When considering emergent strategies, it is important for a firm's managers to
A) ensure that the chosen strategies are the result of deliberate plans.
B) ignore strategies that are not the result of a formal planning process.
C) develop the emergent strategies themselves.
D) substitute emergent strategies for formal plans whenever possible.
E) assess whether the emergent strategy fits the company's needs and capabilities.

Question

Quizplus · Accepted Answer

When considering emergent strategies, it is important for a firm's managers to assess whether the emergent strategy fits the company's needs and capabilities. This is because emergent strategies arise from unexpected opportunities or challenges, and thus may not have been part of the firm's original plans. The managers need to evaluate whether the emergent strategy aligns with the firm's goals and capabilities, and if it can be integrated into the overall strategy framework. Therefore, choice E is the best option.

When Considering Emergent Strategies, It Is Important for a Firm's