Article Review - Five Ps for Strategy.

This article talks in regards to the 5 definitions of strategy - as a Plan, Ploy, Pattern, Position and Perspective. It also covers how these interrelationships are considered in the strategic context. In this article, Mintzberg takes on a very different view in regards to strategic management. His Five Ps for Strategy covers: *Strategy as a Plan- It represents strategy as a consciously intended course of action, *Strategy as a Ploy- As it deals with direct …showed first 75 words of 425 total…

…showed last 75 words of 425 total…encompassed in strategizing and it is important to understand them in the strategic process. References: Mintzberg, H. (1996), 'Five Ps for Strategy' in Mintzberg, H. & Quinn, J.B. (eds), 'The Strategy Process: Concepts, Contexts, Cases (3rd edn), Prentice Hall, New Jersey, pp. 10-17 Hubbard, Graham and John Thornton, (2000), 'Strategic Management: Thinking, Analysis and Action: Instructor's Manual', Prentice-Hall, Frenchs Forest. Selznick, Philip (1957), 'Leadership in Administration: A Sociological Interpretation', 3rd Edition, Harper & Row, Evanston.