Business Strategy: Strategizing is more than just reflecting on the information at hand and having a wild idea once in a while to escape from an outdated cognitive map Custom Essay

Question 1 “Strategizing is more than just reflecting on the information at hand and having a wild idea once in a while to escape from an outdated cognitive map” (De Wit and Meyer, 2014: 69). Explain the analytical reasoning perspective and the holistic reasoning perspectives respectively. Identify the writers supporting each perspective and explain their contribution to this debate. Identify an organization (e.g. Apple Inc.) noted for its ability to balance analytical reasoning and holistic reasoning. Give a sustained explanation of how that organization is able to achieve this outcome. ( 20 marks ) Question 2 a) Explain the shareholder value perspective and the stakeholder value perspective. (5 Marks) b) Identify the readings supporting the shareholder value perspective and the stakeholder value perspective respectively and explain their contribution. (8 Marks) c) HSBC Group is an organization that actively seeks to balance the shareholder value perspective and the stakeholder value perspective in its strategy. How do they achieve this outcome? What are the benefits? (7 Marks) (Total: 5 + 8+ 7 = 20 marks) Please note that all references must be cited using the Harvard referencing system. Please provide a reference list at the end of each answer.

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