Prahalad and Hamel used "strategic intent" to describe the articulation of a desired leadership position. This implies that:
A)Strategy should focus more on people and less on financial outcomes
B)Strategy should focus on leadership and top managers' skills
C)Strategy should be more about fit and resource allocation, and less about stretch and resource leverage
D)Strategy should be less about fit and resource allocation, and more about stretch and resource leverage

Question

Quizplus · Accepted Answer

Prahalad and Hamel argue that a company's strategic intent should focus on stretch and resource leverage. In other words, the company should aim for an ambitious leadership position and utilize their resources to achieve it, rather than just focusing on fitting into the market and allocating resources accordingly. This approach can lead to more innovation and competitive advantage.

Prahalad and Hamel Used "Strategic Intent" to Describe the Articulation