Quinn,
James Brian (1978) studied the process of strategic management of
different companies. He found that the strategies of most of the
companies do not come into existence by following any long term plan
or merely positioning an approach or following just the environment
led or resource-based approach. Thus, Quinn, James Brian (1978)
coined the term ‘Logical Incrementalism’ to explain how the
strategies of different companies come into existence in the real
world.
This
approach focuses on the strategic management process that the
strategies are not formed, but they come into existence as some long
term plans which are made once in a while. It tells us about the
strategies that incrementally emerge over time. However, this
incremental way is not random but logical as some of the top managers
make changes and take different strategic decisions as they learn by
implementing small steps. There is a constant evaluation done on all
the decisions that are taken to a realized strategy for businesses.
Strategies
are generally made over a long period of time, and strategists
formulate such strategies by researching, learning, experimenting and
not being tied to any one course of action. The strategic management
process comes out to be scattered, and more focused towards small
steps and unstructured approach. According to Quinn, James Brian
(1978), the realized strategies of different companies are partly
logical and partly random.
This
approach is said to help the companies in a manner that reduced the
risk in strategic decisions. Though, some of its managers might still
focus more on taking short-term decisions. Companies make several
investment decisions more prudently for a strategic decision as they
usually learn things from their past decisions. Managers, on the
other hand, are expected to take their decisions proactively as they
come in terms with results of internal decisions and change according
to the environment. The approach towards developing strategies
involves the managers that are continuously negotiating with
stakeholders to make a valuable consensus for their strategic
decisions.
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