1) What is an emergent strategy?
An emergent strategy is a pattern of
action that develops over time in an organization in the absence of a specific mission
and goals or despite a mission and goals.
It is also sometimes called a realized
strategy, Mintzberg argues that strategy emerges over time and intention
collides with and accommodates a changing reality. The emergent strategy states
that the organization is learning as well as working.
2) What are the benefits and drawbacks of
taking an emergent approach of strategy making?
·
The
emergent strategy basically arises from the individuals working in the
organization which responds directly to the market forces.
·
The
decisions of the individual do reflect the shifts in the taste of the
customers.
·
The
emergent strategy gives an idea about what the market actually wants
·
Emergent
strategy does not necessarily needs an organization to be very flexible.
·
It
encourages informal communication network in an organization and helps in the
flow of creative thinking and ideas within an organization.
The
draw backs:
·
Might
have technical errors due to less research activity.
·
They
work just with anticipation and it is not necessary the end result will be perfect
the result can be worst.
·
It normally happens by chance so
it leads to uncertainty
33) Did Honda’s entry strategy demonstrate the characteristics of logical incrementalism.
Ø
Logical incrementalism is the
evolution of strategy as a result of experimentation and consensus (Johnson, 2011) . Logical incrementalism allows strategy to be synthesised and
co-ordinated into a single coherent
direction by using as many
multi dimensional input as
possible in the conceptualisation
process to shape the overarching goals. (kippenberger) .
Ø
Yes,
I belive Honda’s entry strategy
demonstrate the characteriscitc of logical incrementalism because
they basically analysed the US
(American market) environment
and also developed the marketing
strategy accourdingly and they
also followed a policy
of the US market region by
region. Honda did not
come up with a big screen plan, it
came up with specific goals and
tried achieving it slowly. US being a
big market for motorcycle, it
has already established brands
like Harley Davidson and many other established ones. But Honda however being the first timer
in the huge international market
came up wit h very specific strategy and the applied
strategy did work for the company as a
whole and it was able to beat the costly and branded bike’s market in a very short spam of time,
very good quality, light weight bikes in a low cost compared to others. They took the
risk and faced the challenge and was innitally
change the image of
motorcycle to the people who had a
bad impression for bikes.
It’s not that they were successful in the first time it self there were many problems in the
bike’s clutch failure, oil leakage
but they redesigned the bike
again in japan and finally were able
to satisfy the customers. Adding
up to its collection of bikes it came up
with the idea of big bikes which the
Americans preferred and then launched the 500
CC supercubs.
Questions:
1 4) Was Honda’s entry strategy
in the US more deliberate or emergent?
I think Honda’s entry
to the US market was mostly a deliberate one rather than a emergent one,
because they had researched and analysed about the market beforehand and also differentiated itself from other
bike manufacturing giants.
Japanese manufacturer had a normal philosophy that high volumes per
model provide the potential
for high productivity as a result
of using capital intensive and
highly autpmated techniques which makes it a deliberate strategy.
If we look at the other side of the coin, we
could see the company faced several problems such as oil
leakage and clutch failure, which deployed the Honda’s image but giving up was not their
way and came up with many more
new strategies to overcome
the problem in the near future.
Hondas’s main
entry to the US market was when they saw the emerging motorbike market
in the US market and wanted to test if the Honda bike would turn out to be people’s favourite, here they practiced
emergent strategy, they just had a made up strategy for a certain period
of time and moved alonged
with it like goinging with the
flow. Eventually, in 1963 a student did a Honda advertisement
assignment and from then the brand has been inseperable.
45) Do
you think Honda would have been
more or
less successful if they had adopeted a more formalized strategic planning
approach to the launch.
I think Honda would have been more
successful if it had adopted a more
formalized strategic planning
approach. If I have to have my say
then I would say that a lot of planning before hand can
sometimes lead to failure as
well because everything is pre
planned and if one plan does not work then
the whole of the idea can
fail and become a flop one and that might have also resulted
in the kick out of the Honda bikes from the
markets itself.
2 6)Which of the accounts seem
more accurate and why? Why do you
think the two differ so much?
The
second Idea to me seems more
accurate because it is based on the real life
interview with the Honda executive
by pascale, they have clearly
mentioned everything everything from the
start of their establishment in the United States. They have mentioned the
smallest details from their visit,
researching about the
market, the language barriers, the
currency problem, sleepless nights on
the floors etc and all of the facts a real. Entering into a big market like US market was not like
getting a candy from the store,
they entered with their front foot first
prepared for all the challenges
and taking full risk as well always
having the fear of being a failure
and at the same time also being
hopeful for a better prespective not having
a specific goal but definitely
worked towards achieving their
ultimate goal.
The two accounts differ from each
other because the first one
states that they had a planned vision to
enter the US market and working
towards achieving their goal where as
the second one stated that they happened to enter the market coincidently.
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