Session 23

Pitfalls and Biases in Strategic Analysis: How to Produce Superior Results with Strategy Work

Track S

Date: Thursday, March 18, 2010


Time: 15:15 – 16:45

Parallel Panel

Room: Kabinetti



Strategy work is not trivial. How can we be sure that the strategy we choose is good enough? Did we succeed to make proper analysis and right conclusions to respond to all relevant threats or to take benefit of the best opportunities? There are several ways to bring about a successful strategy. The process may be formal or informal. It may involve a large group of people or develop in an individual’s head. Often strategy is deliberate, but sometimes it is just opportunistic or a result of evolution. How we end up forming the strategy depends on the company and its market context. Large companies and small companies often need to do things differently. Some companies are bold risk takers, others not so. Some companies are in a new or growing business, while others fight for market shares in a commoditized market.

All Sessions in Track S...

Thu: 08:30 – 09:45
Session 17: Intersections of Strategy Processes and Strategy Practices
Thu: 10:15 – 11:15
Session 19: Strategy Process and Practices for Innovation and Renewal
Thu: 15:15 – 16:45
Session 23: Pitfalls and Biases in Strategic Analysis: How to Produce Superior Results with Strategy Work
Thu: 17:00 – 18:30
Session 18: Capability Co-Specialization in Company Ecosystem
Fri: 08:30 – 09:45
Session 20: Strategy Process and Practice Development Needs Seen by Top Executives
Fri: 10:15 – 11:45
Session 16: Acquisition Strategy Processes and Practice
Session 21: Business Models for the (Both-and) World
Fri: 13:15 – 14:45
Session 46: Strategy Practices in Russian Firms
Session 49: Strategic Management as a Profession? Possible Roles for the SMS and Business Schools
Fri: 15:15 – 16:30
Session 22: Striving Towards Competitive Advantage and Renewal Through Strategy
Sat: 09:00 – 10:00
Session 47: Future Directions of Strategy Process and Practice Research

Strategic Management Society