1. STRATEGIC MODELS AND MANAGEMENT revised May 2017
PROFESSOR ROBIN MATTHEWS
KINGSTON UNIVERSITY BUSINESS SCHOOL LONDON
ECONOMIC STRATEGIES
PRESIDENT OF THE LEAGUE OF CORPORATE STRATEGY AND ACCOUNTING
http/
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2. payoffs Inner dynamics Outer
GRAMMAR
SYSTEM
STATE
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3. (0) P grammar OD ID PAYOFFS (P) INNER (ID) DYNAMICS
The system state
is a
chaotic attractor
SDIC P P
(0)
OODOO I OD ID
INNER (ID)
DYNAMICS
OUTER (OD) DYNAMICS
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5. Personal development portfolio; scheme
Past
Future
Alternative paths
Upside risks
intention
Chosen
Downside risks
alternative paths
Impact analysis
Probability x utility
now

6. ORGANIZATIONAL GRAMMAR
describes the rules that operate in societies/organizations/institutions
Underlies
Inner dynamics
Outer dynamics
Payoffs and stakeholders that societies/organizations/institutions focus on
includes explicit, and implicit laws, regulations, traditions, cultures and mind sets external and internal to an organization.
Includes hard and soft systems
is reflected in artefacts
Introduces structure/organization
Establishes meaning/sense making
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7. (SOME) CATEGORIES OF grammar
G =Uigi
Concept [T]
Personal [P]
Unconscious [U]
Formal [F]
an intersection of sub-grammars
Explicit [E]
Internal [M] ∩ ∩
External [X]
Tacit [T]
Conscious [C]
Informal [I]
Social [S]
Artefact [A]
(SOME) CATEGORIES OF grammar
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8. The strategic process is embedded in organizational orgrammar
conceptual
Action
The strategic process is embedded in organizational orgrammar
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9. Search Choice CONCEPTUAL Implementation EVENTS Adaptation
strategic decision process
Search
Intentions, aspirations, vision of the future
imagining/analysing alternatives,
deciding according to
values norms and desired payoffs
Conceptual stage
Imagination/analysis
Algorithms
Mind sets
CONCEPTUAL
Choice
Commitment to chosen alternatives.
RISK AND UNCERTAINTY; from potential to actual
Dynamics ensure that intentions are never fully realised
Implementation
Implementation of chosen alternatives.
Monitoring events and comparing actual with desired outcomes.
EVENTS
Actual payoffs occur.
Algorithms for implementation; systems structures cultures architectures path dependence
Monitoring and control, algorithms comparing actual events to intentions.
Adaptation stage
Change evolution as elements of the meta model change
Adaptation
Adaptation to changes in outer dynamics, inner dynamics and grammar, or miscalculations,
unexpected events and disappointing payoffs.
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10. RISK GRAMMAR GRAMMAR GRAMMAR OUTER DYNAMICS 9 Evaluation, 8 reflection
1 vision,
intention
ADAPTATION
implementation 7
2 values
REALISATION
SEARCH
PAYOFFS 6
3 CAPABILITIES
choice commitment 5
4 alternative scenarios
GRAMMAR
RISK
GRAMMAR
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14. RISK GRAMMAR GRAMMAR GRAMMAR OUTER DYNAMICS 9 Evaluation, 8 reflection
1 vision,
intention
ADAPTATION
implementation 7
2 values
REALISATION
SEARCH
PAYOFFS 6
3 INNER DYNAMICS/capabilities
choice commitment 5
4 alternative scenarios
GRAMMAR
RISK
GRAMMAR
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