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Adaptive Search Method For Strategy Formulation

Short Leadership & Management Training Courses in Paris France Posted on March 4, 2019 by adminMarch 25, 2019

One of the methods in formulating strategies is Adaptive Search Method. This method uses a search procedure in arriving at a strategy. This is accomplished through a ‘cascade’ approach: at the outset possible decision rules are formulated in gross terms and are then successively refined through several stages as the solution proceeds. For example, a civil contractor may analyze its past performance and prospects and arrive at a decision to seek diversification. As the second step it would decide that a closely related industry is the natural direction to follow and pick real estate development as its preferred arena. This … Continue reading →

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Posted in Adaptive Search Method For Strategy Formulation, Management Articles | Tagged General Management, Leadership, Strategic Management

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