ? Consider the wisdom of having effective Exit strategies in place if something does not work. That reminds me of the (Colin) Powell Doctrine . “ let your main object be victory, not lengthy drawn-out campaigns. “ # 3. Attack by Stratagem or Planning Offensives Here Sun Tzu echoes that old adage, its Not Size but Unity that determines strength and organizational effectiveness . He makes that now-famous quote: “ the skillful leader subdues the en emy’s troops without any fighting” In other words, avoid competing head on and avoid using up reso urces directly against competitors. Aim instead for excellence so that no other organi sation would even dare compete. In short, create a natural Monopoly . How? ? In a business environment, I interpret this as taking the initi ative and being first to market or innovate. Engage a pre-emptive “attack” on your competitors with your superior offering thus demotivating any would-be contenders with your su perior market share. Invent the most innovative product, process, occupy new territo ry or be the first to secure the marketplace. ? Failing that, “Surround them” assuming you have adequate resources to cover the market and try for a Me-too approach. ? If you have insufficient resources, a Divide and Conquer approach maywork. Segment the market or break your problem into parts and attack each ind ividually. ? Failing that – your only option is to meet your (enemy) competi tor head on. In business terms I interpret th is as a potential Price war . ? Failing that you will be forced into a Siege Mentality which is costly for both attacker and the attacked. ? Once you run out of resources, will have to Retreat or drop out of the market – become the victim of shake-out. Sun Tzu also points out ways you can really screw things up as a leader: ? Having insufficient vision and a poor overview of the situation . ? This resultsin using the incorr ect amount of resources or metho ds to meet the right challenges. ? Not being decisive or flexible enough to exploit opportunities – not knowing wh en to act / when not to act Note: Please prepare your text in 2 pages, word format, double space PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT :)