A – Z Strategy

A

Ackoff, Russell L: One of the early strategy gurus, Ackoff introduced rigor into strategic planning. In his book, “A concept of corporate planning,” Ackoff mentions that there are some aspects of the future about which we can be virtually certain. Here, companies can pursue commitment planning. There are some aspects of the future about which we cannot be certain, but we can be reasonably sure of what the possibilities are. Here, contingency planning is useful. A good example is planning for a military invasion. Every possibility is identified and analyzed and a suitable action plan prepared, because time is of the essence, once a possibility has become a reality. Finally, there are some aspects of the future, which cannot be anticipated. Here, responsiveness planning can be used, i.e. building flexibility into the organization.
(See Adaptive Planning)

Activity-Based Costing: Activity Based Costing (ABC) increases the accuracy of cost......

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Title: Strategy
Approximate Word Count: 59029
Approximate Pages: 237 (250 words per double-spaced page)

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